USD/JPY is struggling to break 120.50, good to sell on rallies
May 13, 2015 05:36 am UTC| Technicals
RES4 122.01 (Mar 10th High) RES 2 :121.18 RES 2 120.80 (13th Apr high) RES1:120.50 (May 5th high) PRICE: 119.85 @ 05:32GMT SUP1: 119.85 (200 day HMA) SUP2: 119.50 (May 8th low) SUP 3: 119.19...

USD/CAD double bottom back in view
May 13, 2015 03:20 am UTC| Technicals
Oil trades +0.76% in Asia, local stocks modestly higher and AXJ +0.38% Momentum studies flat line, 5 10 dmas base, 20 dma falls - mixed signals Initial support/resistance at 1.1979 and...

GBP/JPY positive setup targets 2014 trend high at 189.63
May 13, 2015 03:03 am UTC| Technicals
Bollingers, momentum studies, 5, 10 20 dmas track north Initial support at 185.98 (5 dma) and resistance at 188.37,...

NZD/USD rebound from strong 0.7300-15 support
May 13, 2015 02:50 am UTC| Technicals
0.7300-15 strong base - 76.4% of 2015 rally cluster of lows in mid-March Resistance to reject initially for 0.7350-0.7425 consolidation before 0.7450 test Resistance at 0.7422. April 13 high, support at...
USD/MYR attracts fresh buying on dips below 3.60
May 13, 2015 02:40 am UTC| Technicals
Ratings cut fear added to support; Fitch reiterate ratings cut possibility Fitch said oil rally fails to allay concerns over Malaysia Pair opens at 3.6050-00, was given; markets cheer lower USD Pair...
NZD lower as market digests comments from RBNZ Wheeler
May 13, 2015 02:37 am UTC| Technicals
Wheeler said current level of NZD unsustainable and they want it lower Cross popped up to close to 1.0850 from just below 1.0800 NZD/USD eased to as low as 0.7362 from just above 0.7400 NZD/USD buyers...
EUR/USD presses 10 & 100-DMAs, dip buyers lurk
May 12, 2015 14:19 pm UTC| Technicals
EUR/USD presses 10 100-DMAs after pullback from overnight high, dip buyers lurk Pair nearing overnight high again on USD swoon Greek bank ELA increase 1.1290/1.1315 needs clearing to see recent bears exit, little...