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USD/JPY is struggling to break above 121.50, dip till 120.05 is possible

May 22, 2015 05:53 am UTC| Technicals

RES4: 124.13 (2007 High) RES3:123.41 (138.2% retracement of 122.01 and 118.32) RES2: 122.05 (Mar 3rd high) RES1 121.49 (161.8% retracement of 120.49 and 118.87) PRICE: 120.80 @ 05:49 GMT SUP1: 120.60...

USD/SGD dips towards 1.3300, weak USD weighs

May 22, 2015 04:21 am UTC| Technicals

Pair weighed by extends USD sales against EUR and JPY Pair last at 1.3311-1.3315, traded 1.3313-1.3367 Break of 1.3300 risks further takes the pair towards 1.3271 May 19...

USD/KRW dips below 1090 on broad USD strength across region

May 22, 2015 04:20 am UTC| Technicals

Pair moves tentative but all week 1100 has been kept safe Authorities unhappy with KRW strength especially as JPY/KRW nears 9.00 JPY/KRW on its lows at 9.02 last with KRW strength outstripping JPY...

USD/MYR trades heavy on extend selling below 3.60

May 22, 2015 03:35 am UTC| Technicals

Higher oil prices, weak US data weighed after open Pair traded 3.5890-3.5980 range so far, last 3.5885-3.5905 NDFs last 3.5950-3.5990; KLCI -0.22% Malaysia April CPI eyed, f/c 2.1%y/y vs 0.9%...

USD/JPY longs pared down positions post-BoJ as the BOJ upped its economic assessment

May 22, 2015 03:29 am UTC| Technicals

Better growth seen delaying any further ease, boost to QQE Pair to a fresh session low of 120.79 from 120.90 levels 121.00+ now seen heavy, major resistance at 121.50 and 122.00...

USD/INR likely to range 63.50/70, bullish bonds weigh

May 22, 2015 03:17 am UTC| Technicals

Rate cut hopes by RBI next month boost foreign buying in bonds Weekend USD demand from corps to stall falls though, strong support at 63.50 INR NDFs traded 63.92-64.04 range overnight, closed 63.97-64.02...

USD/MXN capped by Fibo resistance by 15.2600

May 21, 2015 14:52 pm UTC| Technicals

Source: Thomson Reuters USD reverses earlier gains to daily pivot resistance by 15.25, UST yields fall US data mixed on weak existing home sales and Philly Fed data Pair back above daily cloud and 10-DMA support by...

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