EUR/JPY now by 135.03 and falling
May 26, 2015 15:48 pm UTC| Technicals
EUR/JPY 134.90 offers ahead of the daily Tenkan, now by 135.03 and falling The 100-DMA is by the 38.2% Fibo at 132.80 Mons range below the up TrendLine from Apr the 21-DMA reinforces the bearish...
USD/JPY trims post-breakout gains, stocks blowback
May 26, 2015 15:41 pm UTC| Technicals
USD/JPY trims post-breakout gains, SPX N225 futures starting to skid Key supports by London low 38.2% projected at 122.48, stocks blowback Medium-Term 38.2% at 122.40 should hold 161.8 off May 22 base is at 123.62 as...
AUD/USD at new session lows, mid-April low in view
May 26, 2015 13:40 pm UTC| Technicals
AUD/USD at new session lows supported by firm USD US Treasury yield Pair pierced 61.8 Fib of 0.7534-0.8164, eyes cloud top 0.7700/10 support 76.4 Fib mid-April lows in 0.7673/83 on radar scopes, is decent support If...
EUR/USD recovery attempts capped by 21 HMA
May 26, 2015 13:33 pm UTC| Technicals
21 HMA at 1.0940 weighs on recovery attempts by EUR/USD The average has provided a rough cap on hourly charts since fall Friday Initial downside target is the base of the cloud at 1.0738 1.0885 was the Euopean AM low....
USD/CAD strong resistance around 1.2400
May 26, 2015 13:22 pm UTC| Technicals
Strong resistance around 1.2400, 21-DMA Bband at 1.2401 +2.0 200-HMA Bband 1.2402. 75-Daily M/A at 1.2398 Daily Ichi cloud base 1.2420. +3.0 21-HMA Bband 1.2400 55 100 DMAs down at 1.2355 67 should add support, if...
GBP/USD hits 18-day low after US durable goods ex-transport beat
May 26, 2015 13:19 pm UTC| Technicals
Cable deflated by greater Fed expectations Hits 18-day low by 1.5360 after US durable goods ex-transport beat Recent hawkish shift in Fed hike expectations = key source of support for USD Ensuing recovery rally topped...
AUD/USD breaks major support 0.7780, decline till 0.7680 is possible
May 26, 2015 12:26 pm UTC| Technicals
RES 4: 0.7985 (200 day HMA) RES 3: 0.7935 (cloud bottom) RES 2: 0.7915 (trend line resistance) RES 1:0.7850 (Support turned into resistance) PRICE: 0.77894 @ 12:15 GMT SUP 1 :0.7785 (May 5th...