EUR/USD May high in play on weak sales data
May 13, 2015 12:54 pm UTC| Technicals
Stops above 1.1290 run big short scramble sees near 1.1320 May high now in play, long-term charts suggest higher test likely though 100 10- DMAs lend support as do bullish RSIs Yield spreads narrow as US yields dive...
USD/MXN 55-DMA by 15.2599 giving way
May 13, 2015 12:19 pm UTC| Technicals
USD/MXN offered overnight with UST yields, oil hovers near recent highs 55-DMA by 15.2599 giving way, next support is thin daily cloud base around 15.13/14 area Below eyes daily pivot support by 15.2012, below the daily...
EUR/USD is facing resistance around 1.1290, good to buy at dips
May 13, 2015 12:10 pm UTC| Technicals
RES4:1.11532 (Feb 3rd high) RES3: 1.1427 (161.8% retracement of 1.12889 and 1.1065) RES 2: 1.13689 (May 6th high) RES 1: 1.1290 (May 1st high) PRICE: 1.1230 @ 12:03 GMT SUP 1: 1.1213 (200 day HMA) ...
EUR/GBP recovers from its low of 0.7120 (double bottom), jump till 0.730 is possible
May 13, 2015 11:48 am UTC| Technicals
RES 2: 0.7380 (Apr 3rd High) RES 3: 0.7325 (200 day HMA) RES2: 0.7260 (May 11th high) RES1 :0.7225 (Support turned in to resistance) PRICE: 0.7183 @11:43 GMT SUP1: 0.7156 SUP 2:0.7115 (23rd...
GBP/USD pares it s gain after BOE Inflation report, good to buy at dips
May 13, 2015 11:34 am UTC| Technicals
RES4: 1.6025 (100% projection of 1.4564 to 1.54997 from 1.50880) RES3: 1.5815 (161.8% retracement of 1.5746 and RES2:1.5750 (161.8% retracement of 1.5497 and 1.50880) Res1:1.5710 (May12th high) PRICE:...
NZD/USD is trading near trend line resistance, weakness only below 0.7380
May 13, 2015 09:22 am UTC| Technicals
RES4:0.7580 (May 5th high) RES3: 0.7500 (May 8th high) RES2: 0.7467 (200 day HMA) RES1:0.7435 (trend line joining 0.7639 and 0.7572 PRICE: 0.7430@09:19 GMT Sup1: 0.7380 (34 H EMA) SUP2: 0.7350 (Cloud...
USD/SGD boosted by weak China Industrial Production data
May 13, 2015 06:20 am UTC| Technicals
Pair moving higher into early Europe trades, weak China data underpin China April industrial output +5.9%y/y, retail sales 10%y/y vs exp 6.0%, 10.5% respectively April urban investment rose 12.0%y/y vs exp ...