NZD /USD is facing strong resistance around 0.7740, good to buy at declines.
Apr 29, 2015 10:18 am UTC| Technicals
RES4: 0.7855 RES3:0.7837 (76.4% retracement of 0.80335 and 0.7175) RES2: 0.7800 RES 1: 0.7740 (Apr 22nd high) PRICE:0.7670 @10:15 GMT SUP 1: 0.7649 (200 day HMA) SUP 2: 0.7580 (Cloud bottom) SUP 3:0.7540 (Apr 24th...
USD/TRY trading in tight range ahead today's US GDP and Fed statement
Apr 29, 2015 10:09 am UTC| Technicals
Massive 2.6500 expires adds to static trade Another USD 750mln expiries at same level May 1 Pivotal at 2.6527, 21 DMA and below that 2.5555 (April low) level eyed Correction of positioning imbalance...
NZD/USD relatively dovish steers expected from both central banks
Apr 29, 2015 09:37 am UTC| Technicals
FOMCRBNZstatements in pipeline, at 1800GMT 2100GMTrespectively 0.7740 break risk will increase if Fed overly dovish/RBNZ relatively hawkish Dovish RBNZ McDermott commentsdeflated NZD/USD to 0.7537 last...
EUR/USD likely to break resistance as FOMC delayed Interest rate hike
Apr 29, 2015 09:19 am UTC| Technicals
German state CPIs rise on YY basis Greece to present draft reforms to lenders SNB action eyed as key EUR prop. BOK also eyed as likely EUR...
EUR/USD break above 1.1062 targets cloud top near 1.1160 initially
Apr 29, 2015 06:58 am UTC| Technicals
1.04-1.11 range may be a good mid-term target Many will target continuation trend and new lows under 1.0457 38.2% Dec/Mar fall at 1.1264 Key resistance at 1.1292, 23.6% Fibonacci retracement Next target...
GBP/USD is trading well above 1.5300, jump till 1.550 is possible
Apr 29, 2015 06:06 am UTC| Technicals
RES4:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES3: 1.55512 (Feb 26th high) RES2:1.54399 (88.6% retracement of 1.5512 and 1.4564) RES 1: 1.5350 PRICE: 1.5343@ 06:05 GMT SUP 1: 1.5320 (20...
USD/JPY is trading in narrow range, market eyes US GDP and FOMC meeting
Apr 29, 2015 05:22 am UTC| Technicals
RES3 :120.08 (Apr 22nd high) RES 3: 119.80 (200 day 4HMA) RES 2: 119.45 (Kijun-Sen) RES 1: 119.05 (20 day 4HMA) PRICE: 118.83 @ 05:20 GMT SUP 1: 118.50 (Apr 20th low) SUP 2: 118.16 (61.8%...