EUR/USD slide continues, claims data pushes further
May 07, 2015 12:56 pm UTC| Technicals
EUR/USD was slipping due to DE yields drop from high, US claims pushes further Model accounts still covering shorts Daily RSI diverged yield spreads widen, more losses might be due 1.1265/70 support cleared, next...
USD/MXN pares early gains as US yields move lower
May 07, 2015 12:39 pm UTC| Technicals
USD/MXN edges lower from 15.44 to 15.35, US 10-yr yields move lower in early NY weighs USD/MXN support at 55-DMA 15.3674, 15.3243 daily pivot, 15.2450 Wed low Resistance at 15.44 todays high, 15.4840 May 5 high, Banxico...
EUR/GBP eyes 100DMA at 0.7426 after half-penny fall
May 07, 2015 12:09 pm UTC| Technicals
EUR/GBP eyes 0.7426 (100DMA) after half-penny fall from 0.7482 0.7482 was 3mth peak during European am, 0.7449 was Wednesday high Wednesday close above 100DMA spurred bullish cross...
EUR/USD retreats from higher levels, good to buy at dips
May 07, 2015 11:56 am UTC| Technicals
RES4:1.11532 (Feb 3rd high) RES3: 1.1427 (161.8% retracement of 1.12889 and 1.1065) RES2: 1.1400 RES 1: 1.13689 (May 6th high) PRICE: 1.1305@ 11:54 GMT SUP 1: 1.1290 (Resistance turned into support) ...
EUR/GBP pares it gains in European session, good to buy at dips
May 07, 2015 11:42 am UTC| Technicals
RES 3: 0.7590 (Feb 3rd high) RES 2: 0.75380 (50% retracement of 0.8045 and 0.7010) RES 2: 0.7510 RES1 :0.7480 (Todays high) PRICE: 0.74425 @11:30 GMT SUP 1: 0.7426 (100 day MA) SUP2: 0.7380...
USD/JPY counting on the Ichimoku cloud to keep it on upside
May 07, 2015 06:26 am UTC| Technicals
Recent bear trap below the cloud continues to pressure bears A daily close back above the kijun line at 119.67 will pick up the pace Near term target is seen around 120.50...
GBP/USD is trading highly volatile, weakness only below 1.5140
May 07, 2015 05:45 am UTC| Technicals
RES4:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES3: 1.55512 (Feb 26th high) RES2:1.5340 (61.8% retracement of 1.5497 and 1.5080) RES1: 1.5240 (200 day HMA) PRICE: 1.5247@ 05:30 GMT SUP...