USD/CAD rebounds to 1.2003 after wage data, big Fibo corral Loonie
May 06, 2015 12:52 pm UTC| Technicals
Soft ADP offset somewhat by a big pick up in wage growth USD/CAD rebounded to 1.2003 after the wage data, back to range trade 1.1989 38.2% Fibo a big number for techies, ceded last week, but that was intra-day and daily...
EUR/USD spikes to new high, ADP miss puts confluence of techs back in play
May 06, 2015 12:44 pm UTC| Technicals
Treasury yields USD sink, EUR/USD spikes to new high on below forecast ADP EUR/USD pierced 100-DMA 76.4 Fib of 1.1534-1.0463 threatened, RSIs are biased up. gives bulls momentum Close above the confluence of techs...
USD/MXN consolidates around 10-HMA by 15.332
May 06, 2015 12:38 pm UTC| Technicals
USD/MXN consolidates around 10-HMA by 15.332, biased to downside Correlation with oil breaks down, rates in focus, no Mex data today Oil price rise weakens USD lifting global yields, MXN gains muted by rates...
EUR/GBP is pares it gains in European session, good to buy at dips
May 06, 2015 12:09 pm UTC| Technicals
RES 3: 0.7509 RES 2: 0.74570 (76.4% retracement of 0.7590 and 0.7010) RES 2: 0.7420 (May 1st high) RES1 :0.7385 (Mar 26th high) PRICE: 0.7375 @12:07 GMT SUP 1: 0.7365 (55 day H EMA) SUP2:...
EUR/USD retreats from higher levels, good to buy at dips
May 06, 2015 11:58 am UTC| Technicals
RES4:1.11532 (Feb 3rd high) RES3: 1.13000 (23.6% retracement of 1.39927 and 1.04685) RES2: 1.12889 (May 1st high) RES 1: 1.12700 (Todays high) PRICE: 1.1222@ 11:56 GMT SUP 1: 1.1200 (20 day HMA) ...
AUD/USD is trading near to 0.8000, good to buy at declines
May 06, 2015 11:11 am UTC| Technicals
RES 4 :0.8115 RES 3: 0.8074 (Apr 29th high) RES 2: 0.8000 (61.8% retracement of 0.8074 and 0.79028) RES 1: 0.7980 PRICE: 0.7977 @ 11:10 GMT SUP 1: 0.7950 (20 day HMA) SUP 2: 0.7894 (200 day...
GBP/USD is trading highly volatile, trend reversal above 1.5250
May 06, 2015 07:36 am UTC| Technicals
RES4:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES3: 1.55512 (Feb 26th high) RES2:1.5340 (61.8% retracement of 1.5497 and 1.5080) RES1: 1.5240 (200 day HMA) PRICE: 1.5224@ 07:34 GMT SUP...