EUR/USD is struggling to break 20 day HMA, decline till 1.0660 is possible
May 27, 2015 12:38 pm UTC| Technicals
RES 4: 1.100 RES 3: 1.0980 (cloud bottom) RES 2: 1.0930 (Cloud top) RES 1:1.0885 (7 day HMA) PRICE: 1.08556 @ 12:18 GMT SUP 1 :1.0850 SUP 2: 1.06580 (Apr 21st low) SUP 3: 1.05482 (Apr...
USD/MXN probes 2-week high near 15.36
May 27, 2015 12:37 pm UTC| Technicals
USD/MXN off overnight lows eyes recent high by 15.4300 Resistance 15.3540 daily pivot resistance, 15.43 high May 12, 55-DMA by 15.2812 supports USTs/oil move lower, RM offers tipped 15.32/35 area Banxico watching MXN,...
USD/JPY closing gap on small 124 barriers
May 27, 2015 12:31 pm UTC| Technicals
USD/JPY remains on track for objectives by 125, prices above down TrendLine from 09 by 122 Pair closing gap on small 124 barriers 124.14 peak from 07; stops above there 161.8% Fibo-projected highs off Mars low 14s low...
EUR/GBP recovers after making low of 0.7063, good to sell on rallies
May 27, 2015 11:09 am UTC| Technicals
RES2:0.72012 (61.8% retracement of 0.7285 and 0.7639) RES3 : 0.7150 (200 day HMA) RES 2: 0.7113 (Cloud bottom) RES 2: 0.7081 (55 day H EMA) PRICE: 0.7074 @ 10:58 GMT SUP1: 0.7060 (61.8% projection...
GBP/USD forms double bottom around 1.5350, jump till 1.5470 is possible
May 27, 2015 10:36 am UTC| Technicals
RES4: 1.5564 (200 day HMA) RES4: 1.5530 RES3:1.5487 (38.2% retracement of 1.5698 and 1.5350) RES2: 1. 5430 (55 day H EMA) PRICE: 1.5392@ 10:34 GMT SUP 2: 1.5390 (May 11th high) SUP3: 1.5350 (May 8th...
EUR/USD 55 DMA close, cloud top above
May 27, 2015 06:44 am UTC| Technicals
Regains the 21 HMA and tests close to the 55 DMA at 1.0931 Daily cloud top is at 1.0954, while below will continue to sell strength Close under 55 DMA/61.8% Fibonacci (1.0882) yesterday which are bearish...
USD/JPY is trading well above 122,jump till 124.13 is possible
May 27, 2015 05:56 am UTC| Technicals
RES 4:126.20 RES 3 : 125.79 (161.8% retracement of 121.83 and 115.55) RES2: 124.13 (2007 High) RES1:123.41 (138.2% retracement of 122.01 and 118.32) PRICE: 122.77 @ 05:46 GMT SUP1: 122.50 (Kijun-Sen) ...