USD/CLP drifts lower, US data misses weigh on the peso
May 15, 2015 14:34 pm UTC| Technicals
USD/CLP edges lower after US IP data underwhelms, U Mich disappoints Light support by 592.30 Nov 21 low, then 592.05 Nov 4 low, 573.95 Nov 3 low, resistance at 596.89 daily pivot Weak data likely delays US liftoff, suits...
NZD/USD pierces daily cloud base, holds for now
May 15, 2015 13:45 pm UTC| Technicals
NZD/USD pierces daily cloud base, Empire US IP miss aid a slight bounce Slip on Fonterra news pressed a bit further in NY, little follow through though Downside risks extant though as RSIs are biased down Above...
USD/MXN holds support by 15.0765, eyes 100-DMA by 15.04
May 15, 2015 13:26 pm UTC| Technicals
USD/MXN holds support by 15.0765 the 61.8% Fib of 14.7575-15.5925 range Hovers near thin daily cloud (15.14) recent support MXN lags LatAm peers/DMs during recent USD reversal, bond rout US-MX yield diffs near 370bps in...
EUR/USD sees slight bounce after Empire miss
May 15, 2015 13:07 pm UTC| Technicals
EUR/USD gains slightly after Empire miss, old support near 1.1340 caps the bounce Some support into 1.1300 then by the 10-DMA, larger in 1.1220/50 zone Yield spreads widen a bit daily charts suggest more downside,...
AUD/USD rally off 2015 low intact but more pullback likely
May 15, 2015 12:43 pm UTC| Technicals
AUD/USD sets new high May 14 but closes down RSI diverges, down again today Rally off 2015 low intact but more pullback likely, day RSI needs to unwind 0.7950/70 (5/13 low, 10-DMA) initial support then 0.7860/0.7910...
EUR/GBP is consolidating phase, good to buy at dips
May 15, 2015 10:53 am UTC| Technicals
RES4: 0.7420 RES 3: 0.7380 (Apr 3rd High) RES 2: 0.7270 (200 day HMA) RES 1: 0.7240 (200 day H EMA) PRICE: 0.72215 @10:51 GMT SUP1: 0.7180 (Cloud bottom) SUP2: 0.7165 (61.8% retracement of...

USD/CHF corrective action under way from yesterday's 0.9079 lows
May 15, 2015 10:01 am UTC| Technicals
Switzerland producer import prices fall 5.2% y/y in April Underlying bias stays with bears under 0.9500, 200 DMA is at 0.9512 Resistance is seen at 0.9239, 10...