EUR/USD is facing resistance around 1.0850, market eyes German IFO data
Apr 24, 2015 06:20 am UTC| Technicals
RES 4:1.1035 (Apr 6th High) RES 3: 1.100 RES 2: 1.0935 (61.8% retracement of 1.105 and 1.0520) RES 1: 1.0847 (Apr 17th high) PRICE: 1.08022 @ 6:19 GMT SUP 1: 1.0753 (200 day HMA) SUP 2: 1.0640 (61.8%...
USD/SGD heavy on above f/c industrial output but support at 1.3400 intact
Apr 24, 2015 05:35 am UTC| Technicals
Industrial production above expectations at 1.2%m/m, -5.5%y/y Pair last 1.3408-13, traded 1.3400-36 range so far USD Durable goods data in focus...
AUD/USD bouncing around session lows in lacklustre end to Asian week
Apr 24, 2015 05:19 am UTC| Technicals
Iron ore up 6%, 15% since 6 April yet AUD/USD below 78 cents Bears rule in AUD especially offshore giving short shrift to Japan Inc buying RBA surely wants to see budget first and then take interest rate...
GBP/USD breaks major resistance 1.5050, jump till 1.5165 is possible
Apr 24, 2015 04:56 am UTC| Technicals
RES 4: 1.5350 RES 3:1.5268 (Jan 15th high) RES2: 1.5175 (61.8% 1.5525 and 1.4564)) RES 1: 1.5050 (Apr 17th high) PRICE: 1.5042@ 04:52 GMT SUP 1: 1.4950 (23.6% retracement of 1.4564 and 1.5080)...
USD/JPY is facing strong resistance around 200 day 4HMA, further bullishness only above that level
Apr 24, 2015 04:49 am UTC| Technicals
RES 4: 122.01 (Mar 10th high) RES3 :121.18 RES 2: 120.81 (Apr 13th high) RES 1: 120.03 (200 day 4HMA) PRICE: 119.51 @ 04:45 GMT SUP1 -119.30 (trend line support joining 115.85 and 118.32) SUP 2:...
USD/IDR trades tight range amid 12930-12950
Apr 24, 2015 04:30 am UTC| Technicals
BI continues to offer at 12950 early Corporate demand ahead of month end remains supportive Pair seen firm amid 12930-12950 range, NDFs above 13000 handle Pair last at 12938-43, NDFs 13010-13040; JKSE...

Apr 24, 2015 03:44 am UTC| Technicals
Bullish outside day yesterday leaves positive momentum studies Neutral 5, 10 20 dmas, 20 day Bollis contract, consolidation phase Support at 1.0763 and resistance falls at 1.0829 Euro group meeting will...