EUR/GBP extends to new lows after hourly cloud weighs
May 27, 2015 13:33 pm UTC| Technicals
EUR/GBP extends to new lows for this move after the hourly cloud weighs Below 0.7015 targets long-term fibo at 0.6654 (76.4% of 0.5681 - 0.9805) Short in play targeting the 2015 low at 0.7015 Stops lowered to above the...
GBP/JPY next key hurdle at 192.46; Fibo targets upper 190s
May 27, 2015 13:25 pm UTC| Technicals
GBP/JPY next key historical hurdle is the Mar 08 spike low at 192.46 61.8% of the 07-11 drop 161.8% off the 11 base are at 199.79 198.35 Those bullish structures retrace well to key 14 lows Post UK election lift,...
55-DMA caps EUR/USD overnight gains, sub-1.07 levels likely
May 27, 2015 12:57 pm UTC| Technicals
Overnight gains capped by 55-DMA, long upper wick forms on daily candle RSIs biased down no divergence, yield spread edge further in USDs favor Late April lows near 1.0660 looks very doable now Above 1.1050/60 needed...
EUR/JPY overnight bounce reversed; 132.80 key below
May 27, 2015 12:51 pm UTC| Technicals
EUR/JPY overnight bounce on fresh JPY sales Asian EUR/USD recovery; latter reversed HS top formation on dailies awaits confirmation with break below 132.80 100-DMA 38.2% of the Apr-May uptrend are by 132.80 now 134.80...
EUR/USD is struggling to break 20 day HMA, decline till 1.0660 is possible
May 27, 2015 12:38 pm UTC| Technicals
RES 4: 1.100 RES 3: 1.0980 (cloud bottom) RES 2: 1.0930 (Cloud top) RES 1:1.0885 (7 day HMA) PRICE: 1.08556 @ 12:18 GMT SUP 1 :1.0850 SUP 2: 1.06580 (Apr 21st low) SUP 3: 1.05482 (Apr...
USD/MXN probes 2-week high near 15.36
May 27, 2015 12:37 pm UTC| Technicals
USD/MXN off overnight lows eyes recent high by 15.4300 Resistance 15.3540 daily pivot resistance, 15.43 high May 12, 55-DMA by 15.2812 supports USTs/oil move lower, RM offers tipped 15.32/35 area Banxico watching MXN,...
USD/JPY closing gap on small 124 barriers
May 27, 2015 12:31 pm UTC| Technicals
USD/JPY remains on track for objectives by 125, prices above down TrendLine from 09 by 122 Pair closing gap on small 124 barriers 124.14 peak from 07; stops above there 161.8% Fibo-projected highs off Mars low 14s low...