EUR/USD climbs above 1.1300, boosted by Fed & Greece
Jun 04, 2015 16:59 pm UTC| Technicals
USD hit by Feds Tarullo dovish comments EUR/USD erases earlier bearish tech signs as it climbs above 1.1300 Greece request to bundle June IMF payment into one lifts EUR Choppy market to persist as headlines drive until...
USD/MXN tracks global yields lower, Banxico rate decision ahead
Jun 04, 2015 14:23 pm UTC| Technicals
USD/MXN hits new day low < 15.50 as UST-Bunds reverse early losses Banxico expected to hold rate at 3%, growth forecast recently lowered, inflation at target USD/MXN support at 15.49/48 daily pivot/55-HMA, then 100-HMA...
AUD/USD slide from 0.7755/60 area deepens, volumes rise
Jun 04, 2015 14:11 pm UTC| Technicals
AUD/USD slide from 0.7755/60 area deepens, volumes see big pick-up on the drop RSI biased down 10-DMA pierced, lower levels for pair now look likely Immediate support near 0.7665/75, break there opens 0.7600/10 Above...
EUR/USD early bull signs fade, tumbling Bund yields weigh
Jun 04, 2015 13:44 pm UTC| Technicals
EUR/USD now down on day, threatens stops sub-1.1230, more sub-1.1190 Diving German yields weigh broadly on EUR, early bull signs fade Long upper wick on todays candle a warning for recent longs If no bounce stops...
NZD/USD lower highs emerging, 10-DMA limits gains
Jun 04, 2015 13:39 pm UTC| Technicals
NZD/USD continues to range near recent lows, lower highs emerging Bears need a solid US jobs report followed by dovish RBNZ next week Dropping 10-DMA exerts some influence in keeping gains limited If starts align for...
EUR/JPY cleared 61.8% of Dec-Apr slide at 140.73 , yield spreads cap rise
Jun 04, 2015 13:28 pm UTC| Technicals
EUR/JPY cleared 61.8% of Dec-Apr slide at 140.73 before backing off 10-yr Bund yields doubling to 1% this wk attracts Bund buyers/EUR sellers 10-yr JGB yields today broke Mar-May resistance by 48bp, widens Bund-JGB...
EUR/GBP retreats from higher level, good to buy at declines
Jun 04, 2015 13:04 pm UTC| Technicals
RES 4: 0.7525 (50% retracement of 0.80220 and 0.7013) RES 3 0.7480 (May 7th High) RES 2 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 1: 0.7380 (Support turned into resistance) PRICE: 0.7333...