USD/CLP probes below daily pivot by 634.03
Jun 08, 2015 14:03 pm UTC| Technicals
USD/CLP below upper 21-d Bolli, hovers below daily pivot (634.03) Slight profit taking seen, RM tipped on offer, slows Chilean equity sales Talk US concern over strong USD weighs on USD USD offered as US yields move...
NZD/USD range trade likely into RBNZ
Jun 08, 2015 13:52 pm UTC| Technicals
NZD/USD likely to consolidate into RBNZ due to lack of bear follow through today No major US data to drive USD side of equation so consolidation due 10-DMA capped recently, may repeat, above 0.72 eases short-term bear...
EUR/GBP threatens 76.4% fibo at 0.7338 on EUR short-covering
Jun 08, 2015 13:43 pm UTC| Technicals
EUR/GBP threatens 76.4% of 0.7360 (Friday high) to 0.7267 (Asia low) at 0.7338 after EUR short-covering 0.7387 (June 4 high) 0.7400/07 resistance beyond 0.7369 Brexit concerns are independent source of support for...
EUR/JPY holds above 139; Bunds more stable
Jun 08, 2015 13:27 pm UTC| Technicals
EUR/JPY Fri todays lows held above 139, as long Bund FX hedges unwind further Cross tad overbought on dailies; weekly Cloud base at 141.97 is Medium-Term target Bunds more stable, though recent yield surge dims buyers...
EUR/USD bears to struggle, short covers dominate for now
Jun 08, 2015 12:51 pm UTC| Technicals
Lack follow through from Fri. tighter DE-US spreads see short covers lift European QE trades continue to unwind across asset markets 100 10-Day moving averages aid the bounce Break of latter sees decent squeeze,...
USD/JPY yield spread a drag today
Jun 08, 2015 12:41 pm UTC| Technicals
USD/JPY big 125-126 expiries today, 1-mo volume down at late-May levels; RRs barely bullish Tenkan Fris low at 124.31/36; stops past 126, but yield spread a drag today Post-NFP surge toward 126 not confirmed by new...
EUR/GBP recovers from low levels, good to buy at dips
Jun 08, 2015 12:27 pm UTC| Technicals
RES 3 0.7480 (May 7th High) RES 2 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 1: 0.7380 (Support turned into resistance) RES1 : 0.7340 (61.8% retracement 0.73845 and 0.7265) PRICE: 0.7330...