EUR/USD heavy, erases early gains after
May 01, 2015 14:39 pm UTC| Technicals
EUR/USD erases early gains after brief piercing of 76.4 Fib of 1.1534-1.0463 USD bid persists even after ISM miss, US yields rallying, EUR/USD heavy Bear hammer forms and daily RSI diverging at the moment Support in the...
USD/CLP rising with broad USD strength, Repels resistance by 21-DMA near 613
May 01, 2015 13:43 pm UTC| Technicals
USD/CLP rising with broad USD rise (ex-EUR) in light offshore trading, US rate outlook turns up lifts USD Pair repels resistance by 21-DMA near 613, copper rally tempers pace of rise US Markit Mfg PMI at 9.45AM, ISM U...
USD/JPY could clear clear Cloud & TrendLine on solid ISM data
May 01, 2015 13:25 pm UTC| Technicals
USD/JPY rise from 118.05 more about rebound in Fed hike hopes on jobs data Cloud top down TrendLine off Mar-Apr high at 120.05/15 being stalked into US ISM USD/JPY needs solid ISM to clear Cloud TrendLine Offers into...
EUR/NOK looks set for another run at Fibo after last weeks Doji
May 01, 2015 13:17 pm UTC| Technicals
EUR closed above daily trend resistance on Thurs, 8.4380 off Apr 7 high EUR/NOK 21DMA just sitting above market at 8.5110, 200DMA close by at 8.5442 Pair looks set for another run at that Fibo after last weeks...
EUR/USD pierces 76.4 Fib of 1.1534-1.0463, short covers persist
May 01, 2015 12:57 pm UTC| Technicals
EUR broadly bid, especially vs. GBP AUD, aids to keep EUR/USD aloft Short covering keep pair firm, 76.4 Fib of 1.1534-1.0463 pierced RSIs biased up spreads tighten, more fuel for bulls Talk of 1.13 barrier, stops...
EUR/JPY capped by 135.13 Fibo; rapid Bolli expansion hints at more gains
May 01, 2015 12:47 pm UTC| Technicals
EUR/JPY 135.125 high is at 38.2% of the Dec-Apr slide; triggers price pullback Breakout past 135.13 targets 200-DMA (137.40) 50% Fibo/weekly Kijun (137.93) Upper 21-d Bolli at 133.64 is attractive 1st pullback target if...
USD/MXN bid as US hike sentiment pushed up
May 01, 2015 12:28 pm UTC| Technicals
USD/MXN up 0.1%, bid as US hike sentiment pushed up Overnight flows reduced as Europe/LatAm observe May Day holiday US Markit Mfg PMI, ISM U/Mich will be in focus for further direction Resistance at 15.4075 Thurs high...