USD/MXN lower post-Chi PMI data, real money bids tipped near 15.30
May 29, 2015 14:48 pm UTC| Technicals
USD/MXN lower post-Chi PMI data (46.2 v 53 Rtrs forecast), reverses with US yields Higher highs higher lows point to further gains, market wary of Banxico intervention Support at 15.3145 todays low, 15.2885 Kijun line,...
USD/JPY dips on Chicago PMI miss, supported by hourly up trendline 123.66
May 29, 2015 14:31 pm UTC| Technicals
Chicago PMI miss hits USD, USD/JPY slips but dip limited to 123.80 so far Pair above 123.66 hourly up trendline support, that trendline will be reinforced by the hourly Cloud base at 123.61 this afternoon Treasury yields...
EUR/GBP rises to 0.72, month-end buying seen as prime factor
May 29, 2015 14:09 pm UTC| Technicals
EUR/GBP rise to 0.72 today, month-end buying flagged as prime factor 0.72 = 10-day high. 0.7140 was early Europe low (0.7152 = Thursday high) 0.7057 (Wednesdays 11wk low) among EUR/GBP bear targets EUR could take hit on...
USD/MXN slips as US Q1 GDP remains weak
May 29, 2015 13:35 pm UTC| Technicals
USD/MXN holds near session highs by 15.35 after US Q1 GDP data Resistance at 15.43/44 early May highs, 15.5209 upper 21-d Bolli, support at 15.2723 21-DMA RM offers tipped above 15.40, stops above 15.45 Q1 GDP revised...
USD/JPY uptrend stalled by weaker USD-JPY 2-yr yield spreads & N225
May 29, 2015 12:25 pm UTC| Technicals
USD/JPY holding hourly up TrendLine from the 27th, last at 123.65; Japan bids down to 123.50 Weaker USD-JPY 2-yr yield spreads N225 prices stalling daily uptrend 124.50 barriers key pivot toward 125 RKO and major tech...
AUD/USD overnight lift stalls at old support, US data on tap
May 29, 2015 12:21 pm UTC| Technicals
AUD/USD overnight lift capped at old support/now resistance near 0.7675/85 Pair slips now flat on day, above 0.7840 eases bear pressure Long upper wick on todays candle, yield spread tighten, techs lean bearish US econ...

EUR/AUD supported below major resistance
May 29, 2015 03:42 am UTC| Technicals
Minor AUD led profit taking in Asia, opened +1.45% - AUD led Bounce leaves momentum studies, 5, 10 20 dmas edging higher 20 day Bollingers are starting to expand - early days, but a positive...