GBP/USD offers may emerge near 1.5800-15 if cable vaults 1.5755
Jun 17, 2015 13:57 pm UTC| Technicals
GBP/USD 1.5800-15 resistance window looks strong Offers may emerge near 1.5800-15 if cable vaults 1.5755 (1mth high) Ascent to 1.5755 spurred by big UK earnings beat 1.58 among recently mooted bull targets. 1.5815 =...
Jun 17, 2015 13:46 pm UTC| Technicals
EUR/SEK 9.1750 long in play but daily cloud standing in the way at 9.2370 Daily Stochs and a cloud twist out to 9.2945 July 2 Risk to the trade could come from a bearish...
USD/CLP drifts higher with 10-HMA by 635.47
Jun 17, 2015 13:40 pm UTC| Technicals
Hedge Funds exit USD short ahead of FOMC, move from large buyers of CLP to sellers, RM also sold CLP HFs tipped as sellers of, highly correlated, copper as well, weighs on CLP USD/CLP drifts higher with 10-HMA (635.47)...
USD/JPY 124.15-20 hurdles in play on Fed, oil's rise
Jun 17, 2015 13:18 pm UTC| Technicals
USD/JPY next hurdles by Tenkan 50% Fibo at 124.16 Jun 11 high at 124.195 Fed-BOJ policies still divergent, even if FOMC rate hike timing stays vague 1.7% WTI rise bullish pricing pattern past few weeks favor Fed...
NZD/USD sets new lows, bigger losses likely
Jun 17, 2015 12:53 pm UTC| Technicals
NZD/USD consolidation ends, new low set, bear pennant forming since last week sees break lower Bigger losses likely after pennant break but Fed risk looms, long-term bears eye May 2010 low If Fed dovish todays slide...
GBP/JPY eyes upper 190s targets, GBP buoyed by UK wage inflation pick-up
Jun 17, 2015 12:44 pm UTC| Technicals
GBP/JPY upper 24-month Bolli at 195.90 top of up channel from Apr at 197.39 today GBP gains accelerate from UK wage inflation pick-up Grexit haven flows Yen sold by RM as Trade data show yen slide isnt helping...
USD/MXN price anchored 15.38-15.48, Daily Kijun supports
Jun 17, 2015 12:19 pm UTC| Technicals
USD/MXN trades NY open near flat to Tues close at 15.40 Resistance 100/55-HMA by 15.4250, 10-DMA 15.4884, Tenkan 15.5580 Daily Kijun by 15.3773 supports, cloud top 15.2789 Main drivers oil (+1.7%) and UST yields (10-yr...