
EUR/USD - Short remains in play and the risk remains with the bears
Apr 08, 2015 06:26 am UTC| Technicals
The lift from 1.0803 tests close to the 200 HMA intraday at 1.0859 Looking for a break under 1.0800 next. The 21 DMA is key at 1.0789 Below targets the low from March 31 at 1.0713 Then 1.0688 which is the...
GBP/USD is trading below 200 day HMA, decline till 1.4650 is expected
Apr 08, 2015 06:13 am UTC| Technicals
RES 4: 1.5061 (78.6% retracement of 1.5163 and 1.4687) RES 3:1.49937 (Mar 26th high) RES 2: 1.4920 (Mar 27th high) RES 1: 1.4850 (200 day HMA) PRICE: 1.4839@ 06:12 GMT SUP 1: ...
USD/JPY is sruggling to close above 120 level, decline till 118.30 is possible
Apr 08, 2015 06:02 am UTC| Technicals
RES 4: 122.01 (Mar 10th high) RES 3: 121.20 (Mar 20th high) RES 2: 120.50 (Apr 7th high) RES 1: 119.96 (Kijun-Sen) PRICE: 119.84 @ 5:58 GMT SUP 1: 119.60 (200 DAY HMA) SUP 2: 119.30 (Cloud bottom) SUP 3:...
USD/IDR pressured by NDFs selling from leveraged and real money
Apr 08, 2015 05:35 am UTC| Technicals
Early spike above 13000 fizzled at 13010 high, last 12975-12985 NDFs last 13085-13115, good selling interests at 13130 JPY bounce ahead of BOJ weigh on USD sentiment...
USD/SGD dragged lower by stop sales in USD/JPY below 120
Apr 08, 2015 05:30 am UTC| Technicals
Firmer EUR and AUD further weigh on USD/SGD Nearby stall at 1.3565 overnight low in NY Exp fresh buying fm models and funds ahead of MAS policy next week USD/SGD last 1.3570-74, traded 1.3570-1.3605...
AUD/USD tracks NZD/USD higher in Asia with market somewhat confused
Apr 08, 2015 05:08 am UTC| Technicals
Strong USD session yday (DXY+1.2%) saw no follow-through in Asia Exact opposite as moderate US Dollar profit taking kicks in Search for yield however remains strong for real money crowd NZ cash rates a...

AUD/NZD tight range consolidating yesterday's RBA inspired 1.1% gain
Apr 08, 2015 05:03 am UTC| Technicals
No tier on Asian data - low key session Momentum studies base - 5, 10 20 dmas head south - negative setup Major resistance 1.0215, 38.2% of Mar/Apr fall capped yesterday 1.0152 NY low then pre RBA ...