EUR/GBP recovers after making low of 0.7063, good to sell on rallies
May 26, 2015 11:53 am UTC| Technicals
RES2:0.72012 (61.8% retracement of 0.7285 and 0.7639) RES3 : 0.7168 (200 day HMA) RES 2: 0.7119 (Cloud bottom) RES 2: 0.7095 (55 day H EMA) PRICE: 0.7090 @11:51 GMT SUP1: 0.7060 (61.8% projection...
GBP/USD breaks short term support 1.5440, decline till 1.5350 is possible
May 26, 2015 06:15 am UTC| Technicals
RES4: 1.5630 (Support turned into resistance) RES4: 1.5580(13 and 1.5441) RES3:1.5525 (Cloud top) RES2: 1. 5460 (20 day HMA) PRICE: 1.56391@ 06:14 GMT SUP1: 1.5441 (May 19th low) SUP 2: 1.5390 (May...
USD/JPY IS TRADING ABOVE 121.80,JUMP TILL 123.40 IS POSSIBLE
May 26, 2015 05:30 am UTC| Technicals
RES 4 : 125.79 (161.8% retracement of 121.83 and 115.55) RES3: 124.13 (2007 High) RES2:123.41 (138.2% retracement of 122.01 and 118.32) RES1: 122.05 (Mar 3rd high) PRICE: 121.84 @ 05:17 GMT SUP1:...
USD/THB firm ahead of trade data
May 26, 2015 03:12 am UTC| Technicals
USD/THB officially closes on Monday on its intraday high at 33.60 THBdeclined yesterday on p/t after being Asias best performing ccy last week Support seen at yesterdays 33.47 low and then 33.38 (20-dma...
EUR/JPY closer to descending 100-DMA
May 26, 2015 02:52 am UTC| Technicals
Cross moving closer to descending 132.86 100-DMA, test eyed soon Recent short-covering rallies capped by 200-DMA, then now descending tenkan Break below 100-DMA projects test of flat daily Ichi kijun at...
EUR/GBP trades below 0.7115, decline till 0.7020 is possible
May 25, 2015 11:21 am UTC| Technicals
RES2:0.7181 (200 day HMA) RES3 : 0.7165 (May 22nd High) RES 2: 0.7099 (20 day HMA) RES 2: 0.7088 (7 day H EMA) PRICE: 0.7090 @11:19 GMT SUP1: 0.7060 (61.8% projection of 0.74820 to 0.71217 from...
USD/JPY is retreating from higher levels, good to buy at declines
May 25, 2015 10:55 am UTC| Technicals
RES4: 124.13 (2007 High) RES3:123.41 (138.2% retracement of 122.01 and 118.32) RES2: 122.05 (Mar 3rd high) RES1 121.49 (161.8% retracement of 120.49 and 118.87) PRICE: 121.47 @ 10:42 GMT SUP1: 120.89...