
Upbeat SA trade data provides USD/ZAR a brief lift
Mar 31, 2015 12:36 pm UTC| Technicals
Source: Thomson Reuters USD/ZAR looks heavy, profit taking provided better buy levels into the data SA trade deficit 8.48bln vs -24.22bln Jan, -5.7bln expected Qtr-end demand for Dollars and this the broader market...
EUR/USD breaks 1.0749 (cloud bottom), dip till 1.0600 is possible
Mar 31, 2015 11:53 am UTC| Technicals
RES 4: 1.1016 (200 day 4HMA) RES 3: 1.0950 RES 2: 1.0864 (20 day 4HMA) RES 1: 1.0797 (Tenken-Sen) PRICE: 1.07430 @ 11:46 GMT SUP 1: 1.0720 SUP 2: 1.0650 SUP 3:1.0600 SUP 4:...
USD/CAD is trading stronger, market eyes Canada GDP data
Mar 31, 2015 10:54 am UTC| Technicals
RES 4: 1.3024 RES 3: 1.2854 (100% projection of 1.23901 to 1.2835 from 1.24089) RES 2: 1.2835 RES 1: 1.27513 PRICE: 1.2753@ 10:45 GMT SUP 1: 1.2680 (Kijun-Sen) SUP 2: 1.2600 SUP 3:1.2570 (200 day HMA) SUP 4:...
EUR/USD short-term rate divergence
Mar 31, 2015 10:13 am UTC| Technicals
5bp narrowing US/German 2 yr spread during EUR/USD fall from 1.1052 Mar 26 79bp is low/narrowest since FOMC Further spread tightening surely to question short term EUR/USD downside Modest CPI uptick EZ/German fuel...
USD/CAD rise to threaten 1.2757 (Mar 19 high)
Mar 31, 2015 09:50 am UTC| Technicals
WTI at USD 47.60/barrel,110 centslower on the day 1.2705 (Mondayhigh) is now a USD/CAD support point Canada Jan GDP data in focus due 1230GMT. -0.2% f/c BOC Governor said Q1 "will look atrocious...oil shock is big...

AUD/USD finding support below 0.7600
Mar 31, 2015 09:43 am UTC| Technicals
0.7591 low fm Mar 18 pressured. 0.7561 6 year low fm Mar 11 Next support at 0.7241 monthly low from May 2009 Also the 76.4% of the 2008/2011 0.6007/1.1081 move at 0.7204 Almost completed the full retracement of the...

USD/CAD continues moving north
Mar 31, 2015 08:51 am UTC| Technicals
Pair continues moving higher as the underlying bias remains with the bulls Daily close above the kijun line suggests bullish setup Possibility seen for a retest of 1.2835 - 2015 high posted on Mar...