AUD rate cut fears weigh but 78 cents supported
May 04, 2015 04:15 am UTC| Technicals
AUD/USD opened Monday at 0.7845; traded 0.7803-45 in Asia; last 0.7831 AUD local data mostly firm - especially building approvals Negative China HSBC mfg PMI print saw AUD/USD make fresh low at 0.7803 Support...
NZD/USD opened Monday 0.7532 and traded 0.7510-40 in Asia
May 04, 2015 04:08 am UTC| Technicals
Pair finds support ahead of 75 cents solid suggest bounce at some stage Pair heavy from the get go in consideration with soft AUD on rate cut fears Market keen to sell AUD and AUD against its major crosses...
GBP/USD trading in a tight range
May 04, 2015 03:58 am UTC| Technicals
A quiet Asia into the UK bank holiday in observance of May Day Hung parliament indecision expected, but GBP remains elastic Momentum studies 5 dma crest, 10 20 dmas head north with...
GBP/USD long weekly wick suggests huge topside failure
May 01, 2015 14:59 pm UTC| Technicals
GBP/USD bears pile as messy UK election next Thurs comes into focus GBP whacked across board, GBP/USD long weekly wick suggests huge topside failure GBP/USD 1-wk volume hits 16.7% vs 10.2% realised, EUR...
EUR/USD heavy, erases early gains after
May 01, 2015 14:39 pm UTC| Technicals
EUR/USD erases early gains after brief piercing of 76.4 Fib of 1.1534-1.0463 USD bid persists even after ISM miss, US yields rallying, EUR/USD heavy Bear hammer forms and daily RSI diverging at the moment Support in the...
USD/CLP rising with broad USD strength, Repels resistance by 21-DMA near 613
May 01, 2015 13:43 pm UTC| Technicals
USD/CLP rising with broad USD rise (ex-EUR) in light offshore trading, US rate outlook turns up lifts USD Pair repels resistance by 21-DMA near 613, copper rally tempers pace of rise US Markit Mfg PMI at 9.45AM, ISM U...
USD/JPY could clear clear Cloud & TrendLine on solid ISM data
May 01, 2015 13:25 pm UTC| Technicals
USD/JPY rise from 118.05 more about rebound in Fed hike hopes on jobs data Cloud top down TrendLine off Mar-Apr high at 120.05/15 being stalked into US ISM USD/JPY needs solid ISM to clear Cloud TrendLine Offers into...