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NZD/USD is trading near major support 0.7420, decline till 0.7380 is possible

May 11, 2015 08:53 am UTC| Technicals

RES4: 0.7620 (61.8% retracement of 0.7742 and 0.7420) RES3:0.7536 (200 day HMA) RES2: 0.7500(May 8th high) RES 1: 0.7435 (Kijun-Sen) PRICE: 0.7382 @08:47 GMT SUP 1: 0.7380 (61.8% retracement of 0.7160 and...

USD/SGD proceeding higher, tracks rally in USD/JPY, lower AUD, NZD

May 11, 2015 05:58 am UTC| Technicals

Macros and models boosted buying momentum above 1.3330 Pair last at 1.3348-55, traded 1.3357 high so far Nearby target at 1.3381 May 5 high, 1.3436 Apr 24 high...

USD/JPY takes support near 200 day HMA, jump till 120.50 is possible

May 11, 2015 05:29 am UTC| Technicals

RES4 122.01 (Mar 10th High) RES 2 :121.18 RES 2 120.80 (13th Apr high) RES1:120.50 (May 5th high) PRICE: 119.90 @ 05:25 GMT SUP1: 119.60 (200 day HMA) SUP 2: 119.19 (May 6th low) SUP 3 118.48...

USD/INR to open lower on profit taking in NDFs

May 11, 2015 03:20 am UTC| Technicals

Pair likely to trade 63.70-64.20, eyes stocks/bond flows Sensex closed +1.9% on Friday but foreigners remained net sellers of bln NDFs traded 64.10-64.41 o/n, closed 64.10-64.15 in...

USD/JPY better bid, broad USD strength, early low 119.40, and high 119.89

May 11, 2015 03:14 am UTC| Technicals

Ichimoku cloud 119.34-76, kijun 119.67, tenkan 119.50, all accommodating Recent range 118.50 (4/30)-120.84 (4/13), modest to suggest break-out Japanese officials seen happy with current FX levels, BoJ...

USD/MYR opens at 3.5850-3.5900 and shot up higher since

May 11, 2015 02:52 am UTC| Technicals

Traded to 3.6080 high last, some selling into morning fix Markets await March industrial output, exp 4.5%y/y vs 5.2%y/y previous Pair last at 3.6035-55, NDFs 3.6110-50; KLCI...

NZD/USD would target 0.7325, RBNZ Wheeler speaks Wednesday

May 11, 2015 02:45 am UTC| Technicals

Some bank analysts made dovish RBNZ rate revisions Swaps now price a July 25pt cut @ 46% from 28% NZD now stalled around 0.7402, 61.8% of March/April...

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