USD/PHP jumps on negative GDP data
May 28, 2015 02:38 am UTC| Technicals
Pair moving higher on sharp forecast miss on GDP data Philippine Q1 GDP Growth came in at +5.2% from a year ago - forecast +6.6% Pairtrading around 0.44.63 prior - last dealt at...
USD/JPY rally supported by rising yield spreads and stock prices
May 27, 2015 17:52 pm UTC| Technicals
USD/JPY clears modest option defense at nears 124 07 peak at 124.14; stops above Medium-Term Long-Term Fibo objective at 124.90 125.17; key RKO defenses at 125 Rally supported by rising yield spreads and stock...
USD/CLP rises with broad market, eyes upper Bolli resistance
May 27, 2015 17:38 pm UTC| Technicals
USD/CLP rises with broad market on US rate hike Greek liquidity issues Eyes upper Bolli resistance as US yields rise CL-US 5-yr rate diff tightens to 1 mos low by 268bps, US yields rising Higher high higher lows ...
NZD/USD eye 2015 low, break there eyes 2011 low
May 27, 2015 16:51 pm UTC| Technicals
NZD/USD bears in charge eye 2015 low, test looks likely for now Fonterra forecast for farmgate milk price season ending May 16 expected later A weak forecast likely hits NZD as chance of RBNZ cut might then be...
USD/BRL threatens big breakout on Trendline break
May 27, 2015 15:40 pm UTC| Technicals
USD/BRL 1-Mth BMF NDF range 3.1700/3.2170, serious trendline break Big offshore USD buyer yesterday today, Interbank fronting RM Pair cleared the April 7th 3.1750 high, target 3.2300/2500 Onshore spot 3.1510/3.1855,...
EUR/GBP extends to new lows after hourly cloud weighs
May 27, 2015 13:33 pm UTC| Technicals
EUR/GBP extends to new lows for this move after the hourly cloud weighs Below 0.7015 targets long-term fibo at 0.6654 (76.4% of 0.5681 - 0.9805) Short in play targeting the 2015 low at 0.7015 Stops lowered to above the...
GBP/JPY next key hurdle at 192.46; Fibo targets upper 190s
May 27, 2015 13:25 pm UTC| Technicals
GBP/JPY next key historical hurdle is the Mar 08 spike low at 192.46 61.8% of the 07-11 drop 161.8% off the 11 base are at 199.79 198.35 Those bullish structures retrace well to key 14 lows Post UK election lift,...