USD/MYR rose above 3.72; Feb CPI below forecast

Mar 20, 2015 04:21 am UTC| Technicals

USD/MYR broke above 3.72 level after weaker Feb CPI, 0.1%y/y vs forecast 0.2% Recent fall in prices along with fiscal deficit increases chance of rate cut Pair rose to 3.7250-70 last, NDFs...

AUD/NZD sees modest bearish setup

Mar 20, 2015 03:55 am UTC| Technicals

Doji in Asia - weaker USD leads to a quiet end to a frenzied week Momentum studies 5, 10 20 dmas move downwards, suggesting bearish setup Pair may consolidate on data due next week Initial support at...

USD/PHP stuck below 45.0

Mar 20, 2015 03:26 am UTC| Technicals

Agents capped the pair below 45.00 but underlying trend bullish Opened at 44.80, traded 44.79-85 range thus far Fresh rally expected next week amid quarter end demand Last 44.82-85, NDFs 44.93-97;...

EUR/USD, EUR/JPY both move higher

Mar 20, 2015 03:19 am UTC| Technicals

EUR/USD rose from 1.0650 to 1.0696, EUR/JPY from 128.72 to 129.09, EUR sees some short-covering Heaviness seen in some EUR/USD from 1.0700, bln in vanilla option expiries. EUR/JPY sees hourly resistance...

NZD/USD inching higher as USD gains wane

Mar 20, 2015 02:49 am UTC| Technicals

NZD moving upwards with AUD setting pair around +0.50% so far The momentum took rate through hourly resistance at 0.7444 to 0.7451 top Lock-step profits with AUD keeping cross anchored at base...

USD/INR expected to consolidate around 62.50 levels

Mar 20, 2015 02:44 am UTC| Technicals

Pair likely to consolidate around 62.50 pivot Economic outlook positive, lower current account deficit due to cheaper oil prices INR positives INR likely to get boost from further RBI rate cut hopes, stock...

EUR/USD can't break below the 200-HMA, bears struggling

Mar 19, 2015 14:37 pm UTC| Technicals

Source: Thomson Reuters EUR/USD heavy in early NY but cant break below the 200-HMA Bears struggling to make headway, good bids noted near 1.0650 Support goes gown towards 1.0615, if no break soon intra-day shorts...