EUR/GBP is influenced by M&A news, drop to 0.7278
Apr 08, 2015 10:02 am UTC| Technicals
Shell offers 50% premium to buy BGfor GBP 47bn Vivendi eyes bid for Sky-sources 0.7285 was Monday low and subsequent high in Asia at...

USD/JPY offering value but need to negotiate the FOMC minutes
Apr 08, 2015 09:40 am UTC| Technicals
Expects at 120.40-50 and further resistance at 119.70 level 200HMA @ 119.65, No surprises from the BOJ Nikkei trend high...
Apr 08, 2015 09:15 am UTC| Technicals
0.7698 was Good Friday high, after NFP miss 0.7628 = subsequent low (late NYTuesday) Ascent to 0.7711 spurred by unchanged RBA cash rate decision China plans to subsidise iron ore...

GBP/USD recovering but lift is expected to be short lived again
Apr 08, 2015 07:56 am UTC| Technicals
Mons high at 1.4981 is firm resistance with Tuesdays top at 1.4920 ahead Offer into the latter for a return to 1.4800, then 1.4740 The 200 HMA is an intraday pivot at...

EUR/USD trying to maintain a recovery from 1.0803 Tuesday’s low, risk to 1.0900-10
Apr 08, 2015 07:49 am UTC| Technicals
Offers touted 1.0870-80 area, stops above 1.0890 and 1.0910 200HMA at 1.0860 and 30HMA poised to cross below Hourly cloud twist above at 1.0950-53 but Stochastic looking toppy 21DMA at 1.0790 and daily ...
GBP/USD - Within strike of 1.49 after M&A news
Apr 08, 2015 07:39 am UTC| Technicals
GBP continues to benefit from MA news BGGroups shares soar more than 40% on Shell deal Another large 1.49 option expiry...
Apr 08, 2015 06:37 am UTC| Technicals
Off yesterdays 0.9672 tops but pullback slight. 0.9629 the low so far 0.9599 is the 100 DMA and support below Tuesday = 2nd day with higher lows and highs Suggests Fridays 0.9486 low was false break...