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EUR/USD above 1.1200 as USD under pressure

May 06, 2015 03:16 am UTC| Technicals

Double-top formed ahead of 1.1225 with break targeting 1.1274 levels The USD has resumed trading with an offered tone after quiet morning Market remains short EUR/USD and dips being bought despite Greece...

AUD/USD getting support from ongoing AUD/NZD demand

May 06, 2015 03:11 am UTC| Technicals

Pair Stops at 0.7960 triggered as cross demand supports, next resistance at 0.8000 Traders report some AUD/JPY buying flows as well in quiet trading AUD shorts frustrated by no reaction to RBA cut or softer...

USD/SGD slips towards 1.3300 supports, follows sell-off in USD/MYR

May 06, 2015 02:58 am UTC| Technicals

Pair risks further setback towards 1.3280, 1.3277 previous high on Apr 30 Pair last 1.3292-98, traded 1.3293-1.3327 range so far Higher AUD and EUR weigh on pair...

USD/JPY runs stops below 120; 100-DMA & Cloud base at 119.34 key

May 05, 2015 15:31 pm UTC| Technicals

Broad pullback in USD despite strong ISM Non-Mfg Treasury yield rise N225 futures retesting Fridays lows, weighing on USD/JPY Daily Kijun intact so far at 119.67, as Overbought Slow Stochs are trimmed Stops run below...

USD/CLP slips, probes lower 21-h Bolli support by 609.90

May 05, 2015 15:26 pm UTC| Technicals

USD/CLP down with broad USD move, Chile economic activity rising Support at 609.90 lower 21-h Bolli, 604 recent low area Resistance at 616.33 Mon low/down TrendLine area, 620.18 Apr 23 high Recent floods, lowered...

USD/MXN slips, hovers by 21-DMA support by 15.2926

May 05, 2015 14:55 pm UTC| Technicals

USD/MXN edges lower after generally upbeat US ISM Non-Mfg data, UST yields rise Employment component barely beats (56.7 v 56.6 prev), prices paid lower USD/MXN support by 15.3159 61.8% Fib, then 21-DMA at 15.2926 Below...

Broad USD weakness drives NZD/USD higher

May 05, 2015 14:38 pm UTC| Technicals

NZD/USD at new high for NY and above the 55-DMA Fonterra results see GDT PI -3.5% and WMP -1.8% NZD/USD sees no bearish move, broad USD weakness drives Rise threatens 0.7560 resistance, break might see stops run If hit...

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