USD/JPY popped to 121.49, USD-JPY 2-yr yield spreads lower
May 20, 2015 18:38 pm UTC| Technicals
Fed waiting for data bounce before a hike, too much uncertainty to make early rate hike likely USD/JPY popped to 121.49 on tape-read bids from June hike holdouts on FOMC USD-JPY 2-yr yield spreads lower now since the...
AUD/USD probes stops below 0.7880
May 20, 2015 15:11 pm UTC| Technicals
AUD/USD slipped below support at recent low by 0.7876 Probes stops below 0.7880, bids appear 0.7870 area Multiple MA/Fib support near 0.7850, stops tipped below Close below 0.7850 eyes 50-DMA by 0.7795 and daily cloud...
USD/MXN off early lows, focus on rising US bond yields
May 20, 2015 14:45 pm UTC| Technicals
USD/MXN rising with US yields despite rise in oil Resistance at 15.2919 21-DMA, 15.3210 daily pivot resistance, CB caps 15.4228 Support 15.2076 10-HMA, 15.1640 daily pivot, 15.0546 100-DMA the floor Fed mins tipped...
EUR/USD slide so far stalled above Mar swing high at 1.1062
May 20, 2015 14:35 pm UTC| Technicals
EUR/USD capped by hourly TrendLines, reversed the NY Open rebound Weeks slide so far stalled above Mar swing high at 1.1062, but up TrendLine broken 2-yr Bund-Treasury yield spreads are weighing back by this weeks...
USD/JPY above 121 again, eyes Mar 20 high at 121.16-20
May 20, 2015 14:07 pm UTC| Technicals
Source: Thomson Reuters USD/JPY sees new run at 121.16-20 hurdles; 121.59 Fibo Not getting much help from Treasury yields, but USD bid since Tuess US data NY dip bought above 121 again, with 76.4% Mar 20 high at...
GBP/USD 200DMA (1.5590) in focus again
May 20, 2015 13:44 pm UTC| Technicals
GBP/USD 200DMA is now 1.5590 vs 1.5597 Tuesday, with offers touted at 1.5590 1.5568 = intra-day high vs 1.5473 early Europe low (pre-MPC minutes) Cable broke below 200DMA pre-soft UK CPI data Tuesday, en route to...
EUR/JPY closer to 21-DMA target from Bolli correction
May 20, 2015 13:29 pm UTC| Technicals
EUR/JPY slide stalled by EUR/USDs 1.1062 support, pair driven mostly by EUR/USD Pair closer to 21-DMA target from Bolli correction, last at 133.44, offers 134.75/135/135.20-25 Series of higher swing lows in May intact...