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EUR/USD eyes 100 DMA support at 1.1219

May 12, 2015 13:25 pm UTC| Technicals

EUR/USD 100 DMA now acts as support at 1.1219 after earlier break 1.1279 stalled the rally earlier, shy of the 1.1290 May 8 high 38.2% of the 1.0521/1.1392 rise is the initial bear target at 1.1059 Intraday supports -...

EUR/JPY held above daily tenkan at 133.64

May 12, 2015 12:45 pm UTC| Technicals

EUR/JPY held above daily tenkan at 133.64; couldnt close sub 23.6% at 133.65 Bund other key bond shorts/equity longs squeezed, short EUR hedges, too Feb high 136.70, 200-DMA 137.30 weekly kijun/50% Fibo key at...

USD/MXN shrugs off higher oil, rallies as global yields continue to rise

May 12, 2015 12:23 pm UTC| Technicals

USD/MXN edges higher, shrugs off higher oil takes cues from firm global rates US 10-yr yields at 6-mos highs, global equities bonds weak as well Resistance at 15.44 May 7 high, 15.478 76.4% Fib of...

EUR/USD is facing resistance around 1.1290, good to buy at dips

May 12, 2015 11:26 am UTC| Technicals

RES4:1.11532 (Feb 3rd high) RES3: 1.1427 (161.8% retracement of 1.12889 and 1.1065) RES 2: 1.13689 (May 6th high) RES 1: 1.1290 (May 1st high) PRICE: 1.12397@ 11:25 GMT SUP 1: 1.1200 (200 day HMA) ...

EUR/GBP pares its gains in European session, good to sell on rallies

May 12, 2015 11:15 am UTC| Technicals

RES 2: 0.7380 (Apr 3rd High) RES 3: 0.7325 (200 day HMA) RES2: 0.7260 (May 11th high) RES1 :0.7225 (Support turned in to resistance) PRICE: 0.7177 @11:06 GMT SUP1: 0.7156 SUP 2:0.7115 (23rd...

NZD/USD recovers from intraday low, good to sell on rallies

May 12, 2015 09:15 am UTC| Technicals

RES4: 0.7497 (200 day HMA) RES3:0.7425 (23.6% retracement of 0.7740 and 0.7327) RES2: 0.7405 (55 day H EMA) RES 1: 0.7380 (Support turned into resistance) PRICE: 0.7366@09:11 GMT Sup1: 0.7315 SUP2: 0.7274 (Mar...

USD/SGD maintains bullish bias, bids cited at 1.3370-80

May 12, 2015 06:16 am UTC| Technicals

Risk aversion, bullish USD/JPY underpin Pair last at 1.3385-90, traded 1.3364-1.3401 Resistance at 1.3450 50% and 1.3520 61.8% Fibonacci...

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