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GBP/USD elicits support at 1.5053, MPC in focus

Apr 22, 2015 12:13 pm UTC| Technicals

Cable 1.5053 flips to support after retreating from 1.5075 (5wk high) 1.5053 was last Fridays high (1.4857 = subsequent low) MPC view about pipeline UK CPI fuels rise to 1.5075 1.51, 1.5155 1.5195 (100 DMA) resistance...

EUR/USD is in consolidation phase, stand aside

Apr 22, 2015 11:59 am UTC| Technicals

RES 4: 1.100 RES 3: 1.0935 (61.8% retracement of 1.105 and 1.0520) RES 2: 1.0847 (Apr 17th high) RES 1: 1.0775 (61.8% retracement of 1.0847 and 1.0658) PRICE: 1.0750 @ 11:55 GMT SUP 1: 1.0745 (20 day...

NZD/USD eyes 0.7740 (last Friday's 3mth low) after further short-covering

Apr 22, 2015 10:15 am UTC| Technicals

Resistance levels at 0.7740, 0.7782 (Jan 20 high) 0.78 RBNZ McDermott dueto speak about inflation Thursday (12.30 local time) RBNZ meets next week (Apr 30), expected to keep OCR at 3.5% FOMC also meets...

AUD/USD is trading above 0.7800 due to higher than expected CPI, good to buy at dips

Apr 22, 2015 09:30 am UTC| Technicals

RES 4 :0.7938 (Mar 24th high) RES 3: 0.78880 RES 2: 0.7840 (Apr 17th high) RES 1: 0.7798 (61.8% retracement of 0.7840 and 0.7680) PRICE: 0.7805 @ 9:25 GMT SUP 1: 0.7770 SUP 2: 0.7735 (20 day...

GBP/USD negative cross also generated a sell signal

Apr 22, 2015 06:55 am UTC| Technicals

Dip under kijun short lived, positive close on the day concerns short trade However day slow stochastic have rolled over fm OB suggest rally has peaked Short target at both boundaries of recent action at ...

GBP/USD is in consolidating phase, market eyes BOE minutes meeting

Apr 22, 2015 06:34 am UTC| Technicals

RES 4:1.5165 (Mar 18th high) RES3: 1.5050 (Apr 17th high) RES 2: 1.5000 RES 1: 1.4966 (Cloud bottom) PRICE: 1.4934@ 06:31 GMT SUP 1: 1.4864 (38.2% retracement of 1.4564 and 1.5052) SUP 2:...

EUR/USD Looks like the bulls are putting up a fight, 1.0750 long remains in play

Apr 22, 2015 06:19 am UTC| Technicals

Long legged doji on the candles represents uncertainty in the market Consider exiting early ahead of the 1.1030 target Resistance at 1.0849 which was the high from last...

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