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GBP/JPY broken short term resistance 183.70 and is now marching towards 185 level.

Mar 10, 2015 07:36 am UTC| Technicals

RES 4: 186.39. RES 3: 185.05 (Feb 26th high). RES 2: 184.36 (61.8% retracement of 189.67 and 175.77). RES 1: 183.70 (mar 5th high) PRICE: 121.85 @ 6:20GMT SUP 1: 182.70 (20 day 4HMA). SUP 2: 182.30 (200 Day 4...

EUR/GBP extends to new lows at 0.7155

Mar 10, 2015 06:49 am UTC| Technicals

Bear trend extends, makes new 7+ year lows at 0.7155 in early London Market weighed by down-ticking 10 DMA and tenkan line, last at 0.7261 Overall scope to 0.6654 fibo retrace - 76.4% of 0.5681 -...

EUR/USD sees short target of 1.0765

Mar 10, 2015 06:38 am UTC| Technicals

Monthly low from Sept 2003 is 1.0762 1.0785 was the fresh 12 year low in Asia Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic Prices closed last month under the 61.8% of this...

USD/JPY TECHNICALS

Mar 10, 2015 06:35 am UTC| Technicals

RES 4: 128.33- 161.8% projection of 115.55 to 121.80 from 118.22. RES 3: 125.66 - 161.8% retracement of 121.80 and 115.55. RES 2: 124.13 - Jun 2007 High. RES 1: 122.20 - Jan 2007 high.PRICE: 121.85 @ 6:20GMT SUP 1:...

USD/JPY holds sub-122

Mar 10, 2015 06:20 am UTC| Technicals

Nikkei gapped up at open but dropped hard on profit-taking. From 18,924.38 to 18,577.06, close 18,665.11, down 125.44 pts or 0.67%. USD/JPY pulled down from fresh trend high of 122.04 to 122.70...

USD/IDR stable, BI to maintain firm FX rates

Mar 10, 2015 06:15 am UTC| Technicals

BI deputy governor to maintain stable exchange rate based on fundamentals FinMin said current IDR level no danger to state budget USD/IDR stuck at 13065-13070, traded tight 13050-13070 range so far NDFs...

USD/INR limited by profit-taking

Mar 10, 2015 05:47 am UTC| Technicals

USD/INR opens up at 62.80 but limited by profit-taking and exporters sales Risk aversion and broad rise in USD/majors halts falls Pair traded 62.75-62.83 range so far, last 62.71-62.74 NDFs last ind at...

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