AUD/NZD sees negative signals

Mar 05, 2015 05:49 am UTC| Technicals

Yesterdays 0.53% losses reversed in a sharp rebound in Asia Neutral momentum studies - 5, 10 20 dmas moves lower - modest negative Initial support/resistance earlier 1.0284 low 1.0405, this weeks high ...

NZD/USD remains heavy as AUD holds onto gains

Mar 05, 2015 05:26 am UTC| Technicals

NZD in Asia eyes 0.50% intraday loss so far at 0.7550/55 AUD/NZD corrected on RBA Dep Govs comments, presently at 1.0351/54 Cross was set to recover after 1.0284 historic low Stops seen at 0.7620 but for...

AUD/USD stable despite RBA comments

Mar 05, 2015 05:01 am UTC| Technicals

AUD/USD remains around opening levels in early afternoon trading Only excitement short bout of volatility surrounding RBA Lowes comments Both sides tested on RBA comments but move only sustained in...

EUR/USD sees strong downtrend into ECB

Mar 05, 2015 04:39 am UTC| Technicals

Asia consolidated offshore 0.9% fall in a tight range ahead of ECB ECB expected to raise growth forecasts give QE details Technicals very bearish - 5, 10 20 daily, weekly monthly mas trend...

AUD/CNH sees little change

Mar 05, 2015 04:24 am UTC| Technicals

Result has been intraday volatility cross saw little real change Momentum studies move higher - neutral 5, 10 20 dmas Implies range trading since mid February can...

USD/INR faces strong resistance at 62.30-60

Mar 05, 2015 03:29 am UTC| Technicals

62.28 is 76.4% of recent 62.47-61.64 fall, 62.36 Feb 18 rebound high 62.59 is 50% of Dec 2014-Jan 2015 decline - 62.50 should remian USD/INR may see some demand ahead of India holiday...

AUD/USD spikes higher with AUD/NZD

Mar 05, 2015 02:57 am UTC| Technicals

AUD/NZD rose to 1.0355 from below 1.0300 on short covering AUD/USD struck 0.7840 after RBAs Lowe said AUD closer to appropriate level AUD/USD sellers between 0.7850/60 with resistance at...