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USD/JPY sees firm bias on the upside

Mar 09, 2015 08:56 am UTC| Technicals

Scope for gains towards 121.86 - 2014 peak Traders are long at 119.65 for the 121.80 level Trailing stop raised to 120.30 to sustain profit Tenkan kijun lines are aligned positively, shows upside...

USD/MYR under pressure by profit-taking

Mar 09, 2015 08:53 am UTC| Technicals

USD/MYR off highs at 3.6900, profit taking cited Increased selling in NDFs above 3.70, agents and overbought techs weigh Expect fresh buying above 3.6708, Bollinger band top USD/MYR last 3.6775-95, ...

USD/CHF accelerates further

Mar 09, 2015 08:51 am UTC| Technicals

Price accelerates further making fresh highs again today, last at 0.9874 Little resistance till prior lows by the 1.0080 long target Stops raised to under Fridays 0.9723 low to keep good profit on the...

GBP/USD expects full retrace to 1.4952

Mar 09, 2015 06:53 am UTC| Technicals

Pair closed Friday under the 76.4% of 1.4952 - 1.5554 at 1.5094 Cable seeks full retracement to the 1.4952 low from Jan 23 Beyond targets the 1.4814 low from Jul 2013 New lows in Asia at 1.5025, prices ...

USD/JPY remains around 121.00

Mar 09, 2015 06:48 am UTC| Technicals

USD/JPY down to 120.61 early, rebounds to 121.14, at 121.00 since. So-so large $405 mln in vanilla option expiries at 121.00. Nikkei closes off 0.95%, 180.45 points at 18,790.55. USD/JPY bids from near ...

EUR/USD sees 1.0765 as short target

Mar 09, 2015 06:40 am UTC| Technicals

1.0762 is monthly low from Sept 2003 and next downside target. 1.0822 new lows Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 looks realistic Prices closed last month under the 61.8% of this move at...

USD/INR sideways

Mar 09, 2015 06:21 am UTC| Technicals

USD/INR opens higher at 62.70 and traded sideways till now Risk aversion, stocks drop, strong USD rally Pair risks further short cover to 63.00 USD/INR last 62.66-62.69, traded 62.60-62.735 range so...

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