Nikkei closes ahead of 19k, weak correlation of USD/JPY
Mar 12, 2015 06:31 am UTC| Technicals
Unlike yesterday, the Nikkei-USD/JPY correlation weaker today. Nikkei supports but rise only made up for the fall in US yields. Nikkei closes day at 18,991.11, up 267.59 pts or 1.43% on day. High of...
USD/JPY falls back as long trim holdings
Mar 12, 2015 06:20 am UTC| Technicals
USD/JPY off as Tokyo trading falls, little upside follow-through. Intra-day longs have positions, Japanese bids narrow. USD/JPY low so far 121.30 after reaching early 121.39 low, high...
Mar 12, 2015 05:08 am UTC| Technicals
NZD leans back towards session highs at 0.7316/18 vs 0.7329 top Intraday buyers expected to hold on until 0.7273 post rebound retrace Broad-based USD flexibility may boost lower NZDoutlook Into Europe...
AUD/USD up slightly but recovery unlikely to last
Mar 12, 2015 05:05 am UTC| Technicals
AUD/USD moves back above 76 cents as EUR/USD cannot to hold 1.05 break Stocks upbeat across Asia; Nikkei +1.3%; MSCI AXJ +0.7% DXY up just 0.1% last fails to build on yesterdays 1.1% gain Sellers have...

USD/CNH dominated by consolidation
Mar 12, 2015 04:18 am UTC| Technicals
Doji inside day yesterday and a doji in Asia as consolidation dominates DXY +6.5% since Feb 17, while CNH has range traded - risk to topside Momentum studies, 5, 10 20 dmas conflict - neutral range...

Mar 12, 2015 03:25 am UTC| Technicals
NZD sold into RBNZ then squeezed Cross opened -0.77% with a bearish outside day NZD remained bid in Asia Momentum studies crest with 5, 10 20 dmas - negative setup Initial support/resistance in...
EUR/USD pressured after making fresh trend low
Mar 12, 2015 02:41 am UTC| Technicals
EUR/USD made fresh trend low below 1.0510 and 1.0500 option barriers Failure to sustain shallow bounces encourages fresh selling Sentiment stays bearish with talk of "parity"...