
NZD/USD rebound from strong 0.7300-15 support
May 13, 2015 02:50 am UTC| Technicals
0.7300-15 strong base - 76.4% of 2015 rally cluster of lows in mid-March Resistance to reject initially for 0.7350-0.7425 consolidation before 0.7450 test Resistance at 0.7422. April 13 high, support at...
USD/MYR attracts fresh buying on dips below 3.60
May 13, 2015 02:40 am UTC| Technicals
Ratings cut fear added to support; Fitch reiterate ratings cut possibility Fitch said oil rally fails to allay concerns over Malaysia Pair opens at 3.6050-00, was given; markets cheer lower USD Pair...
NZD lower as market digests comments from RBNZ Wheeler
May 13, 2015 02:37 am UTC| Technicals
Wheeler said current level of NZD unsustainable and they want it lower Cross popped up to close to 1.0850 from just below 1.0800 NZD/USD eased to as low as 0.7362 from just above 0.7400 NZD/USD buyers...
EUR/USD presses 10 & 100-DMAs, dip buyers lurk
May 12, 2015 14:19 pm UTC| Technicals
EUR/USD presses 10 100-DMAs after pullback from overnight high, dip buyers lurk Pair nearing overnight high again on USD swoon Greek bank ELA increase 1.1290/1.1315 needs clearing to see recent bears exit, little...
GBP/USD retreats half-cent+ from 1.5710, profit-taking on longs weighs
May 12, 2015 13:53 pm UTC| Technicals
Cable retreats half-cent+ from 1.5710, deflated by profit-taking on GBP longs Support now lies at 1.5624 (200DMA). 1.5621 was Dec 31 high 1.5710 = London am high after UK data beat, 1.5558 = pre-data low 1.5393 = Monday...
USD/CLP off session highs, holds daily pivot support by 608
May 12, 2015 13:42 pm UTC| Technicals
USD/CLP edged lower, off session highs as US yields move lower Resistance 10-DMA 609.77, down TrendLine/Kijun by 613, 50% Fib by 617.82 Support at 607.89 daily pivot, 602.47 May 8 low, below 592.30 Nov 21 low...
USD/JPY bids above Cloud, but yields & stocks at odds
May 12, 2015 13:39 pm UTC| Technicals
USD/JPY bids above 119.79 Cloud top; export spec offers at 119.50; light stops above Yield rise partially offset by risk-off from stocks, but trying to find a balance Early spike in Treasury other DM bond yields...