EUR/USD upper hand gained by real money buyers
Feb 20, 2015 10:15 am UTC| Technicals
Second round of corporate buying loomed ahead 1.1300 EUR/USD Real money flows have made up for a speculative search for stops under 1.1320 1.1270, low since the 1.1534 peak posted after Syrzia election win...

Feb 20, 2015 09:56 am UTC| Technicals
220pts profit booked as prices make 0.9535 objective Pair now ahead of 76.4% of the Jan 15 range and last Decs lows at 0.9545/54 Resistance above is extremely thin Move towards parity is favored Bid...

EUR/JPY weighed by trendline, 133s emerge
Feb 20, 2015 09:38 am UTC| Technicals
Cross extends south. The kijun line is just below market at 133.90 and dropping The 50% fibo of the 130.16/136.70 move supports below at 133.43 Day trend indicators show continuous downside risk Looks to...
Feb 20, 2015 08:49 am UTC| Technicals
119.10-118.86 Asia range, real money sales to 118.60 early London Solid technical support and bids ahead of 118.00. 118.42 Thursday low 118.17 Kijun-sen, 118.10 is 61.8% of 116.64-120.48 post NFP...

EUR/GBP reaches new 7 year lows
Feb 20, 2015 08:48 am UTC| Technicals
Long-term bear trend strengthens after new 7 year lows hit at 0.7340 The 200 HMA, last at 0.7406, stalls recovery attempts on Thursday Short stop lowered to reduce risk on a break of 0.7348. Now at...

GBP/USD weighed by Fibo rejection on Wednesday
Feb 20, 2015 08:33 am UTC| Technicals
Wednesdays rally held at 1.5480, just 1 pip ahead the 1.5481 fibo 1.5481 = 23.6% of 1.7192/1.4952 decline from Jul 2014/Jan 2015 Prices have been sideways since, support above 1.5400 The 200 HMA is...

EUR/USD sees downside risk, 21 DMA pivotal
Feb 20, 2015 08:29 am UTC| Technicals
Pair eased back below the 200 HMA intraday 1.1450 rejected prices yesterday Further downside risk continues Shorts in play target 1.1270 EUR/USD needs to see a sustained move under the 21 DMA at...