USD/MXN long wicks show shorts nervous
Apr 30, 2015 12:23 pm UTC| Technicals
USD/MXN opens NY near middle of days range by 15.24 Falling cloud top, 21/50-DMA by 15.21 supports Further support by 15.1080 low on Apr 17, daily cloud base at 15.0520 Resistance at 55-HMA by 15.3645 Banxico rate...
AUD/USD pares gains in European session, good to sell on rallies
Apr 30, 2015 11:18 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: 0.7938 (Mar 24th high) PRICE: 0.79138 @ 11:14 GMT SUP 1: 0.7898 (34 day 4H EMA) SUP 2:...
GBP/USD fair dimension 1.54 & 1.55, option expiries today
Apr 30, 2015 11:10 am UTC| Technicals
Cable fresh support at 1.54 levels after retreating from 1.5492 Currently at 1.5421, 1.5401 Europe low and rise to 1.5492 levels Rise to threaten 1.55 influenced by EUR/USD gains 1.5498 was Wednesdays 9wk ...
EUR/USD short squeeze loses momentum
Apr 30, 2015 10:36 am UTC| Technicals
Intraday high at 1.1248, barrier protection at 1.1250 levels frequent top picking is maintaining the high level of euro shorts Spread tightening eases, 10 yr US/Bund now in just 3bp Support at 1.1157,...

USD/CAD failed to perform a daily close sub 1.1989
Apr 30, 2015 10:08 am UTC| Technicals
A daily close below 1.1989 will weaken the market construction significantly Concrete resistance between the 1.2074/1.2125 region, April 29 high/Tenkan-Sen Traders anticipate to short at 1.2100 for profit...
EUR/GBP breaks 200 day 4HMA, jump till 0.7380 is possible
Apr 30, 2015 09:37 am UTC| Technicals
RES4: 0.74570 (76.4% retracement of 0.7590 and 0.7010) RES 3: 0.73758 (Mar 26th High) RES 2: 0.7315 RES 1: 0.7279 (61.8% retracement of 0.7378 and 0.7110) PRICE: 0.7243 @9:31 GMT SUP 1: 0.7240...
EUR/USD is trading above major trend line resistance 1.1070, jump till 1.1240 is possible
Apr 30, 2015 07:21 am UTC| Technicals
RES4: 1.1352 (161.8% retracement of 1.10345 and 1.05192) RES 3:1.12410 (38.2% retracement of 1.25686 and 1.04615) RES 2:1.1187 (Apr 29th High) RES 1: 1.11201 (61.8% retracement of 1.15327 and 1.04615) PRICE:...