GBP/USD struggles to break psychological level 1.5000, marching towards year low.
Mar 25, 2015 05:48 am UTC| Technicals
RES 4: 1.5165 RES 3: 1.5050 RES 2: 1.4981 (61.8% retracement of 1.5163 and 1.46872) RES 1: 1.4900 (200 day Hourly EMA) PRICE: 1.48585 @ 5:43GMT SUP 1: 1.4832 (200 day HMA) SUP 2: 1.4747 SUP 3:1.4687 (19th...
Mar 25, 2015 05:28 am UTC| Technicals
NZD dull in 0.7623/0.7660 range in subdued Asian session, sits 0.7635/38 Weaker than forecast Feb trade surplus/stronger than forecast yearlydeficit triggered early offers Offshore low of 0.7613 stayed in place with...
AUD/USD firm, FSR report suggests rate cut
Mar 25, 2015 05:05 am UTC| Technicals
Pair sliding a slightly lower to 0.7875 in low key affair on Wednesday Unable to hold gains after last nights failure above a 0.7930 a worry Many take todays FSR report as a sign that RBA will cut rates next...

USD/MXN rallies after US Markit Mfg PMI beat
Mar 24, 2015 15:33 pm UTC| Technicals
Source: Thomson Reuters USD/MXN rises as US CPI/PMI beats lifts USD, oil rallies, US yields flat Despite dovish Fed, US still on track to hike in 15, Mex expected to keep pace USD/MXN support lies at 14.9045 hourly...
EUR/USD 1 cent whipsaw since CPI, liquidity a big issue
Mar 24, 2015 14:36 pm UTC| Technicals
Todays big EUR/USD moves go largely unexplained EUR/USD 1 cent whipsaw since CPI, clearly liquidity since FOMC is a big issue Illiquid EUR/USD market may be prelude to lower volumes Big whipsaw moves will curtail...

EUR/USD presses to new session high post-CPI
Mar 24, 2015 13:20 pm UTC| Technicals
Source: Thomson Reuters EUR/USDs presses to new session high post-CPI, price action a concern for bears Narrowing De-US yield spreads upward biased daily RSI aid lift Bounce backs from highs have been limited as...

Falling USD-JPY yield spreads the main drag on USD/JPY
Mar 24, 2015 12:39 pm UTC| Technicals
Source: Thomson Reuters USD/JPY retests last Weds 119.29 post-FOMC low, but limited bounce seen since Falling USD-JPY yield spreads remain the main drag into US CPI release Up Trend-Line off Jan-Feb lows at 119.22,...