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EUR/USD pierces 76.4 Fib of 1.1534-1.0463, short covers persist

May 01, 2015 12:57 pm UTC| Technicals

EUR broadly bid, especially vs. GBP AUD, aids to keep EUR/USD aloft Short covering keep pair firm, 76.4 Fib of 1.1534-1.0463 pierced RSIs biased up spreads tighten, more fuel for bulls Talk of 1.13 barrier, stops...

EUR/JPY capped by 135.13 Fibo; rapid Bolli expansion hints at more gains

May 01, 2015 12:47 pm UTC| Technicals

EUR/JPY 135.125 high is at 38.2% of the Dec-Apr slide; triggers price pullback Breakout past 135.13 targets 200-DMA (137.40) 50% Fibo/weekly Kijun (137.93) Upper 21-d Bolli at 133.64 is attractive 1st pullback target if...

USD/MXN bid as US hike sentiment pushed up

May 01, 2015 12:28 pm UTC| Technicals

USD/MXN up 0.1%, bid as US hike sentiment pushed up Overnight flows reduced as Europe/LatAm observe May Day holiday US Markit Mfg PMI, ISM U/Mich will be in focus for further direction Resistance at 15.4075 Thurs high...

AUD/USD TECHS: AUD/USD is trading in narrow range due to Labor Day, good to sell on rallies

May 01, 2015 12:26 pm UTC| Technicals

RES 4 :0.8115 RES 3: 0.8074 (Apr 29th high) RES 2: 0.8000 (61.8% retracement of 0.8074 and 0.79028) RES 1: 0.7938 (Mar 24th high) PRICE: 0.78743 @ 12:26 GMT SUP 1: 0.7853 (55 day 4HEMA) SUP 2:...

EUR/USD could now see full retracement to 1.1534 peak

May 01, 2015 12:20 pm UTC| Technicals

EUR/USD 1.1285 session highs, just above 1.1280 76.4% of 1.1534/1.0457 100 DMA is resistance close to market at 1.1296. Close above key Pair could now see full retracement to 1.1534 peak from Feb 3 The 50% of the...

EUR/USD is trading well above ichimoku cloud, jump till 1.1530 is possible

May 01, 2015 10:39 am UTC| Technicals

RES4:1.15336 (Feb 3rd high) RES3: 1.1450 (Feb 19th high) RES2: 1.1352 (161.8% retracement of 1.10345 and 1.05192) RES 1:1.12477 (Apr 30th High) PRICE: 1.1252@ 10:38 GMT SUP 1: 1.1180 SUP2: 1.1177...

EUR/GBP session lows at 0.7302 provide support

May 01, 2015 07:57 am UTC| Technicals

Retracement of the 0.7379/0.7118 slide looking good for the long trade Close above 61.8% at 0.7279 eyes full retrace to the 0.7379 high fm Apr 3 The daily cloud top comes in by here as well just shy of 0.7385...

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