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GBP/USD sees touted offers at 1.51

Mar 11, 2015 08:40 am UTC| Technicals

Fresh cable offers at 1.51 (1.5101 =treble hourly high Tuesday) US name motivateselling at 1.51 earlier this week, 1.53 stop, 1.47 target 1.5270 was Mar 5 high (day before upbeat NFP). 1.4952 = 18month low...

EUR/USD shorts likely to pivot on 100-HMA

Mar 11, 2015 08:39 am UTC| Technicals

EUR/USD sell-off seen ahead of short-term technical Influential 100-HMA at 1.0866 200-HMA 1.1016 Range of 1.0820-50 may pivot for many euro shorts Mar 6/9 lows 1.0839/22. Mar 10 peak 1.0855 100-HMA...

USD/JPY remains bid

Mar 11, 2015 08:37 am UTC| Technicals

Pairs technical outlook remains on upside Short-term bulls require resumption of trading above 121.37 pivot point Japanese names bought EUR/JPY in Asia, pushing spot above 121.00 5year UST/JGB spread...

EUR/GBP encounters limited recoveries

Mar 11, 2015 06:54 am UTC| Technicals

The downtrend picks up Cross breaks Dec 2007 0.7089 low to test 0.70815 last Attempt at a correction intraday and the offer has been lowered to 0.7170 Tuesdays high was 0.7179 No sign of bounce Trend to run...

EUR/USD reaches new low

Mar 11, 2015 06:35 am UTC| Technicals

Pairs support levels severely thin on the charts. 1.06655 low Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic Prices closed last month under the 61.8% of this move at 1.1212 Short...

USD/IDR hits 13240 high

Mar 11, 2015 06:20 am UTC| Technicals

USD/IDR jumps to 13240 on extended sell-off in bonds and stocks BI reportedly limits, last ind at 13210-13220 NDFs continues higher on good buying from leveraged community Bond yields rose 10-15 bps ...

USD/JPY off from high as Nikkei eases into TSE close

Mar 11, 2015 06:19 am UTC| Technicals

Nikkei closes day 18,723.52, +0.31%, high 18,836.93 despite fall in Wall St. USD/JPY off its 121.50 high, remains around 121.30. Nikkei-USD/JPY correlation strong today. Resistance at 121.50, USD410 ...

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