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EUR/USD sets new trend lows on 'complexities'

Mar 05, 2015 14:27 pm UTC| Technicals

Source: Thomson Reuters EUR/USD quickly erased initial Draghi gains set new long-term trend low Pair now eyes 1.1000 eyed, barrier protection likely for 1.1000, good stops noted below Barrier protection near round...

AUD/USD range contains

Mar 05, 2015 09:31 am UTC| Technicals

Pair consolidates within 0.7795/0.7860 range Downside is supported by the 21 DMA at 0.7799 Short in play, adjusted stop to the top of the day at 0.7826 Channel from beginning Feb, 0.7680, 0.7826...

AUD/NZD looks for 1.04 resistance after short-covering

Mar 05, 2015 09:22 am UTC| Technicals

hort-covering made way for cent rise in AUD/NZD from 1.0284 multi-year low 1.0405 (Tues top, after unchanged RBA) resistance 1.0361 (Asia high) is now a support point 1.0478 was last weeks...

USD/CAD long for 1.2600

Mar 05, 2015 09:17 am UTC| Technicals

Traders are long at 1.2415 with expectation a move through 1.2600 Layers of support have formed between 1.2353/1.2388; Feb 3/26 lows A daily close below 1.2286 will suspend 1.2286 - 23.6% retrace of ...

EUR/GBP sees scope beyond 0.7235

Mar 05, 2015 09:06 am UTC| Technicals

The bear trend will run further Overall scope to 0.6654 fibo retrace Lowered the offer with the downticking 10 DMA, at 0.7295 today Lower recovery highs seen (0.7301 Mon, 0.7289 Tues, 0.7280...

USD/CHF spot guided higher by 21 DMA Bollinger

Mar 05, 2015 08:59 am UTC| Technicals

The 21 DMA upper Bollinger guides price higher, today at 0.9708 Slight spike above yesterday but closed back under the line Bid again in Europe. Highs at 0.9685 are resistance 1.0080 is long target, ahead...

GBP/USD targets 61.8% retrace/cloud base

Mar 05, 2015 08:56 am UTC| Technicals

Cleared 1.5253 fibo (50% of 1.4952 - 1.5554) and the 40 DMA at 1.5249 Low was 1.5225 before bounce Scope to 61.8% retrace at 1.5182 below Close by Ichimoku cloud base at 1.5187 Upticks as selling ...

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