USD/SGD pressured after losing foothold at 1.3550
Apr 07, 2015 06:28 am UTC| Technicals
Profit taking fm interbank specs cited on break Short cover in SGD/MYR weigh on USD/SGD, cross last 2.68 fm 2.6750 USD/SGD last 1.3537-41, traded 1.3538-75 range so...
GBP/USD takes support around 1.4730, jump till 1.5058 cannot be ruled out
Apr 07, 2015 05:35 am UTC| Technicals
RES 4: 1.5201 (61.8% retracement of 1.5512 and 1.46340) RES 3:1.5163 (Mar 18thHigh) RES 2: 1.5058 (200 day 4HMA) RES 1: 1.5000 (Previous week high) PRICE: 1.49107@ 05:29 GMT SUP 1: 1.4859 (38.2% retracement of...
USD/JPY is struggling to break below 118, jump till 121 is possible
Apr 07, 2015 05:20 am UTC| Technicals
RES 4: 122.01 (Mar 10th high) RES 3: 121.20 (Mar 20th high) RES 2: 120.35 (31st Mar high) RES 1: 119.96 (200 day 4HMA) PRICE: 119.55 @ 5:11 GMT SUP 1: 119.09 (Kijun-Sen) SUP 2: 118.30 (26th Mar low) SUP 3:...
AUD/USD move higher has been relatively restrained after RBA stayed on hold
Apr 07, 2015 04:48 am UTC| Technicals
Knee-jerk pop to 0.7697 was sold into by macro funds RBA retained dovish bias and maintained bearish view on AUD RBA wants AUD/USD lower and will likely cut rates in coming months to help Support now at...
RBA surprise markets by leaving cash rate unchanged
Apr 07, 2015 04:44 am UTC| Technicals
AUD/USD jumps to 0.7670 bid vs 0.7601 before announcement USD/SGD last 1.3550-55, down from 1.3565 bid before RBA Doubt USD/SGD will have much legs below 1.3550 ahead of MAS next week RBA remains dovish,...
AUD/USD - Pops higher after RBA stays on hold
Apr 07, 2015 04:40 am UTC| Technicals
AUD/USD jumped from around 0.7605 to 0.7697 after RBA stayed on hold Market was pricing in 70% chance of cut so RBA decision a minor surprise Resistance is found at 61.8 of 0.7939/0.7534 move at 0.7785 A...
USD/KRW is holding just above 1090
Apr 07, 2015 04:19 am UTC| Technicals
Low key affair in Asia as trading normalises post long w/e break for many JPY/KRW dealt briefly below 9.10 but market aware of BOKs displeasure USD/KRW sellers half-hearted today - pair up around 0.5% from...