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AUD/USD at new session lows, mid-April low in view

May 26, 2015 13:40 pm UTC| Technicals

AUD/USD at new session lows supported by firm USD US Treasury yield Pair pierced 61.8 Fib of 0.7534-0.8164, eyes cloud top 0.7700/10 support 76.4 Fib mid-April lows in 0.7673/83 on radar scopes, is decent support If...

EUR/USD recovery attempts capped by 21 HMA

May 26, 2015 13:33 pm UTC| Technicals

21 HMA at 1.0940 weighs on recovery attempts by EUR/USD The average has provided a rough cap on hourly charts since fall Friday Initial downside target is the base of the cloud at 1.0738 1.0885 was the Euopean AM low....

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...

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