USD/JPY sees tiny dip on mixed Beige Book
Mar 04, 2015 19:34 pm UTC| Technicals
Source: Thomson Reuters USD/JPY sees tiny dip after mixed Beige Book report, Treasury yields edge lower Pair stuck below hourly Cloud top at 119.81; more offers at 120 USD-JPY 2-yr yield spreads near session low,...
N225 futures slip, threaten USD/JPY short-term correction
Mar 04, 2015 15:36 pm UTC| Technicals
N225 futures have slipped toward the Jan-Feb up TrendLine N225-USD/JPY correlation high, slip threatens USD/JPY short-term correction RSI overbought, Daily Kijun at 18,150 is more important pivot point Concern rises...
EUR/USD threatens 1.1100 bids, lift off from lows shallow
Mar 04, 2015 14:39 pm UTC| Technicals
EUR/USD pressure remains, lifts off low shallow Rally faders coming to market, pair threatens 1.1100 bids Stops sub-2015 low, may get run soon Spreads hold at wides RSIs bearish, add pressure, Sep 03 low coming into...
USD/JPY ADP gains quickly reversed
Mar 04, 2015 14:05 pm UTC| Technicals
HFT/algo rise on mediocre ADP results, but gains quickly reversed Tenkan at 119.28; 21-DMA, Cloud Top Kijun at 119.04,118.71/56 Tuess high close to key down TrendLine upper Bolli, implies reversion lower N225 futures...
GBP/USD under pressure after US ADP data, 55-DMA in focus
Mar 04, 2015 13:37 pm UTC| Technicals
GBP/USD under strain after US ADP data from resurgent bid for USDs Decline very slow despite break 21-DMA and into daily cloud Bids into 55-DMA 1.5310 stops below, GBP elevated on crosses, traders long pounds Current...
EUR/PLN surges after NBP's shock rate cut, 30-DMA caps
Mar 04, 2015 13:22 pm UTC| Technicals
EUR/PLN spikes 4.1670-4.1840 following NBPs shock 50bp rate cut 30-DMA at 4.1851 Feb 23 peak 4.1859 caps kneejerk reaction Longer term resistance is at 200-DMA by 4.1935, pullbacks likely to find support into 21-DMA at...
EUR/USD may see a small bounce
Mar 04, 2015 09:12 am UTC| Technicals
German services PMI disappoints at 54.7 vs 55.5 forecast Corporate demand expected to appear ahead 1.1100 Speculators may take some profits on EUR shorts Rallies likely to be weak but better levels...
Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%