EUR/USD sees support at 1.0600 levels

Mar 19, 2015 08:54 am UTC| Technicals

Intraday supports yield, pair targets 1.0600 handle 1.06 is 100 HMA, 76.4%fibo (1.0457/1.1062) and top of hourly cloud A break below could push it to 1.0457 12 year low from last week Current low at...

EUR/CHF falls as SNB keeps rates on hold

Mar 19, 2015 08:47 am UTC| Technicals

SNB leaves target rate for libor unchanged at -0.25% CHF still overvalued, should continue easing Pair falls to 1.0555 last from 1.0625 into the release Pair sees support at 1.0518, ...

GBP/USD retracement targets 1.4758 fibo next

Mar 19, 2015 08:40 am UTC| Technicals

Cable retraced 61.8%+ of the rally to 1.5155 from 1.4635 yesterday Possibility seen to the 76.4% fibo at 1.4758 100 HMA lends support ahead at 1.4789 As underlying trend stays with the bears, look to...

EUR/USD remains bearish

Mar 19, 2015 08:27 am UTC| Technicals

Pairs pullback off high extends past 1.0683, 61.8% 1.0457-1.1062 rally Although consolidation seems likely, trend stays with the bears Fall from highs will deepen bearish expectation 200-HMA 1.0647. Mar...

USD/JPY bulls regaining strength

Mar 19, 2015 08:22 am UTC| Technicals

Longs suffered post FOMC with slide to 119.29 in NY Expiry of 121.00 strike on Fri at the NY cut worth 3.6bn Drop led to a shake out of longs; enables healthy rebuilding by bulls Subsequent gains and...

USD/INR aiming for 62.00-20

Mar 19, 2015 06:54 am UTC| Technicals

Pair capped amid mixed interests around 62.40 pivot In line with fall in NDFs, post FOMC, pair opened lower at 62.38 Importers and short covering from interbank cap pair at 62.35 so far USD/INR outlook...

USD/JPY re-bounces, Nikkei closes modestly

Mar 19, 2015 06:25 am UTC| Technicals

Nikkei closes at 67.92 pts, 0.35% at 19,476.56. It is weighed by slightly lower USD/JPY but expected to resume uptrend with some longs having pared positions. Pairs fall to 119.29 forced out many...