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

Apr 14, 2015 06:47 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: 0.7639 (200 day HMA) PRICE: 0.7580 @ 6:37GMT SUP 1: 0.7600 SUP 2: 0.7570 (Apr...

USD/JPY breaks below short term support 119.80,decline till 118.35 cannot be ruled out

Apr 14, 2015 06:07 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 (20 day HMA) PRICE: 119.74 @ 6:01 GMT SUP 1: 119.87(200 day HMA) SUP 2: 119.45 (61.8%...

EUR/JPY trading around 126.50 but stop lurks below

Apr 14, 2015 05:41 am UTC| Technicals

Cross on way towards 121.95 targeted by some in Tokyo? Modest reason to buy aside from short-covering - Grexit, lower EZ yields become visible Recent pattern for Europe to take EUR lower, Asia getting...

USD/THB pressured on yield plays but unlikely to crack 32.49-32.50 supports

Apr 14, 2015 05:09 am UTC| Technicals

Pair traded 32.515-32.53 range so far, last 32.53-32.55 Bullish US bias, strong tech support at 32.49 200dma should hold on test Thai markets remain closed for Songkran holidays, to reopen on...

EUR/USD hit session low at 1.0550, as the EUR remains heavy on the crosses

Apr 14, 2015 04:56 am UTC| Technicals

The failure to shift above 1.0600 earlier has encouraged fresh selling Support found at 1.0520 yesterdays ...

AUD/USD holding Fibonacci level of 38.2%

Apr 14, 2015 03:27 am UTC| Technicals

Pair capped at 0.7624 which is precisely the 38.2 of the 0.7739/0.7553 move A break above Fibonacci 38.2% retracement level 0.7625 targets the 0.7668 USD giving back some ground in Asia led lower by...

USD/CAD mixed signals suggest further consolidation

Apr 14, 2015 03:12 am UTC| Technicals

Neutral momentum studies, 5, 10 20 dmas conflict Price around midpoint of 1.2360/1.2835 range good since late January Initial support/resistance at 1.2563 and...

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