Nikkei to new trend/15-year high into close, USD/JPY subdued

Mar 20, 2015 06:26 am UTC| Technicals

Nikkei moved up to 19,565.44 into the TSE close, close 19,560.22. Index rose 83.66 points, up 0.43% over yesterday, new pension buys cited. USD/JPY remained muted after push down from 120.85 to 120.61 then...

EUR/USD steadier into London but in a narrow range

Mar 20, 2015 06:22 am UTC| Technicals

Pair has been rising steadily after yesterdays volatility. 1.0613 broken, 1.0697 highs today On the whole consolidating although in a thin range. 1.0950 is todays low 1.06 zone includes 76.4% fibo of the...

USD/CNY edging closer to midpoint

Mar 20, 2015 05:58 am UTC| Technicals

Pair seen above early 6.1805 low, last 6.1879, still -0.13% on day It has broken 200-DMA at 6.1870 for 1st time since Dec 11, 2014 earlier Pair is down 1.2% since Mon close (sharp move for CNY) vs 0.7% DXY...

AUD/USD outperforming the rest

Mar 20, 2015 05:26 am UTC| Technicals

Pair is the best performer in Asia in a quiet end to the week AUDgetting support from AUD/NZD buyers ahead of 1.03 A break of 1.0280 levels will be signal to get out Some AUD/USDstops seen above...

NZD/USD – Robust local data ignored in FOMC frenzy

Mar 20, 2015 05:11 am UTC| Technicals

NZD seen around 0.7430 as Sydney marches into pre-week wind down Rate set c1.30% higher on week, +0.30% intraday FOMC eclipsed solid local data - current account, GDP, migration Intraday drop to 1.0298 ...

USD/MYR rose above 3.72; Feb CPI below forecast

Mar 20, 2015 04:21 am UTC| Technicals

USD/MYR broke above 3.72 level after weaker Feb CPI, 0.1%y/y vs forecast 0.2% Recent fall in prices along with fiscal deficit increases chance of rate cut Pair rose to 3.7250-70 last, NDFs...

AUD/NZD sees modest bearish setup

Mar 20, 2015 03:55 am UTC| Technicals

Doji in Asia - weaker USD leads to a quiet end to a frenzied week Momentum studies 5, 10 20 dmas move downwards, suggesting bearish setup Pair may consolidate on data due next week Initial support at...