USD/INR likely to range 63.50/70, bullish bonds weigh
May 22, 2015 03:17 am UTC| Technicals
Rate cut hopes by RBI next month boost foreign buying in bonds Weekend USD demand from corps to stall falls though, strong support at 63.50 INR NDFs traded 63.92-64.04 range overnight, closed 63.97-64.02...

USD/MXN capped by Fibo resistance by 15.2600
May 21, 2015 14:52 pm UTC| Technicals
Source: Thomson Reuters USD reverses earlier gains to daily pivot resistance by 15.25, UST yields fall US data mixed on weak existing home sales and Philly Fed data Pair back above daily cloud and 10-DMA support by...

USD/JPY edges lower on US data misses; 120.84 key prop
May 21, 2015 14:37 pm UTC| Technicals
Source: Thomson Reuters Big Exist Home Sales miss, small Philly dip, outweigh + LEI hurt Treasury yields USD/JPY already struggling after mediocre Markit PMI, edges lower Fibo retracements at 120.61 120.07 if...

GBP/USD easing back from 1.15700, 200 DMA is support
May 21, 2015 14:16 pm UTC| Technicals
Source: Thomson Reuters GBP/USD is slipping back from 1.15700 after sailing through 200 DMA in European AM 1.5646 the pullback low. 200 DMA at 1.5585. Todays close will be key A bullish close will reinforce the...
USD/JPY 2-yr USD-JPY yield spreads underpin
May 21, 2015 13:38 pm UTC| Technicals
Source: Thomson Reuters USD/JPY 120.84 low caromed off Aprs high. US Claims good enough 2-yr USD-JPY yield spreads underpin; 10-yr spread drop partly on Japan Treasury buying 121.50 option defense, with stops mixed...

EUR/USD eyes intra-day support near 1.11 as spreads a bit tighter
May 21, 2015 12:54 pm UTC| Technicals
Source: Thomson Reuters EUR/USD sees limited data reaction after somewhat softer than forecast US data, 100-DMA weighing USD firms, EUR/USD eyes intra-day support near 1.11 as spreads a bit tighter 100-DMA limited...

EUR/GBP eyes 2015 lows at 0.7015
May 21, 2015 12:41 pm UTC| Technicals
Source: Thomson Reuters EUR/GBP 2015 lows in sight at 0.7015, little in the way of tech support until there The 2015 base was the lowest the cross has been since Nov 2007 0.6920 was the low that month Pivot point...