USD/MYR attracts fresh buying on dips below 3.60
May 13, 2015 02:40 am UTC| Technicals
Ratings cut fear added to support; Fitch reiterate ratings cut possibility Fitch said oil rally fails to allay concerns over Malaysia Pair opens at 3.6050-00, was given; markets cheer lower USD Pair...
NZD lower as market digests comments from RBNZ Wheeler
May 13, 2015 02:37 am UTC| Technicals
Wheeler said current level of NZD unsustainable and they want it lower Cross popped up to close to 1.0850 from just below 1.0800 NZD/USD eased to as low as 0.7362 from just above 0.7400 NZD/USD buyers...
EUR/USD presses 10 & 100-DMAs, dip buyers lurk
May 12, 2015 14:19 pm UTC| Technicals
EUR/USD presses 10 100-DMAs after pullback from overnight high, dip buyers lurk Pair nearing overnight high again on USD swoon Greek bank ELA increase 1.1290/1.1315 needs clearing to see recent bears exit, little...
GBP/USD retreats half-cent+ from 1.5710, profit-taking on longs weighs
May 12, 2015 13:53 pm UTC| Technicals
Cable retreats half-cent+ from 1.5710, deflated by profit-taking on GBP longs Support now lies at 1.5624 (200DMA). 1.5621 was Dec 31 high 1.5710 = London am high after UK data beat, 1.5558 = pre-data low 1.5393 = Monday...
USD/CLP off session highs, holds daily pivot support by 608
May 12, 2015 13:42 pm UTC| Technicals
USD/CLP edged lower, off session highs as US yields move lower Resistance 10-DMA 609.77, down TrendLine/Kijun by 613, 50% Fib by 617.82 Support at 607.89 daily pivot, 602.47 May 8 low, below 592.30 Nov 21 low...
USD/JPY bids above Cloud, but yields & stocks at odds
May 12, 2015 13:39 pm UTC| Technicals
USD/JPY bids above 119.79 Cloud top; export spec offers at 119.50; light stops above Yield rise partially offset by risk-off from stocks, but trying to find a balance Early spike in Treasury other DM bond yields...
AUD/USD threatens Trend-Line off Apr high, spreads & commodities aid lift
May 12, 2015 13:29 pm UTC| Technicals
AUD/USD threatens Trend-Line off Apr high, buoyed by wider spreads commodity bid Firm AUD crosses bullish RSIs help move rally along Breaks put Aprils high in play, market will need help to crack that high Resistance...