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EUR/GBP weighed by BoE vs ECB outlooks

Feb 26, 2015 08:49 am UTC| Technicals

Contradicting BoEECB monetary policy outlooksweigh on EUR/GBP 0.7305 =new 7year+ low for cross (0.7309 = Asia low; 0.7314 = Weds low) Bids tippedat 0.73 (0.7299 = 1.37 in GBP/EUR). Offers seen at...

EUR/JPY sees marginal upside bias

Feb 26, 2015 08:46 am UTC| Technicals

Short-term risk is on the upside Traders look to get long ahead of 134.58 - Weds low Tenkan kijun lines are aligned positively Long tail on last Fris candlestick line has strengthened the...

Real money struck USD/JPY bid

Feb 26, 2015 08:44 am UTC| Technicals

Real money sellers seen behind 20 tick USD/JPY fall from around 119.00 USD/JPY downside may be capped more than US yields note Japanese bids 118.70-20. Japanese investor buy bonds for 4th straight week...

GBP/USD making way for 100DMA test

Feb 26, 2015 08:42 am UTC| Technicals

Cable madenew 8week peak of 1.5554 in Asia after vaulting 1.5538 (Weds top) Risk of earlier than likely BoErate hike = key source of support for GBP 100DMAat 1.5568, with 1.5588 1.5621 amongresistance...

CMC Markets EUR/USD Outlook

Feb 26, 2015 08:36 am UTC| Technicals

The euro broad range remains intact and continues to find support above $1.1270, with the larger key support at the $1.1205 level. Resistance remains near the $1.1450 level, with resistance behind that at...

EUR/GBP reaches new lows, long-term fibo target

Feb 26, 2015 06:47 am UTC| Technicals

Cross moves closer to 0.7300, new trend lows at 0.7309 Scope to the 61.8% of the life low/life high ( 0.5681 - 0.9805) at 0.7256 Short target is ahead at 0.7260 Stops lowered with the downticking 10...

USD/THB crashes, stops hit

Feb 26, 2015 06:36 am UTC| Technicals

USD/THB falls through 32.50, 32.47 supports Stops hit, lack of agents sent pair rolling to 32.37 low Next halt seen at 32.33, before 32.23 21 Oct 2014 low USD/THB last 32.36-38, traded 32.37-55 range...

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