AUD/USD is trading well below cloud, good to sell on rallies
May 20, 2015 09:33 am UTC| Technicals
RES 4: 0.8062 (Support turned into resistance) RES 3: 0.7985 (200 day HMA) RES2: 0.7940 (Kijun-Sen) RES 1: 0.7915 (20 day HMA) PRICE: 0.7894 @ 09:06 GMT SUP 1:0.7860 (May 8th low) SUP 2...
EUR/USD breaks 38.2%, eyes next retracement
May 20, 2015 06:55 am UTC| Technicals
Through the 1.1106 38.2%Fibonacci of the 1.0521/1.1468 rise The 50% is at 1.0994 and is by the daily cloud base at 1.10996 Attempts to lift capped by the 21 DMA, now at 1.1150, 1.1153 the...

GBP/USD daily close under the 200 DMA signals further corrective action
May 20, 2015 06:12 am UTC| Technicals
Spot stalled by 50% of 1.5088/1.5815 at 1.5452 yesterday, closed above The 10/200 DMAs are about to converge at 1.5589/90, offer at 1.5595 Break below that 50% would open up 61.8% retracement of rally at...
USD/JPY breaks short term resistance 120.80, jump till 122 cannot be ruled out
May 20, 2015 05:46 am UTC| Technicals
RES4: 124.13 (2007 High) RES3:123.41 (138.2% retracement of 122.01 and 118.32) RES2: 122.05 (Mar 3rd high) RES1 121.49 (161.8% retracement of 120.49 and 118.87) PRICE: 120.90 @ 05:43 GMT SUP1: 120.50...
EUR/AUD suggests mix signals and consolidation
May 20, 2015 03:19 am UTC| Technicals
Dip turned technical signals from positive to neutral 5, 10 20 dmas conflict, 20 day Bollingers contract - suggests consolidation Initial resistance is seen at 1.4100 and support at 1.3909...
USD/JPY eyes on 121.00 breaks, stops above now seen larger than initially expected
May 20, 2015 03:07 am UTC| Technicals
Pair down from 120.98 Tokyo fixes high, 121.00 option KO defence talk 120.79 extent of retracement so far however, pair still buoyant. Next resistance levels are seen at 121.20, 121.50 and...
USD/IDR supported by state banks statement
May 20, 2015 02:59 am UTC| Technicals
Pair traded 13165-13180 range but state banks once again cited on top Dips remain limited, as higher DXY, strong US housing data supports Pair last at 13165-13170, NDFs 13260-290; JKSE...