USD/JPY bounces till 121, markets eyes new year high
Mar 20, 2015 12:11 pm UTC| Technicals
RES 4: 124.13 RES 3: 123 RES 2: 122.20 RES 1: 121.20 (200 day HMA) PRICE: 120.95 @ 11:58GMT SUP 1: 120.48 (23.6% retracement of 115.55 and 122.01) SUP 2: 119.90 SUP 3: 119 SUP 4: 118.20 COMMENTARY: USD/JPY...

AUD/USD slides below the 21 DMA, shorts favored
Mar 20, 2015 11:24 am UTC| Technicals
Pair moves under the 21 DMA (0.7738) favoring the short trade Tight ranges seen as prices strengthen the volatility from the last few days A break below 0.7550 would confirm bearish trend, resuming l-t...

EUR/JPY sees major resistance at 129.50
Mar 20, 2015 11:19 am UTC| Technicals
Pairs recovery ran resistance at 129.50 today, hourly high posted on Thursday Bulls helped by hourly close above 129.29 pivot point Cross kept positive by pre-weekend ...
AUD/NZD - RBA vs RBNZ outlooks weigh
Mar 20, 2015 11:11 am UTC| Technicals
Pair underpinned by RBA vs RBNZmonetary policy outlooks AUD/NZDclose to 1.03 vs last weeks 1.0530 pre-RBNZ high 1.0284 is the multi-year low posted earlier this month (Mar 4/5) Interest rate futures...
GBP/USD steadier post Wednesday & Thursday storms
Mar 20, 2015 10:06 am UTC| Technicals
Pair seen trading in a 54 pip range so far Friday, 1.4722-1.4776 Subsequent to 319 pip range Thursday 520 pip range Wednesday Supportpoints below 1.4722 seen at 1.47 (option expiry), 1.4689 1.4635...
USD/CNH longs seen back in trend
Mar 20, 2015 09:44 am UTC| Technicals
Pair bounces after a look below 6.2000 Downward move lost strength as soon as targeted stops were triggered Fresh speculator demand seen ahead 200-DMA 6.1900 (6.1953 low) Pair trades close to 0.6% ...
USD/CAD sees scope to 1.28 if Canada data below forecast
Mar 20, 2015 09:40 am UTC| Technicals
CAD could fall if Canada data weaker than expected at 1230GMT Feb CPI consensus +0.7% m/m, +1.0% y/y. Core CPI consensus +0.5% m/m, +2.1% y/y Retail sales consensus-0.7%in Jan to follow 2.0% fall in...