
GBP/AUD rally struggles to overcome resistance at 2.0035-55
Jun 05, 2015 04:35 am UTC| Technicals
Cross stifled by this level 4 times in last 7 trading days Failure here in mid-Feb resulted in 6% decline by late March A daily close below 2.0035 will open recent lows at 1.9600 1.9400 Clear break...
NZD/USD sideways movement, eyes on US NFP job data
Jun 05, 2015 03:19 am UTC| Technicals
US NFPs has traders sidelined with looming end week added dampener Fitch says run of low milk prices impairs banks asset quality for NZD RBNZ has flagged systemic risk as highly leverage farms cash flow...
EUR/USD short term technical bearish, supported above 1.1200
Jun 05, 2015 03:08 am UTC| Technicals
Greece on many minds with IMF payment delay, now bunched June 30, no deal yet Stops hit below 1.1220, 1.1200 levels Hourly cloud currently 1.1100-1.1223, to peak...
USD/JPY doing little in Asia, 124.26-57 range
Jun 05, 2015 02:56 am UTC| Technicals
Bids heavy at 124.80, 124.90, 124.95, big portion option-related Slew of nearby, topside USD calls expiring out to June 22 Japan dip buy starts still in place, bids large from 124.00 Stops mixed in...
Pair trend higher has no end in sight due to lack of USD supply
Jun 05, 2015 02:48 am UTC| Technicals
Corporate FX hedging takes its toll, Barclays estimate USD4-8bln next 6-12 months Hedging a new development, significant amounts done in past 12 months Structural current account deficit tends to be ...
EUR/USD climbs above 1.1300, boosted by Fed & Greece
Jun 04, 2015 16:59 pm UTC| Technicals
USD hit by Feds Tarullo dovish comments EUR/USD erases earlier bearish tech signs as it climbs above 1.1300 Greece request to bundle June IMF payment into one lifts EUR Choppy market to persist as headlines drive until...
USD/MXN tracks global yields lower, Banxico rate decision ahead
Jun 04, 2015 14:23 pm UTC| Technicals
USD/MXN hits new day low < 15.50 as UST-Bunds reverse early losses Banxico expected to hold rate at 3%, growth forecast recently lowered, inflation at target USD/MXN support at 15.49/48 daily pivot/55-HMA, then 100-HMA...