EUR/USD quiet eyed with most of Asia and Europe out for May Day today
May 01, 2015 02:40 am UTC| Technicals
bln in 1.1200 EUR/USD option expiries anchoring market down Asia range so far 1.1204-25, slightly heavy on light USD buy-backs More vanilla option expiries above and below - bln up top at 1.1250 Large...
EUR/GBP threatens 0.73 after gains thru month-end London fix
Apr 30, 2015 15:45 pm UTC| Technicals
EUR/GBP threatens 0.73 after EUR catches bid thru month-end London fix Early Europe rise to 0.7267 accompanied month-end demand talk 0.7188 was early Europe low. 0.7237 = pullback low from 0.7267 Dip repelled by 10-DMA,...
USD/JPY rise struggles by Kijun, Cloud top by 120.20 key
Apr 30, 2015 14:58 pm UTC| Technicals
Chicago PMI rise being limited by Milwaukee NAPM down side miss USD/JPY so far only got 2 pips past 119.59 daily Kijun hurdle Cloud top down TrendLine From Mar key by 120.20 Overbought hourlies due to unwind; 200-HMA ...
USD/CLP holds 21-DMA resistance by 613, eyes 617.82
Apr 30, 2015 14:30 pm UTC| Technicals
USD/CLP rises near 21-DMA resistance, Chicago PMI data adds to USD euphoria Copper up 1.75% as US recovers/China accommodation, slows USD ascent USD/CLP holds 21-DMA (613) resistance, eyes 617.82 50% Fib of...
GBP/USD threatens 1.5329 after Chicago PMI beat
Apr 30, 2015 14:17 pm UTC| Technicals
GBP/USD extended south to threaten 1.5329 after Chicago PMI beat Upbeat Chicago PMI boost for hawks advocating Fed rate hike in June/Sept 1.5329 was Wednesdays low. 1.54 is now resistance Stops below 1.54 tripped...
USD/JPY tight exiting parameters on the short, 118.75 target
Apr 30, 2015 13:42 pm UTC| Technicals
USD/JPY offer at 119.49 filled with tight exiting parameters on the short Stop at 119.86 is above 119.59 Kijun 76.4% of 120.10-118.50 at 119.72 Oversold daily Slow Stochs lower 21-day Bolli Short-Term buys are a...
EUR/JPY cross past daily Cloud top on short-squeeze; more upside
Apr 30, 2015 13:08 pm UTC| Technicals
Short-squeeze in EUR takes EUR/JPY cross past daily Cloud top 1st time since Jan Big dip after BOJ passes, delays reflation goals to be met; will ease again Daily RSI enters overbought, but newly expanding Bollis...