EUR/SEK – Swedish CPI data slightly stronger than expected
Feb 17, 2015 08:42 am UTC| Technicals
Soft inflation data out of Sweden, m/m core falls -1.0% vs +0.2% previous Market looked for a 1.1% mm fall, yy posted a surprise +0.6% Headline prices fall as well EUR/SEK bid into the data but comes away...
USD/CHF returns to Oct 0.9361 lows
Feb 17, 2015 08:39 am UTC| Technicals
Pair returns above the 200 DMA at 0.9315 which supports Prices recovered the monthly low from Oct 2014 at 0.9361 Bids are raised aggressively to the average Next target level is 0.9539 - 76.4%of...
GBP/USD sees scope to 1.54 if UK CPI stays at 0.5%
Feb 17, 2015 08:26 am UTC| Technicals
GBP may draw out lift if UK Jan CPI number matches +0.5% y/y Dec number Offers pushed near 1.54 (1.5390 = London pmhigh Mon; 1.5395 = Asia low Mon) 1.5438 among resistance levels beyond figure, 76.4% of...
GBP/USD weighed by false fibo break on Monday
Feb 17, 2015 08:20 am UTC| Technicals
Pair saw false break of the 76.4% fibo of Jan 1.5588/1.4952 decline at 1.5438 on Monday Successive pullback pressured overnight at 1.5339 Slow stochs rise in overbought territory Negative cross gives a...
EUR/GBP weighed by Grexit risk
Feb 17, 2015 08:15 am UTC| Technicals
0.7375 = Asia low vs 0.74275 Monday high Recent talk of stops sub-0.7370 0.73715 = last weeks 7year low on Feb 12, after relatively hawkishBoEQIR Among bear targets are 0.7353 (1.36 in GBP/EUR) ...
EUR/USD weighed by hourly cloud weighs, 200 HMA holds
Feb 17, 2015 07:48 am UTC| Technicals
Pair saw sharp fall through the hourly cloud overnight and was supported at 1.1320 Rebound of EUR/USD limited around 200 HMA at 1.1365 early London (1.1367 highs) Day trend indicators are turn south from...
Feb 17, 2015 06:14 am UTC| Technicals
Nikkei closes day off 17.68 pts or 0.1% at 17,987.09, cuts early losses. USD/JPY to-fro action today balanced with Nikkei, range 118.23-65. Pairs bidding interest ahead of 118.00, offers ahead of...