EUR/USD recovery seems capped given QE impact
Mar 12, 2015 09:16 am UTC| Technicals
ECB buys EUR 9.8 billion of assets during first 3 days of QE plan EUR/USD 1.0906-1.0494 in that period EUR 50.2 bln still to buy in March Massive headwinds for EUR even with speculators so short 10...
Mar 12, 2015 09:12 am UTC| Technicals
The long black candlestick line on Tues weighs heavily Scope is for losses to new 2015 lows sub 127.64 Traders short at 128.50 for objective of 126.30 in coming session Tenkan kijun lines aligned ...
Mar 12, 2015 08:59 am UTC| Technicals
Cablerisks doubtful offers at 1.5025 after USDlongs lightened 1.5025 = Mondays low. 1.4893 = Wednesdays 20month low EUR/USD gains exceed cable gains, as seen bycross rise to 0.7092 0.7092 = 1.41 in...
Mar 12, 2015 08:57 am UTC| Technicals
USD/JPY technical outlook stays bullish Stops clustered above the 122.04 area Weighed by latest dip below 121.31 pivot point in the short-term 5/10 year UST/JGB yield spreads correlation with spot...
Mar 12, 2015 08:54 am UTC| Technicals
EUR/USD breaks back above 1.0600 led by real money buying Recovery comes from new extreme (1.0494 in Asia) and in capped liquidity Traders: one-way positioned, adding panicked squeeze Recovery still risks...
USD/JPY is in Consolidation phase, waiting for new confirmation signals
Mar 12, 2015 07:11 am UTC| Technicals
RES 4: 128.33- 161.8% projection of 115.55 to 121.80 from 118.22 RES 3: 125.66 - 161.8% retracement of 121.80 and 115.55 RES 2: 124.13 - Jun 2007 High RES 1: 122.20 - Jan 2007 highPRICE: 121.30 @ 6:57GMT SUP 1:...
EUR/GBP off lows, sell into rebounds
Mar 12, 2015 06:44 am UTC| Technicals
Cross consolidates yesterdays drop to fresh 7-1/2 year lows at 0.7015 intraday Downtrend continues Offer lowered to 0.7100, ahead of Weds 0.7106 high Overall target is the long-term fibo at 0.6654 (76.4%...
Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%