USD/MYR opens at 3.5430-80, traded lower initially but reversed
Apr 29, 2015 02:41 am UTC| Technicals
Traders are more confident today, deemed pair oversold Markets also wary of fresh spike in USD if FOMC statement is not dovish Pair last at 3.5530-3.5550, traded 3.5430-3.5535 range so far NDFs last...
USD/JPY slips to new lows on Confidence miss
Apr 28, 2015 14:40 pm UTC| Technicals
Poor US Consumer Confidence pulls USD/JPY prices to new lows Key support at 118.50/21, focus now possible close below the daily Cloud base at 118.94 Treasury yields dip despite hefty rate-locking on large corp issuance,...
EUR/USD gains through the cloud continues
Apr 28, 2015 14:36 pm UTC| Technicals
Traders remain long at 1.0750 for 1.1030, stop raised to 1.0850 Tenkan kijun lines are positive aligned, highlighting the upside potential Market is steadily making its way through the cloud Seems focused on the cloud...
EUR/GBP scope for a break of the 0.7170 session high
Apr 28, 2015 14:17 pm UTC| Technicals
EUR/GBP made a strong hourly gain to form a large white candlestick line Large hourly candlestick line helps bulls, scope for a break of the 0.7170 session high VWAP currently flat at...
EUR/USD pierces 55-DMA, bullish RSIs and tighter yield spreads aid
Apr 28, 2015 13:29 pm UTC| Technicals
EUR/USD pierces 55-DMA, a close above bolsters a bull view Bullish RSIs and slightly tighter yield spreads aid lift to new short-term high Pair could test 1.1050/60 zone pre-Fed, if Fed dovish zone may break Offers...
USD/CLP slips on broad USD weakness, below Apr 8 low at 607.92
Apr 28, 2015 13:11 pm UTC| Technicals
Dollar rout driving regional EM higher, USD/CLP joins in USD/CLP moves below Apr 8 low at 607.92, further China stimulus lift copper CLP Support by lower 21-d Bolli (606.36), then 604.20 Dec 14 low Close below eyes...
AUD/USD eyes late-Jan high near 0.8025
Apr 28, 2015 12:53 pm UTC| Technicals
AUD/USD sets new trend high as stops >0.7950 run, eyes late-Jan high near 0.8025 Rally faders emerge, only slow rise, Fed risk looms, if dovish then rally persists Yield spreads RSIs support view for more gains, dip...