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USD/CAD long for 1.2600

Mar 05, 2015 09:17 am UTC| Technicals

Traders are long at 1.2415 with expectation a move through 1.2600 Layers of support have formed between 1.2353/1.2388; Feb 3/26 lows A daily close below 1.2286 will suspend 1.2286 - 23.6% retrace of ...

EUR/GBP sees scope beyond 0.7235

Mar 05, 2015 09:06 am UTC| Technicals

The bear trend will run further Overall scope to 0.6654 fibo retrace Lowered the offer with the downticking 10 DMA, at 0.7295 today Lower recovery highs seen (0.7301 Mon, 0.7289 Tues, 0.7280...

USD/CHF spot guided higher by 21 DMA Bollinger

Mar 05, 2015 08:59 am UTC| Technicals

The 21 DMA upper Bollinger guides price higher, today at 0.9708 Slight spike above yesterday but closed back under the line Bid again in Europe. Highs at 0.9685 are resistance 1.0080 is long target, ahead...

GBP/USD targets 61.8% retrace/cloud base

Mar 05, 2015 08:56 am UTC| Technicals

Cleared 1.5253 fibo (50% of 1.4952 - 1.5554) and the 40 DMA at 1.5249 Low was 1.5225 before bounce Scope to 61.8% retrace at 1.5182 below Close by Ichimoku cloud base at 1.5187 Upticks as selling ...

USD/JPY - NY 120.00 strikes to attract

Mar 05, 2015 08:54 am UTC| Technicals

Technical outlook bullish Intra-day bulls require an hourly close above 119.85 pivot Narrow range today of 119.62-119.91 Bids down to 119.50 support; large stops at 119.45 72 hour log correlation ...

USD/JPY bid in range after Nikkei closes up small

Mar 05, 2015 06:23 am UTC| Technicals

Nikkei closes session up 48.24 pts, 0.26% at 18,751.84. Offshore and Japanese investors look to buy dips. USD/JPY bid more in afternoon, up from 119.62 early to 119.91. Option expiries at 119.00 supported...

USD/MYR reached 3.66

Mar 05, 2015 06:21 am UTC| Technicals

USD/MYR reaches above 3.66 agents offers on strong buying interests Central bank expected shift intervention levels further higher with increased sell-off in the EUR EUR/USD broke 1.1050 support to 1.1032...

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