USD/CAD strong resistance around 1.2400
May 26, 2015 13:22 pm UTC| Technicals
Strong resistance around 1.2400, 21-DMA Bband at 1.2401 +2.0 200-HMA Bband 1.2402. 75-Daily M/A at 1.2398 Daily Ichi cloud base 1.2420. +3.0 21-HMA Bband 1.2400 55 100 DMAs down at 1.2355 67 should add support, if...
GBP/USD hits 18-day low after US durable goods ex-transport beat
May 26, 2015 13:19 pm UTC| Technicals
Cable deflated by greater Fed expectations Hits 18-day low by 1.5360 after US durable goods ex-transport beat Recent hawkish shift in Fed hike expectations = key source of support for USD Ensuing recovery rally topped...
AUD/USD breaks major support 0.7780, decline till 0.7680 is possible
May 26, 2015 12:26 pm UTC| Technicals
RES 4: 0.7985 (200 day HMA) RES 3: 0.7935 (cloud bottom) RES 2: 0.7915 (trend line resistance) RES 1:0.7850 (Support turned into resistance) PRICE: 0.77894 @ 12:15 GMT SUP 1 :0.7785 (May 5th...
EUR/GBP recovers after making low of 0.7063, good to sell on rallies
May 26, 2015 11:53 am UTC| Technicals
RES2:0.72012 (61.8% retracement of 0.7285 and 0.7639) RES3 : 0.7168 (200 day HMA) RES 2: 0.7119 (Cloud bottom) RES 2: 0.7095 (55 day H EMA) PRICE: 0.7090 @11:51 GMT SUP1: 0.7060 (61.8% projection...
GBP/USD breaks short term support 1.5440, decline till 1.5350 is possible
May 26, 2015 06:15 am UTC| Technicals
RES4: 1.5630 (Support turned into resistance) RES4: 1.5580(13 and 1.5441) RES3:1.5525 (Cloud top) RES2: 1. 5460 (20 day HMA) PRICE: 1.56391@ 06:14 GMT SUP1: 1.5441 (May 19th low) SUP 2: 1.5390 (May...
USD/JPY IS TRADING ABOVE 121.80,JUMP TILL 123.40 IS POSSIBLE
May 26, 2015 05:30 am UTC| Technicals
RES 4 : 125.79 (161.8% retracement of 121.83 and 115.55) RES3: 124.13 (2007 High) RES2:123.41 (138.2% retracement of 122.01 and 118.32) RES1: 122.05 (Mar 3rd high) PRICE: 121.84 @ 05:17 GMT SUP1:...
USD/THB firm ahead of trade data
May 26, 2015 03:12 am UTC| Technicals
USD/THB officially closes on Monday on its intraday high at 33.60 THBdeclined yesterday on p/t after being Asias best performing ccy last week Support seen at yesterdays 33.47 low and then 33.38 (20-dma...