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EUR/JPY lifts in favor of long trade

Feb 19, 2015 09:36 am UTC| Technicals

Long look to complete the 38.2% of the Dec-Jan slide at 137.65 This is close by the Jan 20 137.64 high Intraday prices steady to session highs just ahead 136.00 136.22 was Weds high and a retest here...

USD/JPY holds above cloud

Feb 19, 2015 09:11 am UTC| Technicals

118.42 lows pressured in Asia and possible retest here intraday Above Ichimoku cloud top at 118.28 Moved above the cloud Tuesday Rebound came from the 618% fibo of the Feb range at 118.10 Above here...

GBP/USD slows pace to 1.5600

Feb 19, 2015 09:07 am UTC| Technicals

Strong demand side fades as market loses momentum Pair favors a 1.5600 test but slower on Thursday 1.5480 Wed high, 1.5600 100DMA and 1.5621 Dec 31 high Support = 10DMA at 1.5333 and Tues low at...

EUR/USD slightly better bid but market wary

Feb 19, 2015 08:42 am UTC| Technicals

Pair finds potential for a return to the 1.1450 Wed highs but slow going Market still short, caps near term losses, support seen at 1.1390-00 Could rise to the mid-1.15s Market cautious over Greece but...

EUR/GBP better levels to sell above 0.7400

Feb 19, 2015 08:29 am UTC| Technicals

Long-term bear trend strengthens after new 7 year low at 0.7348 was made on Wed Correction off closing in on 0.7400 intraday Stay with the sell strategy, offer at the 200 HMA by 0.7410 Downside targets...

EUR/SEK sees tight market with upside scope

Feb 19, 2015 08:23 am UTC| Technicals

Pairs offers to Wed 9.5760 highs but bids moves in, 9.5150-5250 200HMA supports at 9.5170 and minor resistance is at 9.5560 Currency intervention remains a tool in the central banks arsenal,...

GBP/USD rally stalled at key fibo

Feb 19, 2015 08:16 am UTC| Technicals

Weds rally halted at 1.5480, just 1 pip ahead of the 1.5481 23.6% fibo 1.5481 = 23.6% of the 1.7192/1.4952 decline from Jul 2014/Jan 2015 Below this fibo stay with the short trade Trend indicators close...

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