USD/ZAR lower in line with broader position driven dollar decline
Apr 17, 2015 09:49 am UTC| Technicals
South Africas Eskom expands power cuts for 6th day UASA union to oppose job cuts, bearish breaks into daily cloud Cloud base at 11.8903, Apr 16 low at 11.9380 and Apr 10 low at 11.9300 Break opens Apr 6...

USD/CAD confirms recent losses
Apr 17, 2015 09:39 am UTC| Technicals
Large 2 day drop on Wed Thurs backed up by an increase in volume Market poised to break free of the Ichimoku Cloud Cloud currently spans the wide region of 1.2195-1.2604...

GBP/USD trend indicators reinforce a further squeeze
Apr 17, 2015 09:24 am UTC| Technicals
First time since March 3, 50% Fibonacci 1.5061and 55 DMA 1.5067 next bull targets 1.5061 = 50% of 1.5554/1.4567, the 55 DMA at 1.5067 next bull targets The cloud base at 1.5087 above. Close above kijun (1.4861)...
USD/JPY support broken at 118.80
Apr 17, 2015 07:57 am UTC| Technicals
118.73 has been hit so far Pivot point at118.68 is vulnerable 300M NY cut 118.65 expiries could draw Daily close needed below cloud base at 118.95 to...
GBP/USD breaks short term resistance 1.4930, jump till 1.5165 cannot be ruled out.
Apr 17, 2015 07:42 am UTC| Technicals
RES 4: 1.5231 (161.8% retracement of 1.5165 and 1.5465) RES 3:1.5165 (Mar 18th high) RES 2: 1.5000 RES 1: 1.4930 (Trend line resistance joining 1.4980 and 1.4970) PRICE: 1.4975@ 07:28...

USD/JPY so far failed to close below the daily cloud base at 118.95
Apr 17, 2015 07:34 am UTC| Technicals
Kijun line currently at 119.95, short possible at 119.88 Tenkan kijun lines negatively aligned, reinforcing the bearish structure General USD sentiment to matter, US yields-data-Fed...

EUR/USD bulls have the edge after yesterday's rise to 1.0818
Apr 17, 2015 06:33 am UTC| Technicals
Prices broke the 21 DMA and the kijun line yesterday but closed back below Key resistance at 1.0839 and 10 DMA provides support at 1.0722 Pair consolidates NYs 1.0818 rally 1.0755-86 during Asia...