EUR/CHF weighed by downticking 21 DMA

Mar 20, 2015 08:55 am UTC| Technicals

Pair still under pressure nearing yesterdays 1.0530 lows Yesterdays fall halted ahead of the pullback low from Mar 13 at 1.0518 Offer lowered in sync with downticking 21 DMA at 1.0676 Breach of 1.0500...

USD/JPY - Large 121.00 strike likely to attract

Mar 20, 2015 08:36 am UTC| Technicals

3.7B worth of 121.00 NY cut expiries expected to attract in early NY trading Mix of offers stops seen above 121.00; bids seen at 120.50 while offers are in size at 121.25 Hourly hammer seen late Wed continuing...

EUR/USD sees little interest inside 1.06-1.07

Mar 20, 2015 08:26 am UTC| Technicals

No real EUR/USD interest seen in 1.06-1.07 range, very little will to be long of euros Top-picking seen at 1.0700 level, the more expected speculator strategy Real money offers said 1.0740-50. Trader stops...

GBP/USD - 38.2% fibo helps to cap

Mar 20, 2015 08:17 am UTC| Technicals

Pair met headwind pre-1.4779 in Asia after moving up from 1.4689 1.4779 is 38.2% of 1.4925 (Thursdays London am high) to 1.4689 Fall to 1.4689 triggered by dovish steer from BoEs Haldane Wednesdays...

USD/CHF - 200 HMA suspected cap by 1.0000

Mar 20, 2015 07:02 am UTC| Technicals

Pair moving downward again intraday after the 200/100 HMA weighed on Wed Rally attempts to be capped by 200 HMA at 1.0010. Offer ahead at 1.0000 0.9630 low is near to 100 DMA by 0.9600 Daily oscillators...

USD/INR off early highs

Mar 20, 2015 06:54 am UTC| Technicals

Pair seen off highs on fresh selling interests; supported by profit taking in stocks USD/INR moving slowly lower on selling interests on rallies Positive economic outlook, FII inflows, yield plays...

GBP/USD closes below 10 DMA

Mar 20, 2015 06:35 am UTC| Technicals

Pair rose from Thurs 1.4689 low but close below 10 DMA keeps bearish setup intact 100 HMA/200 HMA at 1.4793/1.4866 resistance ahead of 10 DMA at 1.4882 Sees scope for a return to Weds almost 5 year low at...