Spot USD/CAD still underpinned by cloud
Mar 25, 2015 08:53 am UTC| Technicals
Market still underpinned by Ichimoku, top comes in at 1.2415 Traders are seeking to get long at 1.2440 Tenkan kijun lines stay aligned positively, possibility for a revival A daily close under 1.2350...
USD/JPY trapped between bids & narrowing 5year yields
Mar 25, 2015 08:44 am UTC| Technicals
Pairs bids likely to be reset at119.50, Japans pension fund interest again tipped at 119.50 Market supported by the rising trend-line from Jan 16 at 119.28 Offers seen ahead of the 120.00 level; pivot...
EUR/USD likely to be capped by rate divergence
Mar 25, 2015 08:41 am UTC| Technicals
US/German 2 year bond spread stable above 80bp Likely to ease pressure on recent bias to trim EUR/USD shorts Since then, 15bp tightening has reduced EUR/USDs downside momentum Trend still very strong and ...
GBP/USD supported by relatively hawkish Shafik
Mar 25, 2015 08:32 am UTC| Technicals
BoE Shafiks hawkish comments, lifted cable helped off 1.4831 Asia low Shafik saysnext move for BOE rates still expected to be up Pairs offers seen at 1.49 (1.4896 was Tuesdays European am...
USD/JPY not able close above 120, decline till 118 is expected
Mar 25, 2015 07:56 am UTC| Technicals
RES 4: 121.50 RES 3: 121 RES 2: 120.68(200 day HMA) RES 1: 120.36 (Cloud top) PRICE: 119.70 @ 07:02 GMT SUP 1: 119.25 SUP 2: 118.69 SUP 3: 118 SUP 4: 116.86 COMMENTARY: USD/JPY is trading around 119.63...
Mar 25, 2015 06:56 am UTC| Technicals
Pullbacks still to holding above the 21 DMA, last at 1.0886, suggesting recent rally still has legs Traders going long for 1.1185. Series of day highs/lows from late-Feb/early-Mar seen The 61.8% fibo of the ...
AUD/USD is expected to take support around 0.7830, jump till 0.7975 is possible
Mar 25, 2015 06:54 am UTC| Technicals
RES 4: 0.8294 (Jan 15th High) RES 3: 0.8015 (61.8% retracement of 0.8294 and 0.75594) RES 2: 0.7975 RES 1: 0.7938 (Mar 25th High) PRICE: 0.78722 @6:19 GMT SUP 1: 0.7855 SUP 2: 0.7830 (Mar 24th Low) SUP...