USD/CHF breaks pivotal resistance region
Mar 02, 2015 07:44 am UTC| Technicals
Tight 0.9565 long stop came very close overnight, somewhat easier now intraday 0.9545-54 region broke, sustained breakout will change bias Close above 0.9565 a reversal buy with 1.00 target Rising 10 DMA...
USD/JPY bid raised as bias stays on upside
Mar 02, 2015 07:42 am UTC| Technicals
Pairs scope is on the upside for gains to 120.00 and beyond Market trades further above the daily cloud between 117.75-118.66 range Traders look to get long at 119.35 ahead of the tenkan line Tenkan line...
GBP/USD sees hurdle at Ichimoku top
Mar 02, 2015 07:39 am UTC| Technicals
The Ichimoku cloud top sticking point for the bears Requires a move back in cloud to increase confidence in bears Day trend indicators are moving south Remain with sell strategy while below the...
EUR/USD sees monthly close below fibo reinforcing bear bias
Mar 02, 2015 07:23 am UTC| Technicals
Pair new lows in Asia at 1.1160 Scope seen to 11 year low from Jan 26 at 1.1098 Intraday correcting oversold levels, use upticks as opportunities to get short Close below long-term 61.8%(1.1212) of...
USD/PHP dribbles lower on inflows, stock gains
Mar 02, 2015 07:19 am UTC| Technicals
USD/PHP opens bid but mixed trades seen Portfolio inflows, stocks profits restrict early spike Pair traded 44.11-17 range, last between 44.11-13 range NDFs off morning highs to 44.11-44.16 too, PSEi...
USD/IDR supported by lower CPI
Mar 02, 2015 07:18 am UTC| Technicals
USD/IDR lower but below forecast CPI should support pair Expect buying interest ahead of 12950 USD/IDR falls to 12970 low last, checked by intervention at 13000 high Pair last 12960-970, NDFs stays...
Nikkei closes up small, USD/JPY declined pre-120.00
Mar 02, 2015 06:16 am UTC| Technicals
Nikkei close 18,826.88 +28.94 points, fresh trend/15-year high 18,939.17. Nikkei grind further higher on Japanese portfolio shifts. USD/JPY tests up earlier but is restricted at 119.95, offers heavy...
Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%