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USD/MXN rises above 100-DMA, eyes daily cloud by 15.15

May 18, 2015 14:52 pm UTC| Technicals

USD/MXN rises above 100-DMA (15.0453), thin cloud attracts by 15.15 RM shorts reversed ahead of Wed Fed minutes USD broadly bid as oil reverses early gains, US yields move higher still Daily pivot resistance 15.1112...

EUR/GBP drops as bears try to take control, further losses likely

May 18, 2015 14:11 pm UTC| Technicals

EUR/GBP edges lower as bears try to take control Intra-day bears seeking an hourly close sub 0.7255 - pivot Potential large black candlestick line Risk for an hourly close below 0.7245 also 0.7245 - 23.6% Fibo of...

AUD/NZD eyes May high, Kiwi's plunge supports

May 18, 2015 13:59 pm UTC| Technicals

NZD worst performer on day, AUD/NZD bid on that and Keys cap gains on NZ property sales 1.0835/40 is immediate resistance, break likely sees quick test of May high Daily RSI overbought but monthly has room to run, 200 ...

GBP/USD pullback supported ahead of 1.5640 pivot

May 18, 2015 13:38 pm UTC| Technicals

Pivot lends support to GBP/USD ahead of 200 DMA 1.5651 was the European AM low. 1.5603 is the 200 DMA Above 200 DMA should keep long trade in play Trend indicators overbought, caution advised, could see circa 1.58...

GBP/JPY seeing 1st contraction in wide Bolli band spreads

May 18, 2015 13:35 pm UTC| Technicals

GBP/JPY 10% surge from Apr 14 low to Fris high leaves daily techs gasping for air Apr-May rise is an ABC shy of Decs 189.65 peak, with 184.75 key C-wave support Close below May 12s 186.68 low would confirm near-term...

NZD/USD below daily cloud & RSIs biased down

May 18, 2015 13:29 pm UTC| Technicals

NZD/USD 10-DMA caps, pair sub-daily cloud RSIs biased down Immediate support into 0.7390/00 then 0.7360, May 13 low then eyed Break of latter accelerates recent slide 2015 low then back in play, above 0.7575 eases bear...

USD/JPY supported by Treasury yield rebound, but US data drag so far

May 18, 2015 13:22 pm UTC| Technicals

Treasury yield rebound from Fris data-driven plunge supports USD/JPY on the day Japan bidders remain c119 on foreign asset buying/yield pick-up after recent profit-taking Spec exp offers into 120 Cloud top at 119.98;...

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Economy

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Politics

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U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

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Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

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Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

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U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

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Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

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TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...
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