USD/JPY price above upper 21-d Bolli, eyes 120.85 next
May 19, 2015 15:11 pm UTC| Technicals
USD/JPY clears May 5 high export/spec offers by 120.50 on US data pop Price above upper 21-d Bolli for 1st time since early Mar: big + if closes above Apr 13s 120.85 swing high key; close above would end pattern of...
AUD/USD slide extends to 21-DMA, above 0.8030/40 eases bear pressure
May 19, 2015 14:20 pm UTC| Technicals
AUD/USD edges lower as broad based USD bids rising US Treasury yields weigh Trend-Line off mid-April lows cleared, slide extends to the 21-DMA Monthly RSI poised to roll over, if does bear sentiment upped Above...
USD/JPY two-month range top under gun on stellar Housing data
May 19, 2015 13:14 pm UTC| Technicals
USD/JPY two-month range top under gun after stellar Housing Starts/Perms data Pair probes upper 21-day Bolli at 120.45; offers 120.50/85/121 Low volumes fairly tight weekly Bolli create potential energy for...
EUR/USD 100-DMA pierced, May 11 low eyed
May 19, 2015 12:47 pm UTC| Technicals
US housing data has bears in charge, ECB Coeure comments weighed Solid housing data sends USD US Treasury yields soaring, spreads widen EUR/USD eyes May 11 lows as 100-DMA pierced, test likely as RSIs biased down If...
EUR/JPY up TrendLine off May lows by 134 & oversold hourlies prompt rebound
May 19, 2015 12:39 pm UTC| Technicals
ECB jawboning, weak ZEW resumption of EUR asset buy/hedging weighs on EUR/JPY Overbought bearish divergence sells on dailies yield spread drop are bearish Markets repricing ECB QE flows, yield EUR rebound impact on...
USD/MXN hovers by 15.11, daily pivot supports by 15.0800
May 19, 2015 12:26 pm UTC| Technicals
USD firm as commodities/oil fall, global inflation remains weak USD/MXN hovers by 15.11, near daily pivot in early NorAm trade Support at 55-HMA (15.0796) then lower 21-d Bolli (15.0248) Resistance at thin daily cloud...
EUR/GBP is consolidating between 0.7140 and 0.7280, good to sell on rallies
May 19, 2015 12:19 pm UTC| Technicals
RES 3: 0.7380 (Apr 3rd High) RES3:0.7345 (61.8% retracement of 0.74820 and 0.71217) RES2:0.72820 (May 18th high) RES 2: 0.7240 (200 day HMA) PRICE: 0.722 @12:16 GMT SUP1:0.7205 (50% retracement of...