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GBP/USD looks for offers at 1.49 after greenback longs lightened

Mar 13, 2015 08:43 am UTC| Technicals

Profit-taking onUSDlongs assists cableshalf-cent rise from 1.4845 1.4845 = early Europe 20mth low. 1.4850 = Thursdays low Offers at 1.49 (rally high from 1.4850). 1.4893 = Wednesdays low EUR/GBP fell...

USD/CHF found support found on Thursday

Mar 13, 2015 08:40 am UTC| Technicals

Daily momentum stays positive, highlighting the upside potential Spot found support ahead of 0.9950 0.9950 - 23.6% retrace of the 0.9375 to 1.0128 up-leg Traders are long at the 1.0005 level for the...

GBP/USD Tenkan and kijun lines aligned negatively

Mar 13, 2015 08:32 am UTC| Technicals

Break below 1.5000 recently weakened market structure Traders remain short at 1.5015 for 1.4820 and have lowered stop to 1.4905 1.4905 is above todays 1.4897 session high Tenkan kijun lines are ...

USD/JPY sees scope on the upside

Mar 13, 2015 08:27 am UTC| Technicals

Scope for gains towards 122.04 beyond New recent multi-year high is 122.04 Tenkan kijun lines are aligned positively, adding to the upside potential Look to get long at 120.90, ahead of 120.66...

USD/JPY sees scope on the upside

Mar 13, 2015 08:27 am UTC| Technicals

Scope for gains towards 122.04 beyond New recent multi-year high is 122.04 Tenkan kijun lines are aligned positively, adding to the upside potential Look to get long at 120.90, ahead of 120.66...

USD/JPY off from 121.57

Mar 13, 2015 06:17 am UTC| Technicals

Nikkei closed +263.14 pts, +1.39% at 19,254.25, just off 19,335.80 high. USD/JPY up slightly to 121.57 with Nikkei just off high. Bias up for both and correlation to be seen next week. USD/JPY limited by...

NZD/USD falls into line

Mar 13, 2015 05:28 am UTC| Technicals

NZD eventually falling into place off c0.25% as USD demand bears drops 10year spread vz JGBs >300 bps led buyers NZX50 hit record high NZD last at 0.7366/68 holds rate near 2.5%up on pre-RBNZ...

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