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GBP/USD supported ahead of the 100 HMA at 1.4691

Apr 15, 2015 09:29 am UTC| Technicals

Support at 1.4650 and resistance falls at 1.4860 Another failure ahead of the 200 HMA sees an early profit take Underlying trend stays with a weakening GBP, ultimately to...

GBP/USD - UK earnings & jobs data 0830GMT

Apr 15, 2015 07:41 am UTC| Technicals

Better than expected data could drive cable test of mooted offers at 1.48 Resistance at1.4830(21DMA) and support levels at 1.4740, 1.47 Large 1.47 option expiry today. Size of strike estimated at GBP...

AUD/USD is struggling to break 200 day HMA, decline till 0.7530 cannot be ruled out

Apr 15, 2015 07:14 am UTC| Technicals

RES 4: 0.7785 (61.8% retracement of 0.7937 and 0.75322) RES 3: 0.7738 (Apr 9th high) RES 2: 0.7695 RES 1: 0.7642 (200 day HMA) PRICE: 0.7589 @ 7:12 GMT SUP 1: 0.7570 (Apr 6th low) SUP 2:...

EUR/USD bounce had much to do with stretched short positioning

Apr 15, 2015 06:35 am UTC| Technicals

IMF outlook likely to provide only brief pause for EUR/USD downtrend Near 2% reverse will have cleansed weak shorts, strengthens trend ECB today, could see pressure on EUR, especially at larger EU...

GBP/USD takes support around 1.46025, bullishness can be seen only above 1.4980

Apr 15, 2015 06:04 am UTC| Technicals

RES 4: 1.5000 RES 3:1.4936 (61.8% retracement of 1.5165 and 1.4564) RES 2: 1.4880 RES 1: 1.4825 (61.8% retracement of 1.4975 and 1.4565) PRICE: 1.4745@ 06:02 GMT SUP 1: 1.4716...

AUD/NZD falls as AUD outpaced NZD lower on soft China data

Apr 15, 2015 05:35 am UTC| Technicals

Weaker AUD consumer confidence data a minor AUD negative Momentum studies crest, 5, 10 20 dmas head lower - bearish setup Pivotal resistance 1.0200/15 based on 38.2% of Mar/Apr fall 20 dma Initial...

USD/JPY breaks below 200 day HMA, decline till 118.35 cannot be ruled out

Apr 15, 2015 05:33 am UTC| Technicals

RES 4: 122 (Mar 10th high) RES 3: 121.18 (20th Mar high) RES 2: 120.82 (Apr 14th high) RES 1: 120.10 (Cloud top) PRICE: 119.66 @ 05:30 GMT SUP 1: 119.87(200 day HMA) SUP 2: 119.45 (61.8%...

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