EUR/USD easing back after stop loss run to 1.1343
Jun 09, 2015 03:12 am UTC| Technicals
EUR continues to make across the board gains due to short-covering Resistance is found at 1.1380 (June 4 high) with break targeting 1.1468 levels Hourly support has formed between...
USD/INR likely to trade sideways around the 64.00 pivot
Jun 09, 2015 03:01 am UTC| Technicals
Stocks fall, concerns over weaker than expected monsoon season weigh on INR Higher EUR, GBP, foreign interest in INR bonds to limit INR weakness though Sensex closed -0.92%, USD/INR ended 64.08-64.09...
USD/JPY eyes support by Fri low & Tenkan at 124.31-40
Jun 08, 2015 18:24 pm UTC| Technicals
Japan bids by 125 have been chewed through; pair eyes TrendLine, Fri low Tenkan at 124.31-40 200-HMA is 124.67. If 124.30 is broken, Japan bids at 124 will be tested next Much of todays USD/JPY action is an overbought...
EUR/JPY boosted by EUR rally & USD/JPY's 125 floor
Jun 08, 2015 15:27 pm UTC| Technicals
EUR on rise as 10-yr Bund ylds rise prior short EUR hedges are covered USD/JPY Japan bids by 125 big expiry give EUR/JPY a fresh base Fri Thurs highs at 140.69/141.06 are nearby; close above 140.73 Fibo is...
USD/CLP probes below daily pivot by 634.03
Jun 08, 2015 14:03 pm UTC| Technicals
USD/CLP below upper 21-d Bolli, hovers below daily pivot (634.03) Slight profit taking seen, RM tipped on offer, slows Chilean equity sales Talk US concern over strong USD weighs on USD USD offered as US yields move...
NZD/USD range trade likely into RBNZ
Jun 08, 2015 13:52 pm UTC| Technicals
NZD/USD likely to consolidate into RBNZ due to lack of bear follow through today No major US data to drive USD side of equation so consolidation due 10-DMA capped recently, may repeat, above 0.72 eases short-term bear...
EUR/GBP threatens 76.4% fibo at 0.7338 on EUR short-covering
Jun 08, 2015 13:43 pm UTC| Technicals
EUR/GBP threatens 76.4% of 0.7360 (Friday high) to 0.7267 (Asia low) at 0.7338 after EUR short-covering 0.7387 (June 4 high) 0.7400/07 resistance beyond 0.7369 Brexit concerns are independent source of support for...