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;...