Fx Charts

Increasing risk-off trade seems to ignore the pound so far, bouncing off 3-week lows in the 1.6050 region. C.Harmer, analyst at Charmer Charts, comments “Cable has double based short-term at 1.6055…if we can hold this double base we are looking at …

“The Aussie has further to go down in the near term but I would be surprised if it went below the April lows around $1.0225,” said Ian Stannard, Head of European FX Strategy at Morgan … Market players said dollar/yen charts looked bearish …

“The Aussie has further to go down in the near term but I would be surprised if it went below the April lows around $1.0225,” said Ian Stannard, Head of European FX Strategy at Morgan … Market players said dollar/yen charts looked bearish …

“The Aussie has further to go down in the near term but I would be surprised if it went below the April lows around $1.0225,” said Ian Stannard, Head of European FX Strategy at Morgan … Market players said dollar/yen charts looked bearish …

Technically speaking, Valeria Bednarik, Chief Analyst at Fxstreet.com, notes: “hourly chart shows indicators turning slightly higher although price remains below 20 SMA. In the 4 hours chart indicators turned flat in positive territory, while 20 SMA …

We can set entry orders for a breakout or trade the range. Since this initial triangle break discussed in April 6ths Chart Of The Day, we have been looking for a the EURGBP to move towards printing a lower lows. Lower lows would confirm our …

EUR/GBP off its lows but only after losing 30+ pips to 0.8353. Still looking at a tentative bull bias on the daily charts but failure to take out the 0.8400 level soon will place the emphasis back on the downside.”

Losses have extended through 0.9023 lows and eye the 0.9000 mark. The low thus far is 0.9012 on our charts and orders at 0.9020 have been worked through. There are reported Swiss and European bids ahead of the 0.9000 barriers and large sell stops toute…

Below, support is seen initial from around 82.85, retracement lows in late New and early Asian trading. More support is eyed ahead of 82.60, another level on the hourly chart.

EURUSD (see above chart) traded down fromhighs on Friday of 1.3305 to recent lows of 1.3187. TheCanadian dollar has continued to strengthen against the USD on speculation thataccelerating global growth will boost the nation’s exports …