USD/JPY is in consolidation phase, waiting for further confirmation
May 15, 2015 05:18 am UTC| Technicals
RES4: 122.05 (Mar 3rd high) RES3 120.80 (Mar 10th High) RES 2 :120.50 (May 5th high) RES1:119.70 (200 day HMA) PRICE: 119.35 @ 05:09 GMT SUP1: 119 (May 7th low) SUP2: 118.50 (Apr 30th low) SUP...

EUR/AUD setup supports range trading, rather than a trending market
May 15, 2015 03:04 am UTC| Technicals
Opened +0.85% on disparate component position adjustment v/s USD Momentum studies base - 5, 10 20 dmas conflict - 20 day Bollingers contract Setup supports range trading, rather than a trending...
AUD/USD struggling to recover earlier losses
May 15, 2015 02:56 am UTC| Technicals
Pair since bounced off its 0.8043 low but 0.8070 proving a tentative block Iron ore fixed 1.3% lower while Dalian future fell 3% (and another 0.5% today) For now respect 0.8040; break however warns Wednesdays...
NZD/USD hits new short-term trend high, key resistance at 0.7565/75
May 14, 2015 15:15 pm UTC| Technicals
NZD/USD pierces 55 DMA 50 Fib of 0.7744-0.7318, hits new short-term trend high Some gains pared as USD bounces commodity lifts stall, offers in 0.7565/75 zone loom aid pullback Day RSI biased up, long lower wick on...
EUR/JPY hits new price trend high; short-term overbought risk
May 14, 2015 14:18 pm UTC| Technicals
EUR/JPY 136.42 high is by 136.70 Feb peak 161.8% off April base at 136.66 Purge of Bund buys nearing oversold on weekly RSI, may slow EURs squeeze New price trend high, but RSI bearishly diverges, warns of Short-Term...
USD/ZAR 100DMA gives out at 11.8180
May 14, 2015 13:56 pm UTC| Technicals
Dollar down, Gold up and stops kick in USD/ZAR 100 DMA gives out at 11.8180 and stops go off to 11.7800 April 29 11.71 low now in sight, broad USD reaction to soft US data still leaning on price Key support area...
USD/MXN lower after US data, testing thin cloud support by 15.13
May 14, 2015 13:35 pm UTC| Technicals
USD/MXN lower after US data, testing thin cloud support by 15.13 Mexicos own growth concerns weigh on peso, Fed LFL seen as peso friendly Next support is at recent low at 15.1075, close below the cloud eyes Apr 6 low by...