EUR/USD jumps off the hourly Bollinger at 1.0820

Mar 30, 2015 08:43 am UTC| Technicals

The heat from an early slide taken out by small bidding around1.0820-25 30H Bolli helped to hold the decline at 1.0820, 200HMA on top at 1.0849 Offers likely to build ahead of the early Europe 1.0880...

AUD/USD dampened by risk of RBA rate cut next week

Mar 30, 2015 08:38 am UTC| Technicals

AUD weighed by expectations of another RBA rate cut next week Pair halts below 0.7710 tripped en route to 0.7684 (10-day low) Interest rate futures indicate 66% probability of 25bp RBA rate cut on Apr...

USD/JPY - 119.75 pivot in focus, spot edges upwards

Mar 30, 2015 08:12 am UTC| Technicals

Widening of 5year UST/JGB yield spread seen today; spot rises correspondingly 30/60-day log correlation between spot yield spread +0.68/+0.60 Spot/Nikkei futures 48/72H log correlation both +0.51 IMM...

GBP/USD, UK election focus

Mar 30, 2015 07:44 am UTC| Technicals

Cable elicits fresh support near 1.48 after early Europe slide 1.4802 = session low vs 1.4901 Asia high. 1.4799 = Fridays low 1.4923 = rally high from 1.4799. Last Thursdays low was 1.4807 SNP may hold...

USD/JPY steady pre-fiscal year-end, range 119.10-33

Mar 30, 2015 06:44 am UTC| Technicals

Nikkei up from early 19,227.29 to 19,474.07, close 19,411.40, +125.77 pts Ascending Ichi kijun at 19,090 remains support, back towards 19,438 tenkan Ichi tenkan, kijun at 119.87, 120.18, descending 100-HMA...

USD/CNH setup suggests consolidation

Mar 30, 2015 05:26 am UTC| Technicals

Fraction firmer in a tight Asian range, after closing 35pts softer in NY 5 10 dma poised for a bullish cross Neutral momentum based on 20 dma falls Resistance levels 6.2248 and 6.2353, 38.2% Fibonacci...

AUD/USD doldrums weighed down by speculative plays

Mar 30, 2015 04:44 am UTC| Technicals

Pair comes up after touching 0.7712 level Market piled back in AUD/USD shorts last week + long EUR/AUD, GBP/AUD Crashing iron ore prices and its reflection on state of Chinese economy worrying Slashing of...