Yields & bids helps steady USD/JPY above 118.94 Cloud base
Apr 28, 2015 12:39 pm UTC| Technicals
USD/JPY sold overnight on broad USD unwind, Japan Retail Trade Small Biz Confidence missed on downside USD-JPY yield spreads by last weeks high, N225 futures off days low USD/JPY steady above 118.94 Cloud base, offers...
USD/MXN holds near recent lows by daily Tenkan at 15.30
Apr 28, 2015 12:19 pm UTC| Technicals
USD/MXN supported by daily Tenkan line (15.30), ahead of cloud top Further support seen by cloud top at 15.25, within cloud, 15.21= minor Fib/21-DMA area Resistance at multiple HMAs between 15.35-37, TrendLine by...
EUR/GBP is struggling to break above 0.7237 (200 day 4HMA), decline till 0.7080 is possible
Apr 28, 2015 12:08 pm UTC| Technicals
RES4: 0.7300 RES 3: 0.72793 (61.8% retracement of 0.7379 and 0.7112) RES 2: 0.7237 (200 day 4HMA) RES 1: 0.7210 (Apr 23rd high) PRICE: 0.7145@12:08 GMT SUP 1: 0.7150 (61.8% retracement of 0.70130...
USD/CAD heads south as Aussie steals limelight overnight
Apr 28, 2015 11:45 am UTC| Technicals
Pair opened Noram marts at 1.2059 levels, -26 pips vs the close 1.2057/16 = overnight range, AUD/CAD 0.9576, +0.86%, DXY -0.38% CAD/JPY +0.2%, 98.52, oil futures- Brent -0.17%, WTI -0.4% Aussie boosted by...
EUR/USD is trading near major resistance 1.0935, jump till 1.1035 is possible
Apr 28, 2015 10:33 am UTC| Technicals
RES 4:1.1050 (Mar 26th high) RES 3:1.1035 (Apr 6th High) RES 2: 1.100 RES 1: 1.0935 (61.8% retracement of 1.105 and 1.0520) PRICE: 1.0930@ 10:26 GMT SUP 1: 1.0843 (20 day 4HMA) SUP 2: 1.0765 (200 day...
AUD/USD inching closer to 0.80 pre-RBA rate judgment
Apr 28, 2015 10:22 am UTC| Technicals
0.80 closeness may be crucial to May 5 RBA rate decision 0.7919 is four week high after stops tripped above 0.79 More stops seen at 0.7920-25 above 0.80 Interest rate futures show 50% probability...
EUR/USD focuses on stops above 1.0930
Apr 28, 2015 09:52 am UTC| Technicals
Pair seen easing above 1.0900 as focus shifts to stops above 1.0930 Mons high = 1.0927. 55-DMA at 1.0932. Real money supply seen 1.0950. Widening US/German 2 year spread is in conflict with this...