GBP/USD supported by dovish Evans
Mar 25, 2015 11:16 am UTC| Technicals
Pair obtains support from dovish views given by Feds Evans He said USD rise exerts clear disinflationary pressure Cable dropped to 57month low of 1.4635 last week (pre-FOMC statement) Hawks believe Fed...

GBP/USD sees thin resistance until upper 1.4900s
Mar 25, 2015 08:57 am UTC| Technicals
Pair probing through the 100 HMA, hit a fresh session high Thin resistance until the 1.4984/90 region (Mar 24, 23 highs) A break below the 200 HMA at 1.4832, needed by shorts to be in with a chance Aim...

Spot USD/CAD still underpinned by cloud
Mar 25, 2015 08:53 am UTC| Technicals
Market still underpinned by Ichimoku, top comes in at 1.2415 Traders are seeking to get long at 1.2440 Tenkan kijun lines stay aligned positively, possibility for a revival A daily close under 1.2350...
USD/JPY trapped between bids & narrowing 5year yields
Mar 25, 2015 08:44 am UTC| Technicals
Pairs bids likely to be reset at119.50, Japans pension fund interest again tipped at 119.50 Market supported by the rising trend-line from Jan 16 at 119.28 Offers seen ahead of the 120.00 level; pivot...
EUR/USD likely to be capped by rate divergence
Mar 25, 2015 08:41 am UTC| Technicals
US/German 2 year bond spread stable above 80bp Likely to ease pressure on recent bias to trim EUR/USD shorts Since then, 15bp tightening has reduced EUR/USDs downside momentum Trend still very strong and ...
GBP/USD supported by relatively hawkish Shafik
Mar 25, 2015 08:32 am UTC| Technicals
BoE Shafiks hawkish comments, lifted cable helped off 1.4831 Asia low Shafik saysnext move for BOE rates still expected to be up Pairs offers seen at 1.49 (1.4896 was Tuesdays European am...
USD/JPY not able close above 120, decline till 118 is expected
Mar 25, 2015 07:56 am UTC| Technicals
RES 4: 121.50 RES 3: 121 RES 2: 120.68(200 day HMA) RES 1: 120.36 (Cloud top) PRICE: 119.70 @ 07:02 GMT SUP 1: 119.25 SUP 2: 118.69 SUP 3: 118 SUP 4: 116.86 COMMENTARY: USD/JPY is trading around 119.63...