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EUR/USD expects more short-covering

Feb 25, 2015 08:15 am UTC| Technicals

Leveraged accounts for EUR/USD push to 1.1389 high Extended loosening of shorts and lower option volumes extensively eyed Todays high close to center of supposed key pivots 1.1270-1.1534 Significant...

GBP/USD breaks heavy resistance

Feb 25, 2015 08:13 am UTC| Technicals

Solid resistance capping bulls at 1.5481 broke 1.5481 - 23.6% retrace of the 1.7192 to 1.4952 Jul to Jan fall Ichimoku Cloud top at 1.5490 has also been taken out Daily close above 1.5481/1.5490 will...

USD/JPY continues to trade above cloud bullish

Feb 25, 2015 08:11 am UTC| Technicals

Steep intra-day fall on Tuesday allowed getting long overnight Pair continues trading above Ichimoku cloud indicating upside potential Daily close above tenkan line at the 118.98 level required Tenkan ...

Nikkei reverses gains seen earlier, weighs on USD/JPY

Feb 25, 2015 06:14 am UTC| Technicals

Nikkei close 18,585.20, -18.28 pts, fresh 18,648.77 trend high earlier. 18,552.81 low of session into the close. USD/JPY weighed by late Nikkei weakness again, back towards 118.62 low earlier. USD/JPY...

USD/CNH bounces along with neutral signals

Feb 25, 2015 04:49 am UTC| Technicals

Offshore 100pts loss improved in Asia on higher CNY fix HSBC flash PMI strong headline - softer details 5 dma momentum studies crest, 10 20 dmas rise - neutral setup Initial support are earlier ...

AUD/USD strong ahead of Europe

Feb 25, 2015 04:43 am UTC| Technicals

AUD/USD moves back to 0.7880 as short covering continues in Asia Next layer of stops start above 79 cents - break targets 55-dma at 0.8003 Short covering rallies may be quickly reversed in...

AUD/NZD sees positive signals - 1.0490/00 pivotal

Feb 25, 2015 03:54 am UTC| Technicals

+15pts in Asia - AUD led as stops above 0.7850 were tripped Bullish outside day yesterday contributes to Thursdays hammer reversal signal 1.0488 38.2% of 2015 fall 20 dma resistance - close above strong...

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