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NZD/USD risking cross buy-back

Feb 17, 2015 05:20 am UTC| Technicals

NZD struggles to break topside technical resistance c0.7530/35 peaking at 0.7528 Headwind made through oversold AUD/NZD market cutting exposures Delayed RBA OCR cut opens way for cross to recover but...

AUD/CNH sees pressured pivotal resistance

Feb 17, 2015 04:36 am UTC| Technicals

Cross opened +0.43% on weakness of CNH into Chinese New Year - extended 0.5% in Asia CNH continues selling AUD bought as RBA disappointed doves Crosss rebound leaves 5, 10 20 dmas conflicting - positive...

USD/CNH rebounds sees positive signals

Feb 17, 2015 04:12 am UTC| Technicals

Pairs bid made 180pts yesterday ahead of Chinese New Year - extended 90pts today Move has seen reasonable volumes Pairs rebound leaves 5, 10 20 dmas moving higher - momentum studies base Early days, but...

USD/JPY better bid as Nikkei cuts losses

Feb 17, 2015 03:52 am UTC| Technicals

USD/JPY rebounds with Nikkei cutting losses at the open. USD/JPY low 118.23, high so far 118.55 early, Nikkei now around par on day. Nikkei push back above 18k expected to be bullish USD/JPY. Offers well...

USD/CAD strengthens

Feb 17, 2015 02:56 am UTC| Technicals

5, 10 20 dmas conflict, 20 day Bollingers contract - momentum studies drop Period of consolidation implied, confirmed by sustained 1.2498 20 dma break Tight doji in Asia opened slightly stronger - CLc1...

AUD/JPY opens 15pts lower in early Asia, eyes on RBA

Feb 16, 2015 23:45 pm UTC| Technicals

Neutral momentum studies - 5, 10 20 DMAs conflict 92.57 20 DMA pivotal resistance Yesterdays 91.68 low 92.25 5 DMA are initial...

GBP/USD tends below 1.5377 pivot, bias lies with bulls

Feb 16, 2015 13:15 pm UTC| Technicals

76.4% fibo of the Jan 1.5588/1.4952 decline weighed at 1.5438 Pullbacks can be used as opportunity to get long. Support is at 1.5370 Target 1.5481 (23.6% fibo) then 1.5531 (cloud...

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