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EUR/JPY looks to fade recovery moves

Mar 17, 2015 09:30 am UTC| Technicals

Close at the end of last week below 128.52 weakens market 128.52 - 38.2% retrace of the 94.12 to 149.79 rise Traders look to get short at 129.50 for losses to 125.10 Tenkan kijun lines are aligned...

GBP/USD-1.4775 bids tested after fall

Mar 17, 2015 09:27 am UTC| Technicals

Cabletests1.4775 bidsafterhalf-cent+ slidesince European open 1.4776 = 50% retracement of 1.4699 (last Fridays 57month low) to 1.4853 1.4853 was Mondays high. 1.4845 = early Europe...

USD/CHF remain long for gains

Mar 17, 2015 09:23 am UTC| Technicals

30-day upper Bollinger-band points north = bullish Traders remain long at 1.0005 for 1.0235 level Stop is at 1.0005 14-day momentum remains positive, highlighting the upside...

GBP/USD -Tenkan and kijun lines aligned negatively

Mar 17, 2015 09:21 am UTC| Technicals

Further losses sub the 1.4699 level - 2015 low posted on Friday expected Traders look to fade rallies to the 1.4880 level Fridays 1.4897 peak weigh further on short-term corrective...

EUR/USD stops close above 1.0610-20 offers

Mar 17, 2015 08:58 am UTC| Technicals

EUR/USD offers 1.0610-20 Stops 1.0625 and 1.0640 Larger sellers eyed 1.0660-80 March 12 high 1.0684 March 11 high 1.0718 and 200-HMA seen at 1.0717 Bids seen ahead 1.0550/hourly cloud base Stops below...

USD/SGD moves higher

Mar 17, 2015 06:23 am UTC| Technicals

USD/SGD rises above 1.3900 on news that Lee Kuan Yews condition has worsened Pair hit 1.3909 high on weak NODX but talk of intervention caps USD/SGD last 1.3906-11, looks at nearby resistance of...

USD/JPY stable, Nikkei closes at 19,437

Mar 17, 2015 06:12 am UTC| Technicals

Nikkei to new trend and 15-year high of 19,479.89 earlier. Close +190.94 points, 0.99%. USD/JPY in tight 121.29-53 range. Bids still from pre-121.00, moves down, offers from pre-121.75, moves up. Large...

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