USD/JPY eyes 124.50 barriers on way to 125
May 28, 2015 14:07 pm UTC| Technicals
US Pending Home Sales beat forecast, USD/JPY hunting 124.50 barriers on way to 125 Barriers at 124.50 likely to offer little resistance though Traders hedgers still playing catch-up to USD/JPY advance Advance...
USD/MXN rallies despite receding jobless rate, eyes Wed high by 15.4015
May 28, 2015 14:03 pm UTC| Technicals
Mexicos SA jobless rate above forecast (4.32% v 4.14% Rtrs), still a 2-yr low USD/MXN rallies, Banxico caught in inflation/growth conundrum Pair eyes Wed high by 15.4015, 15.43 May 12 high, Banxico offers...
USD/CLP bounces off daily pivot (614.71) after US claims beat
May 28, 2015 13:13 pm UTC| Technicals
USD/CLP bounces off daily pivot (614.71) buoyed by upbeat US claims Pair eyes 50% Fib resistance at 617.92, 21-WMA at 618.61 Above 21-WMA eyes 623.33 Apr 13, then Mar 23 high 631.75 by 76.4% Fib Wrong-footed algos...
EUR/JPY reclaims 21-DMA on Greek hopes, Yen slide helps
May 28, 2015 13:09 pm UTC| Technicals
EUR/JPY got cross above 21-DMA at 134.68 on Wed on Greek official hyping deal hopes Widespread JPY selling accentuating the move up, but EUR slipping anew Tech supports are clustered either side of 133 underpin this...
EUR/USD overnight lift capped by 55 DMA, claims bounce fades
May 28, 2015 12:56 pm UTC| Technicals
EUR/USD overnight lift stalls near 55-DMA, slide sees long upper wick form on day candle Above forecast claims see USD dip get bought, EUR/USD near days low again Apr 24 low, daily cloud base April 21 low (1.0660) then...
USD/MXN off overnight lows moves higher with broad market
May 28, 2015 12:26 pm UTC| Technicals
USD/MXN opens NY at 15.31 off overnight lows moves higher with broad market Support 15.2731 21-DMA, daily Tenkan/cloud base by 15.21 area Resistance at 15.3490 todays early NorAm high, 15.4015 Wed flash high Greek...
USD/JPY 161.8% Fibo targets by 125, USD broadly bid
May 28, 2015 12:13 pm UTC| Technicals
USD broadly bid as even minor Fed tightening a sharp contrast to other CBs 161.8% Fibo targets by 125 huge RKO defense at same; stops above Japan weekly investment flows into foreign (i.e. US) bonds up Y911b Long end...