
NZD/USD chart is downbeat, all good news for NZD though USD currently dominates
May 21, 2015 02:59 am UTC| Technicals
NZ budget surplus next year, Moodys approves NZ migration at a record high, provides underlying support Initial support/resistance is seen at 0.7289 and...
USD/INR may trade lower towards 63.50 vs 63.82 yesterday close
May 21, 2015 02:38 am UTC| Technicals
Lower USD overseas, bullish bonds, stocks on rate cut hopes weigh on pair Demand from corps, oilers will likely provide support INR NDFs traded 63.95-64.25 range overnight, closed 64.00-64.03 in...
USD/JPY sees an initial low of 121.05 on selling interest into the Tokyo fix
May 21, 2015 02:36 am UTC| Technicals
Buyers were lying in wait to get long, causing a bounce to 121.21 Japan May flash manufacturing PMI 50.9 from 49.9 April, USD/JPY unaffected No reaction to slightly soft HSBC China flash PMI at 49.1 vs...
USD/JPY popped to 121.49, USD-JPY 2-yr yield spreads lower
May 20, 2015 18:38 pm UTC| Technicals
Fed waiting for data bounce before a hike, too much uncertainty to make early rate hike likely USD/JPY popped to 121.49 on tape-read bids from June hike holdouts on FOMC USD-JPY 2-yr yield spreads lower now since the...
AUD/USD probes stops below 0.7880
May 20, 2015 15:11 pm UTC| Technicals
AUD/USD slipped below support at recent low by 0.7876 Probes stops below 0.7880, bids appear 0.7870 area Multiple MA/Fib support near 0.7850, stops tipped below Close below 0.7850 eyes 50-DMA by 0.7795 and daily cloud...
USD/MXN off early lows, focus on rising US bond yields
May 20, 2015 14:45 pm UTC| Technicals
USD/MXN rising with US yields despite rise in oil Resistance at 15.2919 21-DMA, 15.3210 daily pivot resistance, CB caps 15.4228 Support 15.2076 10-HMA, 15.1640 daily pivot, 15.0546 100-DMA the floor Fed mins tipped...
EUR/USD slide so far stalled above Mar swing high at 1.1062
May 20, 2015 14:35 pm UTC| Technicals
EUR/USD capped by hourly TrendLines, reversed the NY Open rebound Weeks slide so far stalled above Mar swing high at 1.1062, but up TrendLine broken 2-yr Bund-Treasury yield spreads are weighing back by this weeks...