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USD/CHF pullback limited

Apr 08, 2015 06:37 am UTC| Technicals

Off yesterdays 0.9672 tops but pullback slight. 0.9629 the low so far 0.9599 is the 100 DMA and support below Tuesday = 2nd day with higher lows and highs Suggests Fridays 0.9486 low was false break...

EUR/USD - Short remains in play and the risk remains with the bears

Apr 08, 2015 06:26 am UTC| Technicals

The lift from 1.0803 tests close to the 200 HMA intraday at 1.0859 Looking for a break under 1.0800 next. The 21 DMA is key at 1.0789 Below targets the low from March 31 at 1.0713 Then 1.0688 which is the...

GBP/USD is trading below 200 day HMA, decline till 1.4650 is expected

Apr 08, 2015 06:13 am UTC| Technicals

RES 4: 1.5061 (78.6% retracement of 1.5163 and 1.4687) RES 3:1.49937 (Mar 26th high) RES 2: 1.4920 (Mar 27th high) RES 1: 1.4850 (200 day HMA) PRICE: 1.4839@ 06:12 GMT SUP 1: ...

USD/JPY is sruggling to close above 120 level, decline till 118.30 is possible

Apr 08, 2015 06:02 am UTC| Technicals

RES 4: 122.01 (Mar 10th high) RES 3: 121.20 (Mar 20th high) RES 2: 120.50 (Apr 7th high) RES 1: 119.96 (Kijun-Sen) PRICE: 119.84 @ 5:58 GMT SUP 1: 119.60 (200 DAY HMA) SUP 2: 119.30 (Cloud bottom) SUP 3:...

USD/IDR pressured by NDFs selling from leveraged and real money

Apr 08, 2015 05:35 am UTC| Technicals

Early spike above 13000 fizzled at 13010 high, last 12975-12985 NDFs last 13085-13115, good selling interests at 13130 JPY bounce ahead of BOJ weigh on USD sentiment...

USD/SGD dragged lower by stop sales in USD/JPY below 120

Apr 08, 2015 05:30 am UTC| Technicals

Firmer EUR and AUD further weigh on USD/SGD Nearby stall at 1.3565 overnight low in NY Exp fresh buying fm models and funds ahead of MAS policy next week USD/SGD last 1.3570-74, traded 1.3570-1.3605...

AUD/USD tracks NZD/USD higher in Asia with market somewhat confused

Apr 08, 2015 05:08 am UTC| Technicals

Strong USD session yday (DXY+1.2%) saw no follow-through in Asia Exact opposite as moderate US Dollar profit taking kicks in Search for yield however remains strong for real money crowd NZ cash rates a...

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