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USD/JPY recovers from 118.77 level, trend reversal only below 118.16

Apr 17, 2015 05:42 am UTC| Technicals

RES 4: 120.81 (Apr 13th high) RES 3: 120.15 (200 day 4HMA) RES 2: 119.75 (Apr 15th high) RES 1: 119.35 (20 day 4HEMA) PRICE: 118.99 @ 05:40 GMT SUP 1: 118.70 (Apr 3rd low) SUP 2: 118.16...

NZD/USD lower in line with AUD

Apr 17, 2015 04:41 am UTC| Technicals

Ended NY at 0.7672 highest in 3 months-traded 0.7646/0.7674 range thus far in Asia Generalised profit taking weighed, direct and vs EUR after cross hit new low Price action keeps NZD3.4bil 1.0200 23 April...

USD/SGD sideways, going nowhere fast despite surprise jump in NODX

Apr 17, 2015 03:41 am UTC| Technicals

Mar NODX 23.0% m/m, 18.5%y/y vs exp 3.5%m/m and -0.7%y/y Specs also unwilling to push pair much lower after steep fall since MAS Underlying bullish USD bias, slower growth attracts ahead of 1.3454...

USD/THB off lows as BOT under increased political pressure to weaken THB

Apr 17, 2015 03:07 am UTC| Technicals

Pair dips to 32.37 early but ran into quick buying Finance Minister also up calls on BOT to cut key policy rate further Consensus up BOT will cut rates by another 25bps at next MPC meet, 25...

USD/TWD pressured by selling in G10 pairs but downside restricted

Apr 17, 2015 02:51 am UTC| Technicals

Intervention fears, stocks fall supportive on dips below 31.10 so far Taiex -0.77%; semi-conductors, mfg counters hit by earnings fears Pair last 31.11, traded 31.095-31.252 range so...

USD/IDR risks constrict towards 12900, despite BI

Apr 17, 2015 02:24 am UTC| Technicals

Foreign and local buying drove prices up, BI hinders again Pair traded 10850-10875 range so far, BI sold fm 10870 NDFs last 10955-985; JKSE ...

GBP/USD elicited support at 1.4886, UK data Friday

Apr 16, 2015 15:36 pm UTC| Technicals

GBP/USD 1.4886 flips to support after retreating from 1.4942 Stops above 1.4886 (Apr 9 high) were tripped during London am 1.4813 was early Europe low, before squeeze on shorts to 8-day high Key resistance at 1.50...

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Technology

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