NZD/USD trading higher but all depends on RBA rate decision releasing after 1 hour
May 05, 2015 03:28 am UTC| Technicals
AUD/USD testing 0.7860 with NZD/USD tagging along AUD/NZD back above 1.0400 but all depends on rate decision Traders stick with view that RBA cuts but certainly not clear cut anymore IF RBA doesnt cut AUD...

GBP/USD mixed signals suggest range bound trading
May 05, 2015 03:21 am UTC| Technicals
UK returns from long weekend- 20pts lower than Fridays NY close Construction PMI leads data risk in London Momentum studies 5 dma crest, 10 20 dmas head north Conflicting signals suggests a period of...
USD/IDR well bid but trades in narrow range, state banks offers cap
May 05, 2015 03:14 am UTC| Technicals
Pair traded 12988-13005 range so far, last at 12995-13000 Stocks ext gain, JKSE last 1.01%, may further limit IDR selling NDFs eased on leveraged sales, last...
AUD/USD edging up & ASX easing as market pares back RBA rate cut expectations
May 05, 2015 02:51 am UTC| Technicals
OIS pricing showing just a 66% chance RBA cuts down from 75% and 80% yesterday Talk of some stops above 0.7860 coming into focus ahead of rate decision ASX was up over 1.0% earlier today and has pared back...
USD/MYR maintains firm bias despite some profit taking sales
May 05, 2015 02:36 am UTC| Technicals
Pair opens at 3.5900-30 and made high at 3.6020 Pair last at 3.6010-30, traded 3.5930-3.6020 range so far Nearby resistance at 3.6090, 24 Apr high Markets await RBA rate decision and...
EUR/AUD 200-DMA repels another lift overnight
May 04, 2015 15:50 pm UTC| Technicals
200-DMA caps lift overnight, Aprils high aids to keep gains tempered RSIs roll over to bolster concerns of those long EUR/AUD pre-RBA Yield spreads have supported recent lift but weak AUD may be on last legs If RBA cut...
USD/MXN holds support by 15.50
May 04, 2015 15:13 pm UTC| Technicals
Mexicos April Mfg PMI data holds steady at 53.8 v March export orders recovering Weak peso make exports more competitive Banxico wary of weak MXN fomenting inflation, ready to act if inflation rises USD/MXN holds...