GBP/USD supported by the 100 HMA at 1.5321 on the hourly charts
May 01, 2015 07:34 am UTC| Technicals
Prices did not match Wednesdays high and also closed negatively yesterday Couple with OB day trend indicators could be start of corrective pullback Todays close will be key, below 1.5353 will reinforce...

GBP/USD sees scope to 1.5275-80 today
May 01, 2015 06:57 am UTC| Technicals
Decent backtrack Thursday, near 200 pips drop from 1.5498 trend high May day market will cloud true intentions but further correction is likely Shallow bull bias late Asia and small offers touted...

USD/ZAR looking to buy into a deeper pullback
May 01, 2015 06:20 am UTC| Technicals
Hourly cloud top just containing, 11.9110, 100HMA behind at 11.9460 Looking to buy into a deeper pullback, 55HMA at 11.8460 trigger Late Thursday gains to 11.9775 then back to 11.8900 before...
GBP/USD takes support near Kijun-sen, good to buy at declines
May 01, 2015 06:07 am UTC| Technicals
RES4:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES3: 1.55512 (Feb 26th high) RES2:1.54399 (88.6% retracement of 1.5512 and 1.4564) RES1: 1.5397 (Tenken sen) PRICE: 1.535@ 05:53 GMT SUP 1:...
AUD/USD down smalls to 0.7895 last on position adjusted ahead of RBA
May 01, 2015 06:05 am UTC| Technicals
RBA rate cut coming Tuesday looms large - EUR/AUD flow also big impact Paring of overcrowded long bund/long DAX/short EUR trade weighs on AUD EUR/AUD up 2.1% yesterday as carry trades dumped en...

AUD/NZD awaits RBA meeting on May 5
May 01, 2015 05:50 am UTC| Technicals
Watchful NZ Fin min confident Aus Fin Momentum studies conflict, 5, 10 20 dmas head north Positive setup, but swaps now price an RBA cut at 62% from 57% yesterday Support/resistance is seen at...
USD/JPY takes support around 118.50, jump till 120.80 is possible
May 01, 2015 05:23 am UTC| Technicals
RES3 :122.01 (Mar 10th high) RES 3: 121.18 (Mar 20th high) RES 2: 120.80 (13th Apr high) RES 1: 120.08 (Apr 22nd high) PRICE: 119.66 @ 05:06 GMT SUP1: 119.10 (20 day 4HMA) SUP 2: 118.50 (Apr 20th...