NZD/USD lower highs emerging, 10-DMA limits gains
Jun 04, 2015 13:39 pm UTC| Technicals
NZD/USD continues to range near recent lows, lower highs emerging Bears need a solid US jobs report followed by dovish RBNZ next week Dropping 10-DMA exerts some influence in keeping gains limited If starts align for...
EUR/JPY cleared 61.8% of Dec-Apr slide at 140.73 , yield spreads cap rise
Jun 04, 2015 13:28 pm UTC| Technicals
EUR/JPY cleared 61.8% of Dec-Apr slide at 140.73 before backing off 10-yr Bund yields doubling to 1% this wk attracts Bund buyers/EUR sellers 10-yr JGB yields today broke Mar-May resistance by 48bp, widens Bund-JGB...
EUR/GBP retreats from higher level, good to buy at declines
Jun 04, 2015 13:04 pm UTC| Technicals
RES 4: 0.7525 (50% retracement of 0.80220 and 0.7013) RES 3 0.7480 (May 7th High) RES 2 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 1: 0.7380 (Support turned into resistance) PRICE: 0.7333...
USD/JPY edges higher on Claims dip; ULC surge a threat
Jun 04, 2015 13:04 pm UTC| Technicals
USD/JPY higher on below forecast claims (276k), but ULC surged 6.7% in Q1 ULC surge, falling Productivity threaten Corp Profits, rising income growth Yields spreads lower for change; big spike in 10-yr JGB past recent...
USD/CLP falls to 627 after below forecast US jobless claims
Jun 04, 2015 12:58 pm UTC| Technicals
USD/CLP falls to 627 after US jobless claims data comes in below forecast Weak copper, neutral Chilean rate outlook, rising US yields weigh on CLP USD/CLP rising with upper 21-d Bolli (628.72), resistance at 631.33 76.4%...
EUR/USD heavy after US data, dips near 1.1310
Jun 04, 2015 12:45 pm UTC| Technicals
EUR/USD had slipped in early NY, RM sellers emerged, heavy after US data EUR/USD dips near 1.1310 as spreads edge a bit more in USDs favor Better than forecast claims upward revised labor costs lift USD Treasury...
USD/MXN reverses as UST yields fall, repels resistance ahead of May 1 high
Jun 04, 2015 12:29 pm UTC| Technicals
USD/MXN reverses as UST yields fall, edges off early high 15.5885, 5-week high RM bids tipped on USD/MXN rise from 15, HF said to be on offer above 15.50 Banxico may act to slow peso slide; resistance 15.6690 15 high,...