EUR/JPY losing Bunds' support; techs heavy; yen doubts
Jun 11, 2015 14:50 pm UTC| Technicals
EUR is losing recent support as Bund yields retreating DAX rebounding Greek deal headlines conflicted as usual with IMF doubtful, EG hopeful Key supports 138.02-11 below Weds 138.44 low Rough double-top above 141 ...
USD/CLP reverses post-retail sales high, weak copper weighs
Jun 11, 2015 14:42 pm UTC| Technicals
USD/CLP hovers by 631.50, reverses post-retail sales flash high by 635 Weak copper (-2.25%) weighs on CLP, lower UST yields slows USD ascent 635.20 daily pivot resistance, 640.58 upper 21-d Bolli, 643.33 2015 high SASE...
AUD/USD sees poor price action, 55 & 21-DMA weigh
Jun 11, 2015 14:27 pm UTC| Technicals
Poor price action for AUD/USD bulls as 55 21-DMA weigh daily RSI rolls over Solid Oz jobs sees spike up, most gains erased in Europe, NY erases all 0.7685/00 is support, 10-DMA hourly lows in that area, above...
USD/JPY post retail sales pullback held 50% Fibo; 2-yr spreads lift
Jun 11, 2015 13:40 pm UTC| Technicals
USD/JPY post retail sales pullback held 50% of 122.55-124.19 rise at 123.32, 200-HMA at 124.26 upside pivot Pullback partly due to 10-yr yield spreads falling further as Tresury curve flattened USD/JPY correlation to...
NZD/USD pierces Sep '10 low, long-term bear trend intact
Jun 11, 2015 13:24 pm UTC| Technicals
NZD/USD long-term bear trend intact, diverging CB views to weigh despite short-term bounce Pair pierces Sep 10 low, Aug 10 low (0.6947) next bear hurdle Stops likely below, once run July May 10 lows then...
Retail Sales beat sent USD/JPY thru 123.80 hurdles; curve flattens
Jun 11, 2015 13:20 pm UTC| Technicals
USD/JPY rises briefly on US core Retail Sales beat revision upwards Thru 123.80 hurdles, Treasury curve flattening response limits rise as bond yields fall; 123.16 Tenkan resistance Focus should shift back to 2-yr...
EUR/USD 10-DMA in play after solid retails sales
Jun 11, 2015 12:54 pm UTC| Technicals
EUR/USD dives, bounce seen as claim a bit higher than forecast Pair falls further from trend-line off May high daily RSI biased down USD UST yields lift on sales beat, DE-US spreads further in USDs favor Choppy...