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...
USD/JPY is consolidating in narrow range, good to sell on rallies
May 07, 2015 05:30 am UTC| Technicals
RES 4: 120.80 (13th Apr high) RES 3:120.50 (May 5th high) RES2: 119.81 (55 day H EMA) RES 1: 119.48 (200 day H EMA) PRICE: 119.51 @ 05:18 GMT SUP 1: 119.19 (May 6th low) SUP 2 118.48 (Previous...