GBP/USD is facing resistance around 1.5815, good to buy at dips
May 18, 2015 05:02 am UTC| Technicals
RES4: 1.6025 (100% projection of 1.4564 to 1.54997 from 1.50880) RES3:1.5855 RES2: 1.5815 (161.8% retracement of 1.5746 and 1.50880) RES1:1.5750 (161.8% retracement of 1.5497 and 1.50880) PRICE:...
USD/JPY is in consolidation phase, waiting for further confirmation
May 18, 2015 04:52 am UTC| Technicals
RES4: 122.05 (Mar 3rd high) RES3 120.80 (Mar 10th High) RES 2 :120.50 (May 5th high) RES1:119.63 (200 day HMA) PRICE: 119.63 @ 04:46 GMT SUP1: 119 (May 7th low) SUP2: 118.50 (Apr 30th low) SUP...
USD/IDR opens at 13080-13090 and traded bullish bias since
May 18, 2015 03:36 am UTC| Technicals
Good bidding interests from both local and foreign names Higher regional pairs, fresh funds buying in NDFs strengthen Pair traded 13080-13125 range so far, last 13115-125, NDFs...
USD/THB eyes fresh test at 33.60, 33.80 levels as growth outlook weak
May 18, 2015 03:27 am UTC| Technicals
Q1 GDP 3.0%y/y vs exp 3.4%, though above 2.1%, revised, previous quarter Quarterly number +0.3% vs expected -0.50% but below 1.10% previous (revised) NESDB cuts full year growth o 3-4% vs 3.5-4.5% previous...
EUR/USD falling back from 1.1468 late NY high
May 18, 2015 03:15 am UTC| Technicals
New York retracement low of 1.1412, hourly Ichimoku cloud at 1.1323-96 Ongoing Greek tale despite optimism in some area, USD broadly bid Bunds yield less of factor, both US-German yields off...

USD/CAD technical suggests down trend
May 18, 2015 03:06 am UTC| Technicals
Gently bid with USD/JPY this morning in Asia, quiet weekend for news Pivotal support at 1.1920/40 Despite bounce 5, 10 20 dmas head south, neutral momentum studies Close below 1.1920 would target 1.1728, 50%...
AUD/USD on its low after comments from RBA’s Lowe
May 18, 2015 02:54 am UTC| Technicals
RBA Lowe gave the market a push saying it still had scope to cut interest rates An obvious comment to most but not those betting RBA done and dusted RBA seemingly intends to walk this fine line to keep AUD...