
GBP/USD mixed signals suggest range bound trading
May 05, 2015 03:21 am UTC| Technicals
UK returns from long weekend- 20pts lower than Fridays NY close Construction PMI leads data risk in London Momentum studies 5 dma crest, 10 20 dmas head north Conflicting signals suggests a period of...
USD/IDR well bid but trades in narrow range, state banks offers cap
May 05, 2015 03:14 am UTC| Technicals
Pair traded 12988-13005 range so far, last at 12995-13000 Stocks ext gain, JKSE last 1.01%, may further limit IDR selling NDFs eased on leveraged sales, last...
AUD/USD edging up & ASX easing as market pares back RBA rate cut expectations
May 05, 2015 02:51 am UTC| Technicals
OIS pricing showing just a 66% chance RBA cuts down from 75% and 80% yesterday Talk of some stops above 0.7860 coming into focus ahead of rate decision ASX was up over 1.0% earlier today and has pared back...
USD/MYR maintains firm bias despite some profit taking sales
May 05, 2015 02:36 am UTC| Technicals
Pair opens at 3.5900-30 and made high at 3.6020 Pair last at 3.6010-30, traded 3.5930-3.6020 range so far Nearby resistance at 3.6090, 24 Apr high Markets await RBA rate decision and...
EUR/AUD 200-DMA repels another lift overnight
May 04, 2015 15:50 pm UTC| Technicals
200-DMA caps lift overnight, Aprils high aids to keep gains tempered RSIs roll over to bolster concerns of those long EUR/AUD pre-RBA Yield spreads have supported recent lift but weak AUD may be on last legs If RBA cut...
USD/MXN holds support by 15.50
May 04, 2015 15:13 pm UTC| Technicals
Mexicos April Mfg PMI data holds steady at 53.8 v March export orders recovering Weak peso make exports more competitive Banxico wary of weak MXN fomenting inflation, ready to act if inflation rises USD/MXN holds...
NZD/USD downside risks up as RSIs biased down
May 04, 2015 15:07 pm UTC| Technicals
NZD/USD bears gaining an edge as three tries to clear 0.7750 fail in April early May Downside risks up as RSIs biased down break below daily cloud NZ Q1 jobs data the risk later, Unemployment rate forecast to improve,...