GBP/USD retreats half-cent+ from 1.5710, profit-taking on longs weighs
May 12, 2015 13:53 pm UTC| Technicals
Cable retreats half-cent+ from 1.5710, deflated by profit-taking on GBP longs Support now lies at 1.5624 (200DMA). 1.5621 was Dec 31 high 1.5710 = London am high after UK data beat, 1.5558 = pre-data low 1.5393 = Monday...
USD/CLP off session highs, holds daily pivot support by 608
May 12, 2015 13:42 pm UTC| Technicals
USD/CLP edged lower, off session highs as US yields move lower Resistance 10-DMA 609.77, down TrendLine/Kijun by 613, 50% Fib by 617.82 Support at 607.89 daily pivot, 602.47 May 8 low, below 592.30 Nov 21 low...
USD/JPY bids above Cloud, but yields & stocks at odds
May 12, 2015 13:39 pm UTC| Technicals
USD/JPY bids above 119.79 Cloud top; export spec offers at 119.50; light stops above Yield rise partially offset by risk-off from stocks, but trying to find a balance Early spike in Treasury other DM bond yields...
AUD/USD threatens Trend-Line off Apr high, spreads & commodities aid lift
May 12, 2015 13:29 pm UTC| Technicals
AUD/USD threatens Trend-Line off Apr high, buoyed by wider spreads commodity bid Firm AUD crosses bullish RSIs help move rally along Breaks put Aprils high in play, market will need help to crack that high Resistance...
EUR/USD eyes 100 DMA support at 1.1219
May 12, 2015 13:25 pm UTC| Technicals
EUR/USD 100 DMA now acts as support at 1.1219 after earlier break 1.1279 stalled the rally earlier, shy of the 1.1290 May 8 high 38.2% of the 1.0521/1.1392 rise is the initial bear target at 1.1059 Intraday supports -...
EUR/JPY held above daily tenkan at 133.64
May 12, 2015 12:45 pm UTC| Technicals
EUR/JPY held above daily tenkan at 133.64; couldnt close sub 23.6% at 133.65 Bund other key bond shorts/equity longs squeezed, short EUR hedges, too Feb high 136.70, 200-DMA 137.30 weekly kijun/50% Fibo key at...
USD/MXN shrugs off higher oil, rallies as global yields continue to rise
May 12, 2015 12:23 pm UTC| Technicals
USD/MXN edges higher, shrugs off higher oil takes cues from firm global rates US 10-yr yields at 6-mos highs, global equities bonds weak as well Resistance at 15.44 May 7 high, 15.478 76.4% Fib of...