EUR/USD eyes early March highs post-GDP miss
Apr 29, 2015 13:04 pm UTC| Technicals
Big miss to GDP weighs on earlier US yield rally, USD tumbles as well Daily cloud top Mar 4 high there, RSIs bullish, likely to aid gains Market leans towards a more dovish Fed now, DE-US yield spreads narrow Early...
USD/MXN drifting higher with UST yields ahead of US GDP
Apr 29, 2015 12:20 pm UTC| Technicals
USD/MXN edges higher in early NY, buoyed by UST yields rise ahead of US GDP Focus on FOMC later in day, may leave June on table, focus on data USD/MXN above daily cloud eyes resistance at 15.3446 10-DMA, down TrendLine...
EUR/GBP is in consolidation phase, trend reversal only above 0.7239
Apr 29, 2015 11:57 am UTC| Technicals
RES4: 0.7300 RES 3: 0.72793 (61.8% retracement of 0.7379 and 0.7112) RES 2: 0.7239 (200 day 4HMA) RES 1: 0.7210 (Apr 23rd high) PRICE: 0.7160 @11:54 GMT SUP 1: 0.7150 (61.8% retracement of...
EUR/USD breaks 1.100, jump till 1.105 is possible
Apr 29, 2015 11:19 am UTC| Technicals
RES4: 1.1070 (trend line joining 1.0360 and 1.10510) RES 3:1.1050 (Mar 26th high) RES 2:1.1035 (Apr 6th High) RES 1: 1.100 PRICE: 1.09976@ 11:18 GMT SUP 1: 1.0977 (20 day 4HMA) SUP2: 1.0935...
NZD /USD is facing strong resistance around 0.7740, good to buy at declines.
Apr 29, 2015 10:18 am UTC| Technicals
RES4: 0.7855 RES3:0.7837 (76.4% retracement of 0.80335 and 0.7175) RES2: 0.7800 RES 1: 0.7740 (Apr 22nd high) PRICE:0.7670 @10:15 GMT SUP 1: 0.7649 (200 day HMA) SUP 2: 0.7580 (Cloud bottom) SUP 3:0.7540 (Apr 24th...
USD/TRY trading in tight range ahead today's US GDP and Fed statement
Apr 29, 2015 10:09 am UTC| Technicals
Massive 2.6500 expires adds to static trade Another USD 750mln expiries at same level May 1 Pivotal at 2.6527, 21 DMA and below that 2.5555 (April low) level eyed Correction of positioning imbalance...
NZD/USD relatively dovish steers expected from both central banks
Apr 29, 2015 09:37 am UTC| Technicals
FOMCRBNZstatements in pipeline, at 1800GMT 2100GMTrespectively 0.7740 break risk will increase if Fed overly dovish/RBNZ relatively hawkish Dovish RBNZ McDermott commentsdeflated NZD/USD to 0.7537 last...