
GBP/USD - Some consolidation is the likely scenario
Apr 02, 2015 07:44 am UTC| Technicals
Stop profit came close, 1.4869 high. Stop at 1.4875. 1.4871 was yesterdays top 10 DMA also resistance by there. Hrlies still show scope for further gains Yesterdays price action tested lower levels but closed...
USD/CAD Drop to 1.2578 spurred by US ADP jobs data miss & oil price surge
Apr 02, 2015 07:27 am UTC| Technicals
Close to half-yard 1.26 option expiry for NY cut is helping to anchor USD/CAD 1.2630 = rally high from 1.2578 (Wednesday low). 1.2588 = subsequent low WTI oil 49.65/barrel,0.9%lower on dayafter 5.2% rise Weds...

Apr 02, 2015 07:13 am UTC| Technicals
Failure to hold above kijun line suggests bearish bias possibility for a test of the March 30 119.11 low Tenkan kijun lines are becoming increasingly downticking Traders stay short at 120.20 for 119.20, with...
GBP/USD is struggling to break above 200 day HMA, decline till 1.4650 is expected
Apr 02, 2015 06:06 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: 1.4863 (200 day HMA) PRICE: 1.4840@ 07:12 GMT SUP 1: ...
USD/JPY facing resistance around 120.35, market eyes NFP data for further direction
Apr 02, 2015 05:44 am UTC| Technicals
RES 4: 122.01 (Mar 10th high) RES 3: 121.18( Mar 20th high) RES 2: 120.38 (Mar 31st high) RES 1: 119.91 (200 day 4HMA) PRICE: 120.16 @ 5:23 GMT SUP 1: 119.40 (Apr 1st low) SUP 2: 119.09 (61.8% retracement of 118.32...
USD/SGD pressured tad lower to 1.3614 in early European trades
Apr 02, 2015 05:33 am UTC| Technicals
Argument that stronger SGD will pave way for April easing does not make sense Pair would have fallen much more and faster if rumour is true Strong support at 1.3583 bollinger band...
USD/THB bounces off 32.41 high on short cover
Apr 02, 2015 05:25 am UTC| Technicals
Politics weigh - govts move to replace martial law with Article 44 underpins Markets also cautious ahead of US payrolls, long weekend in Thailand March consumer confidence index worsens, - 77.77 vs 79.1 -...