USD/INR remains stuck in familiar range around 64.0 pivots
Jun 12, 2015 02:39 am UTC| Technicals
Foreign sales in stocks, bullish USD outlook to limit dips May CPI forecast 1.6%y/y vs 2.1% last; IP last 2.8%y/y INR NDFs traded 64.26-64.38 range o/n, closed 64.31-64.36 in...
USD/BRL reverses early gains, finds support by 21-HMA
Jun 11, 2015 18:07 pm UTC| Technicals
USD/BRL reverses early gains by 3.17 high, finds support by 21-HMA (3.1250) Resistance at 3.1712 Thurs high, then 3.2175 upper 21-d Bolli, support 21-HMA, then 21-DMA by 3.0984 BRL weak early after BCB cuts swap r/os, CB...
USD/MXN reverses early gains, eyes Fib support by 15.3773
Jun 11, 2015 16:06 pm UTC| Technicals
USD/MXN reverses early gains above 15.50, moves below Wed low to 15.40 Support 15.3773 50% Fib of 14.9845-15.77, 21-DMA at 15.3500 Resistance at 15.4803 daily pivot and 55-HMA by 15.5163 RM names tipped as USD sellers,...
EUR/JPY losing Bunds' support; techs heavy; yen doubts
Jun 11, 2015 14:50 pm UTC| Technicals
EUR is losing recent support as Bund yields retreating DAX rebounding Greek deal headlines conflicted as usual with IMF doubtful, EG hopeful Key supports 138.02-11 below Weds 138.44 low Rough double-top above 141 ...
USD/CLP reverses post-retail sales high, weak copper weighs
Jun 11, 2015 14:42 pm UTC| Technicals
USD/CLP hovers by 631.50, reverses post-retail sales flash high by 635 Weak copper (-2.25%) weighs on CLP, lower UST yields slows USD ascent 635.20 daily pivot resistance, 640.58 upper 21-d Bolli, 643.33 2015 high SASE...
AUD/USD sees poor price action, 55 & 21-DMA weigh
Jun 11, 2015 14:27 pm UTC| Technicals
Poor price action for AUD/USD bulls as 55 21-DMA weigh daily RSI rolls over Solid Oz jobs sees spike up, most gains erased in Europe, NY erases all 0.7685/00 is support, 10-DMA hourly lows in that area, above...
USD/JPY post retail sales pullback held 50% Fibo; 2-yr spreads lift
Jun 11, 2015 13:40 pm UTC| Technicals
USD/JPY post retail sales pullback held 50% of 122.55-124.19 rise at 123.32, 200-HMA at 124.26 upside pivot Pullback partly due to 10-yr yield spreads falling further as Tresury curve flattened USD/JPY correlation to...