GBP/USD - 38.2% fibo helps to cap

Mar 20, 2015 08:17 am UTC| Technicals

Pair met headwind pre-1.4779 in Asia after moving up from 1.4689 1.4779 is 38.2% of 1.4925 (Thursdays London am high) to 1.4689 Fall to 1.4689 triggered by dovish steer from BoEs Haldane Wednesdays...

USD/CHF - 200 HMA suspected cap by 1.0000

Mar 20, 2015 07:02 am UTC| Technicals

Pair moving downward again intraday after the 200/100 HMA weighed on Wed Rally attempts to be capped by 200 HMA at 1.0010. Offer ahead at 1.0000 0.9630 low is near to 100 DMA by 0.9600 Daily oscillators...

USD/INR off early highs

Mar 20, 2015 06:54 am UTC| Technicals

Pair seen off highs on fresh selling interests; supported by profit taking in stocks USD/INR moving slowly lower on selling interests on rallies Positive economic outlook, FII inflows, yield plays...

GBP/USD closes below 10 DMA

Mar 20, 2015 06:35 am UTC| Technicals

Pair rose from Thurs 1.4689 low but close below 10 DMA keeps bearish setup intact 100 HMA/200 HMA at 1.4793/1.4866 resistance ahead of 10 DMA at 1.4882 Sees scope for a return to Weds almost 5 year low at...

Nikkei to new trend/15-year high into close, USD/JPY subdued

Mar 20, 2015 06:26 am UTC| Technicals

Nikkei moved up to 19,565.44 into the TSE close, close 19,560.22. Index rose 83.66 points, up 0.43% over yesterday, new pension buys cited. USD/JPY remained muted after push down from 120.85 to 120.61 then...

EUR/USD steadier into London but in a narrow range

Mar 20, 2015 06:22 am UTC| Technicals

Pair has been rising steadily after yesterdays volatility. 1.0613 broken, 1.0697 highs today On the whole consolidating although in a thin range. 1.0950 is todays low 1.06 zone includes 76.4% fibo of the...

USD/CNY edging closer to midpoint

Mar 20, 2015 05:58 am UTC| Technicals

Pair seen above early 6.1805 low, last 6.1879, still -0.13% on day It has broken 200-DMA at 6.1870 for 1st time since Dec 11, 2014 earlier Pair is down 1.2% since Mon close (sharp move for CNY) vs 0.7% DXY...