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USD/CNH’s close needed below 6.2730

Mar 06, 2015 03:58 am UTC| Technicals

Off 130 pts yesterday with a bearish outside day Close required below 6.2730 to validate negative signal -20 pts in Asia - breaking support from 2015 low in Jan 5, 10 20 dmas conflict - momentum...

USD/MYR, SGD/MYR under pressure ahead of US data

Mar 06, 2015 03:40 am UTC| Technicals

USD/MYR extends fall into morning fix, markets caught long Profit taking in SGD/MYR weighs on pair Cross last at 3.66 vs 3.67 early; MYR NDFs last 3.6560-3.6600 Pair traded to 3.6470 low, last...

EUR/USD trends into US Payrolls

Mar 06, 2015 03:28 am UTC| Technicals

Tight range in Asia, consolidates yesterdays post ECB 0.45% fall Tight range trading continues into US Payrolls tonight Technical very bearish - 5, 10 20 daily, weekly monthly mas trend south 1.10...

AUD/CNH dominated by choppy range trading

Mar 06, 2015 03:16 am UTC| Technicals

+65pts on AUD short covering - opened -0.7% Neutral momentum studies - 5, 10 20 dmas coil Range trading since mid February can continue Earlier 4.8769 low then NY 4.8631 low initial support Asian...

USD/INR onshore markets close for Holi Festival

Mar 06, 2015 02:33 am UTC| Technicals

USD/INR onshore markets closed for Holi Day Implieds are higher near 62.50 on extended rally in NDFs overnight 1month traded 62.57-62.80 range, closed 62.75-83 in...

EUR/USD barriers continue to fall, can't hold above 1.1050

Mar 05, 2015 17:44 pm UTC| Technicals

Source: Thomson Reuters EUR/USD bounce off earlier low cant hold above 1.1050, USD lift followed Bears press their case and clear the 1.1000 barrier, Long-Term bears have Sep 03 low eyed RSIs oversold but show no...

USD/CHF uptrend accelerating, little resistance until 1.0080

Mar 05, 2015 17:22 pm UTC| Technicals

Source: Thomson Reuters USD/CHF todays rise well into the 0.9700s shows uptrend accelerating 21-d Bollis being spread apart with volume-driven price rise; bullish 10-DMA is crossing above the 100-DMA; latter was...

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