USD/MXN rallies back from post-Fed lows, finds support near 10-HMA

Mar 19, 2015 12:12 pm UTC| Technicals

Source: Thomson Reuters USD/MXN strengthens, rises from Weds post-Fed lows by 15.00 to 15.20 area MXN weakness tempered by low global yields, Banxico caps at 15.6505 No local Mex data, US C/A jobless claims at...

USD/CAD seen within strike of 1.2650

Mar 19, 2015 11:07 am UTC| Technicals

USD/CAD pivots 1.2650 option expiry after violent 24 hours Wednesdays post-FOMC low at 1.2449 to follow pre-FOMC 5year high of 1.2835 High water-mark at 1.2675 since 1.2449. Pair seen in 1.2507-1.2622...

USD/JPY declined till 119.25 after Fed statement, good to buy at dips

Mar 19, 2015 11:05 am UTC| Technicals

RES 4: 124.13 RES 3: 123 RES 2: 122.20 RES 1: 121.20 (200 day HMA) PRICE: 121.15 @ 12:57 GMT SUP 1: 120.48 (23.6% retracement of 115.55 and 122.01) SUP 2: 119.90 SUP 3: 119 SUP 4:...

USD/CAD recovery expected

Mar 19, 2015 10:55 am UTC| Technicals

Spot obtained support ahead of the Ichimoku cloud on Wed Inability to close below 1.2535 - 23.6% retrace of 1.1565 to 1.2835 up-leg Traders are looking to go long at 1.2590 in expectation for gains to...

NZD/USD sees major resistance at 0.7500

Mar 19, 2015 10:42 am UTC| Technicals

Pair rose to 0.7547 overnight, retracement to 0.7387 in Europe Buying interest is fading, ample resistance in 0.75s to limit upside gains 0.7508 55 DMA, 0.7534 cloud top (also broken 50% fibo) , 0.7547 Wed...

EUR/GBP - Slow stochastic generates sell signal

Mar 19, 2015 09:20 am UTC| Technicals

Sell signal shown by negative cross on slow stochs by OB levels Offer seen at 0.7280, ahead of overnight 0.7289 high Once the pullbacks breaks below yesterdays 0.7171 low, look for downward move...

EUR/CHF shorts still active, 1.0518 next

Mar 19, 2015 09:14 am UTC| Technicals

Short trade endured the climb to 1.0700 in early Europe Now moving towards the 1.0518 low from Mar 13 Once prices close below this level, lower the stop to start booking profits Target at 1.0420 is by the...