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EUR/JPY up TrendLine off May lows by 134 & oversold hourlies prompt rebound

May 19, 2015 12:39 pm UTC| Technicals

ECB jawboning, weak ZEW resumption of EUR asset buy/hedging weighs on EUR/JPY Overbought bearish divergence sells on dailies yield spread drop are bearish Markets repricing ECB QE flows, yield EUR rebound impact on...

USD/MXN hovers by 15.11, daily pivot supports by 15.0800

May 19, 2015 12:26 pm UTC| Technicals

USD firm as commodities/oil fall, global inflation remains weak USD/MXN hovers by 15.11, near daily pivot in early NorAm trade Support at 55-HMA (15.0796) then lower 21-d Bolli (15.0248) Resistance at thin daily cloud...

EUR/GBP is consolidating between 0.7140 and 0.7280, good to sell on rallies

May 19, 2015 12:19 pm UTC| Technicals

RES 3: 0.7380 (Apr 3rd High) RES3:0.7345 (61.8% retracement of 0.74820 and 0.71217) RES2:0.72820 (May 18th high) RES 2: 0.7240 (200 day HMA) PRICE: 0.722 @12:16 GMT SUP1:0.7205 (50% retracement of...

AUD/USD retreats on RBA minutes meeting, good to sell on rallies

May 19, 2015 08:45 am UTC| Technicals

RES 4: 0.8294 (Jan 15th high) RES 3: 0.8225 (161.8% retracement of 0.8162 and 0.8062) RES2: 0.8165(May 14th High) RES 1: 0.8062 (Support turned into resistance) PRICE: 0.8014 @ 06;53 GMT ...

EUR/JPY bias remains on the downside

May 19, 2015 06:56 am UTC| Technicals

Stops are triggered below 135.25, pivot point at 135.22 in focus EUR/USD EUR/JPY continue to move in line 30/60 log correlation between EUR/USD EUR/JPY...

USD/JPY quiet Nikkei closed up 136.11 points best since April 28

May 19, 2015 06:25 am UTC| Technicals

USD/JPY bid in tight 119.86-120.04 range, Japan investors bids below Japan exporter offers trail up but stops mixed in 120.05 USD712 mln 120.00 option expiries provide gravitational...

GBP/USD is trading flat, market awaits CPI data

May 19, 2015 06:21 am UTC| Technicals

RES4: 1.5815 (May 14th high) RES3:1.5745 (61.8% retracement of 1.5813 and 1.5630) RES2: 1.5725 (20 day HMA) RES1:1.5687 (Tenken-Sen) PRICE: 1.56435@ 05:00 GMT SUP1: 1.5630 (May 13th low) SUP 2: 1.5590...

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