GBP/USD is trading weak, market awaits UK election
May 04, 2015 06:01 am UTC| Technicals
RES4:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES3: 1.55512 (Feb 26th high) RES2:1.5358 (61.8% retracement of 1.5497 and 1.5133) RES1: 1.5254 (Kijun-Sen) PRICE: 1.5156@ 05:52 GMT SUP 1:...
USD/JPY is trading above 120 level, jump till 122 is possible
May 04, 2015 05:11 am UTC| Technicals
RES3 :122.01 (Mar 10th high) RES 3: 121.42 (Bollinger Upper band) RES 2: 120.80 (13th Apr high) RES 1: 120.08 (Apr 22nd high) PRICE: 120.06 @ 05:01 GMT SUP1: 119.67 (7 day W EMA) SUP 2: 119.34 (20...
AUD/NZD positive bias, eyes on RBA rate decision
May 04, 2015 05:03 am UTC| Technicals
Positive Australia Building approval capped by China Market awaits RBA rate decision and statement both, swaps price cut at 77% Momentum studies conflict - 5, 10 20 dmas head north - positive setup Initial...
AUD rate cut fears weigh but 78 cents supported
May 04, 2015 04:15 am UTC| Technicals
AUD/USD opened Monday at 0.7845; traded 0.7803-45 in Asia; last 0.7831 AUD local data mostly firm - especially building approvals Negative China HSBC mfg PMI print saw AUD/USD make fresh low at 0.7803 Support...
NZD/USD opened Monday 0.7532 and traded 0.7510-40 in Asia
May 04, 2015 04:08 am UTC| Technicals
Pair finds support ahead of 75 cents solid suggest bounce at some stage Pair heavy from the get go in consideration with soft AUD on rate cut fears Market keen to sell AUD and AUD against its major crosses...
GBP/USD trading in a tight range
May 04, 2015 03:58 am UTC| Technicals
A quiet Asia into the UK bank holiday in observance of May Day Hung parliament indecision expected, but GBP remains elastic Momentum studies 5 dma crest, 10 20 dmas head north with...
GBP/USD long weekly wick suggests huge topside failure
May 01, 2015 14:59 pm UTC| Technicals
GBP/USD bears pile as messy UK election next Thurs comes into focus GBP whacked across board, GBP/USD long weekly wick suggests huge topside failure GBP/USD 1-wk volume hits 16.7% vs 10.2% realised, EUR...