USD/JPY holds sub-122

Mar 10, 2015 06:20 am UTC| Technicals

Nikkei gapped up at open but dropped hard on profit-taking. From 18,924.38 to 18,577.06, close 18,665.11, down 125.44 pts or 0.67%. USD/JPY pulled down from fresh trend high of 122.04 to 122.70...

USD/IDR stable, BI to maintain firm FX rates

Mar 10, 2015 06:15 am UTC| Technicals

BI deputy governor to maintain stable exchange rate based on fundamentals FinMin said current IDR level no danger to state budget USD/IDR stuck at 13065-13070, traded tight 13050-13070 range so far NDFs...

USD/INR limited by profit-taking

Mar 10, 2015 05:47 am UTC| Technicals

USD/INR opens up at 62.80 but limited by profit-taking and exporters sales Risk aversion and broad rise in USD/majors halts falls Pair traded 62.75-62.83 range so far, last 62.71-62.74 NDFs last ind at...

EUR/USD extends trend, next stop at 1.0762

Mar 10, 2015 05:13 am UTC| Technicals

Pair under pressure in Asia on broad based USD strength Local equities/currencies lower with risk appetite AXJ stocks -0.6% 5, 10 20 daily weekly monthly mas move south First stop 1.0762 sep 2003 ...

USD/JPY off highs, fresh Nikkei weakness

Mar 10, 2015 05:01 am UTC| Technicals

USD/JPY down from 122.04 in early afternoon as Nikkei moves down. Profit-taking by longs seen, bids return in 121.70-80 window. Nikkei weighs on sentiment, moving lower, currently off 130 pts,...

AUD/USD looks for bounce ahead of European session

Mar 10, 2015 04:57 am UTC| Technicals

AUD/USD makes way back to 0.7650 from Asian session low of 0.7630 US Dollar in command all day with downside breakout in many pairs AUD/USD today pulled up just ahead trend low at 0.7627 (RBA cut 2...

AUD/NZD sees light change as USD dominates

Mar 10, 2015 04:34 am UTC| Technicals

Cross slightly higher in Asia - broad USD strength has dominated Close above 1.0479 38.2% 2015 fall would target 1.0600 61.8% Initial support/resistance in Asia is 1.0460/1.0522...