USD/CLP holds by Fib resistance near 624, CB holds neutral bias, favors USD
Jun 01, 2015 16:20 pm UTC| Technicals
USD holding on to post-US ISM gains, market shrugs off PCE weakness USD/CLP resistance at 623.9- 61.8% Fib above eyes 76.4% Fib at 631.33 UST long-end yields rise, US 10-yr +7bps/30-yr +8.5, curve steepens BCCh mins:...
USD/JPY takes out 124.50 barriers; 125 breakout risks rebuke
Jun 01, 2015 15:45 pm UTC| Technicals
USD/JPY clears barriers at 124.50; much larger RKOs at 125 are now being spied Risk of Japan MOF or Econ Min rebuking a too-fast yen fall rises above 125 161.8% Fibos at 124.90/125.17 from Mar 14 low bases add to 125s...
USD/JPY price toward 124.50 as ISM puts Q2 fears to rest
Jun 01, 2015 14:35 pm UTC| Technicals
USD/JPY price boosted toward 124.50 on mildly above forecast ISM, strong Construction Spending 161.8% off March base is at 124.91; 161.8% off 14 base at 125.17 Decent barriers and stops beyond 124.50; far more at/above...
EUR/USD eyes 1.1005/10 on soft USD, commodity lifts help
Jun 01, 2015 13:53 pm UTC| Technicals
EUR/USD at best level for NY session, eyes 1.1005/10 on soft USD Post-data lift persists as US yields USD stay soft, commodity lifts help Intra-day resistance near 1.0980/90 (hourly highs, 200-HMA) 1.1005/10 bigger...
USD/JPY pivots in play on US savings rate rise
Jun 01, 2015 13:09 pm UTC| Technicals
USD UST yields dip on rise in Savings Rate, flat Spending, below forecast PCEs Rising US income not turning into spending rise; shows consumers cautious Pair pierces thin hourly Cloud (base 123.93); 200-HMA up...
USD/MXN eyes Friday high by 15.4500
Jun 01, 2015 12:56 pm UTC| Technicals
USD/MXN eyes Fri high by 15.4500 in early NY, 76.4% Fib at 15.4490 is minor resistance Stops tipped above 15.4500, Banxico offers at 15.6122 CFTC data shows market got shorter MXN last week Mex HSBC Mfg PMI (53.8-pvs)...
Weak commodity prices & CB risk hinder AUD/USD rallies
Jun 01, 2015 12:22 pm UTC| Technicals
AUD/USD slips near 0.7620 on weak commodity prices overall firm USD 0.7670/80 proves formidable again pair starts month on its heels Market also leery of RBA tonight, no cut forecast but explicit might be...