Feb 19, 2015 09:11 am UTC| Technicals
118.42 lows pressured in Asia and possible retest here intraday Above Ichimoku cloud top at 118.28 Moved above the cloud Tuesday Rebound came from the 618% fibo of the Feb range at 118.10 Above here...
Feb 19, 2015 09:07 am UTC| Technicals
Strong demand side fades as market loses momentum Pair favors a 1.5600 test but slower on Thursday 1.5480 Wed high, 1.5600 100DMA and 1.5621 Dec 31 high Support = 10DMA at 1.5333 and Tues low at...
EUR/USD slightly better bid but market wary
Feb 19, 2015 08:42 am UTC| Technicals
Pair finds potential for a return to the 1.1450 Wed highs but slow going Market still short, caps near term losses, support seen at 1.1390-00 Could rise to the mid-1.15s Market cautious over Greece but...
EUR/GBP better levels to sell above 0.7400
Feb 19, 2015 08:29 am UTC| Technicals
Long-term bear trend strengthens after new 7 year low at 0.7348 was made on Wed Correction off closing in on 0.7400 intraday Stay with the sell strategy, offer at the 200 HMA by 0.7410 Downside targets...
EUR/SEK sees tight market with upside scope
Feb 19, 2015 08:23 am UTC| Technicals
Pairs offers to Wed 9.5760 highs but bids moves in, 9.5150-5250 200HMA supports at 9.5170 and minor resistance is at 9.5560 Currency intervention remains a tool in the central banks arsenal,...
GBP/USD rally stalled at key fibo
Feb 19, 2015 08:16 am UTC| Technicals
Weds rally halted at 1.5480, just 1 pip ahead of the 1.5481 23.6% fibo 1.5481 = 23.6% of the 1.7192/1.4952 decline from Jul 2014/Jan 2015 Below this fibo stay with the short trade Trend indicators close...
EUR/USD off highs but ranges tight
Feb 19, 2015 08:12 am UTC| Technicals
Pair is off late in Asia 1.1425 tops but pullbacks in quiet trade First support is the 100 HMA at 1.1393 but spot holds in 1.14s Daily charts consolidate below 1.1450 Bias stays with bear below Short...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight