
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...
USD/JPY supported while Nikkei hits 15-year high
Feb 20, 2015 06:26 am UTC| Technicals
Nikkei close 18,332.30, 15-year high, +67.51 pts on day, +0.37%. USD/JPY supported by gains from stock but mainly treads water, range 118.85-119.10. USD/JPY could move higher in continued stock market...

AUD/NZD close pivotal for yesterday's hammer
Feb 20, 2015 05:51 am UTC| Technicals
Cross is fraction softer in Asia - no component data - quiet to the weekend Opened +0.15% - bounce off 1.0299 leaves hammer reversal signals Bullish key day reversal on a close above 1.0367 Momentum...
NZD/USD looks to tentative signs of Japanese retail interest
Feb 20, 2015 05:04 am UTC| Technicals
NZD halted c0.20%up on session so far at 0.7532/34 Dull low volume trading due to lunar new year holidays Retail Japan reportedly return to antipodean pair is notable OIS at 50% chance RBA will cut...
AUD/USD trades extremely slow mid afternoon
Feb 20, 2015 04:44 am UTC| Technicals
AUD/USD stalls above 78 cents but no real force on the topside AUD/NZD flat but good recovery yesterday off its 1.0300 fresh all time low Talk of ratings damaged yesterday but moves mostly corrected...
Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand