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Market Analytics:FBS Markets Inc.

 

 

 

 

 

 

 

 

 

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AUD/USD: technical picture

 

AUD/USD opened the week with a gap down and tested the key support at $1.0350, but then rebounded to $1.0395.

 

We would recommend waiting a little bit: the current technical picture remains unclear. Rise above $1.0500 is needed to return the bullish scenario. In this case it would make sense to buy AUD/USD with a target at $1.0600 and a stop at $1.0450.

 

However, the current picture counts in favor of sales. A slide below $1.0350 would confirm a double top formation and pull Aussie into the daily Ichimoku. Offers are seen at $1.0400, $1.0440/50 and $1.0480, while bids - at $1.0350/40 and $1.0300.

 

 

 

Chart. Daily AUD/USD

 

 

 

 

 

 

 

 

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CFTC: speculators raised USD longs

 

Here are the essentials of the latest Commitments of Traders (COT) report, released on Friday, April 5, by the Commodity Futures Trading Commission (CFTC) for a week ended April 2.

 

Large speculators raised the value of USD net long positions from $24.8 bln to $26.3 bln (new high since July 2012). The players significantly increased their net bearish bets against EUR, while JPY shorts were reduced.

 

It’s necessary to note that the figures cited above are always a week old at the time of their release. Never the less, CFTC data gives a good oversight into how the market is positioned and if/how these positions are being unwound. Although the CME speculators represent a small fraction of trading in the currency markets, their trades are widely seen as typical of hedge fund investors' currency movements.

 

 

 

 

 

 

 

 

 

 

 

 

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UBS: comments on FX majors

 

Analysts at UBS point out that last week’s USD strength seems to be declining.

 

EUR/USD: Bearish view. Broader picture is still bearish and upside should be limited. Resistance is at $1.3048 and $1.3115, while support is at $1.2858 and $1.2746.

 

GBP/USD: Neutral view. Important resistance is at $1.5424. A close above this level will allow sterling to rise to $1.5606. Support lies at $1.5200 and $1.5034.

 

USD/JPY: Bullish view. There’s an important resistance at 99.85. A break above this level will open the way to 101.45. Support is at 95.77.

 

USD/CHF: Neutral view. Critical support is at 0.9230. A break below this level will make the pair vulnerable for a slide to 0.9150. Resistance is at 0.9434 and 0.9567.

 

 

 

 

 

 

 

 

 

 

 

 

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April 10: Asian session

 

 

USD/JPY is consolidating above 99.00. The market is bearish on yen due to the bank of Japan’s excessive monetary stimulus. The BOJ Governor Haruhiko Kuroda will speak at a Yomiuri newspaper event on Apr. 12.

 

Asian shares rose after Wall Street closed at a record high overnight and Chinese trade data signaled a recovery in the world’s second largest economy was gathering strength – the nation’s imports increased more than expected, gaining 14.1% y/y, while annual exports added 10.0%, in line with forecasts. AUD/USD rose above $1.0500. NZD/USD tested levels above the Feb. high of $0.8533.

 

EUR/USD continues its gradual appreciation, holding at $1.3090 after having tested $1.3100 yesterday. Market sentiment improved as risk of negative headlines from periphery countries declined. Buyers were inspired by yesterday’s positive German trade figures.

 

GBP/USD holds a bit below the yesterday’s 6-week high of $1.5340. Demand for the pound was supported by positive UK industrial production figures, released yesterday. USD/CHF is trading on the downside, trying to hold above yesterday’s low of 0.9307. USD/CAD remains sideways around 1.0150.

 

 

Image: WSJ

 

 

 

 

 

 

 

 

 

 

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Key options expiring today

 

Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT).

 

Here are the key options expiring today:

 

EUR/USD: $1.2900, $1.2980, $1.3085, $1.3125, $1.3200;

GBP/USD: $1.5200, $1.5300;

USD/JPY: 98.00, 98.50, 99.00, 99.50, 100.00, 102.00;

AUD/USD: $1.0350, $1.0400, $1.0415, $1.0450, $1.0550;

EUR/CHF: 1.2150, 1.2200, 1.2350;

AUD/JPY: 98.60.

 

 

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AUD/USD is testing $1.0520

 

On Wednesday Australian dollar printed a fresh 10-week high of $1.0520 despite the fact that Westpac consumer sentiment dropped by 5.1% in April. Late Tuesday the RBA member John Edwards said the elevated currency was hurting the economy but not at a level that required an interest rate cut. Aussie was also supported by data that showed exports to China, the country's largest trading partner, rose by 18.4% over the last year.

 

The pair is moving up for three days in a row after having bounced from the $1.0350 support on Monday. Yesterday AUD/USD managed to break above $1.0500. However, this level acted as a resistance: the pair closed the day at $1.0490. Note that yesterday the 50-day EMA crossed the 100-day EMA bottom up (bullish sign).

 

A break above $1.0520 (2011-2013 trend line) would be a strong buying signal. However, we concede some consolidation here. One may see a MACD divergence on a daily chart. Our next target lies at $1.0600.

 

On Thursday traders will focus on Australian labor market data. Economists expect the unemployment to remain steady at 5.4%, while number of employed people is forecasted to contract by 6.7K (negative factor for AUD/USD). Negative employment figures are very likely to slow AUD/USD growth.

 

 

Chart. Daily AUD/USD

 

 

 

 

 

 

 

 

 

 

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April 11: Asian session

 

 

EUR/USD is trading in the vicinity of $1.3070 after having tested $1.3120 on Wednesday. The downward correction looks natural after 5 days of gains. Portugal woes are also weighing on the sentiment: the country was said to need new budget cuts to unlock longer-term loans from the EU.

 

USD/JPY is trading a bit on the downside, below 99.87. Yen’s decline to the level of 100 yen per dollar halted after official data showed Japanese investors sold foreign bonds.

 

AUD/USD declined from the peaks around $1.0550, but stays above $1.0500. Aussie declined as Australia’s unemployment rate unexpectedly rose to 5.6% in March (forecast: 5.4%), while the number of employed people contracted by 36.1K.

 

NZD/USD almost reached $0.8600, the highest level since July 2011. Kiwi rose after New Zealand’s finance minister English said chances of higher interest rates is more likely should house price inflation stay at current rate. According to English, the country is headed for a budget surplus in 2014/2015, projecting a 20% reduction on debt to 20% by 2020.

 

GBP/USD holds at $1.5330. Cable’s upside remains capped at $1.5350. USD/CHF is trading sideways around 0.9320. USD/CAD slipped to 1.0140. According to Reuters survey, the BoC rate hikes expectations increased.

 

 

 

 

 

 

 

 

 

 

 

 

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Key options expiring today

 

Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT).

 

Here are the key options expiring today:

 

EUR/USD: $1.2900, $1.2980, $1.3085, $1.3090, $1.3100, $1.3115, $1.3125, $1.3200;

GBP/USD: $1.5050, $1.5200, $1.5300;

USD/JPY: 96.90, 98.00, 98.50, 99.00, 99.50, 99.70, 100.00, 100.20;

AUD/USD: $1.0450, $1.0480, $1.0485, $1.0500, $1.0525, $1.0550;

EUR/CHF: 1.2150, 1.2200, 1.2350;

AUD/JPY: 98.60.

 

 

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AUD/USD dipped on employment figures

 

Australian dollar came under pressure as the negative employment figures fuelled speculation that RBA will lower borrowing costs to support growth. Australia’s unemployment rate unexpectedly rose to 5.6% in March (forecast: 5.4%), while the number of employed people contracted by 36.1K.

 

NAB: The prospect of a rate cut is back on the table, especially if the Q1 CPI (April 24) is well behaved. A May rate cut still looks too early, given the recent strength in retail sales and the small gains in house prices. A June cut is more likely.

 

AUD/USD slipped by 50 pips from the 2.5 months high of $1.0550 following the downbeat data. However, losses were limited by the $1.0500 support. Later in the day Aussie rebounded to $1.0530.

 

The medium-term technical picture remains bullish. A break below $1.0450 is needed to alleviate the upside pressure. The next targets are seen at $1.0600 and $1.0625.

 

Chart. H4 AUD/USD

 

 

 

 

 

 

 

 

 

 

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USD/CHF: not a bright picture

 

USD/CHF is testing levels below 0.9300 (psychological level) and 0.9290 (100-day MA, 50% retracement of the advance from Feb. to Mar.). The pair’s now very close to breaching the weekly Ichimoku Cloud at 0.9268.

 

There’s convergence on H4, so US dollar may try to correct higher. Yet, the outlook for the pair will remain negative until the greenback’s trading below the 200-day MA just above 0.9400. The next downside targets lie at 0.9255, 0.9230 and 0.9200. Resistance lies at 0.9300, 0.9330 and 0.9350/60.

 

Chart. Daily USD/CHF

 

 

 

 

 

 

 

 

 

 

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April 12: Asian session

 

 

The greenback weakened versus the majority of its counterparts ahead of data forecast to show US retail sales stalled in March adding to signs the Fed will need to maintain its monetary stimulus.

 

USD/JPY almost reached 100.00 yesterday, but slipped to 99.35 today. Japan released the Tertiary industry index (1.1% vs. 0.8% forecast). The speech of the Bank of Japan’s Governor Kuroda who said that the easing policy may last more than 2 years didn’t move the markets.

 

AUD/USD is trading on the upside, around $1.0550 after forming a spinning top with long shadows yesterday. On Thursday Aussie came to almost a 3-month of $1.0582. NZD/USD reached $0.8676 yesterday. Today kiwi has eased down, but still remains above $0.8600.

 

EUR/USD consolidates around $1.3115, a bit down from yesterday’s high of $1.3135. Yesterday the Eurogroup head Dijsselbloem told that Ireland and Portugal will most probably be granted a 7-year extension on the maturities of their bailout loans. Today watch for more headlines from the Eurogroup and ECOFIN meetings.

 

GBP/USD remains sideways after having tested a two-month high of $1.5410 yesterday. USD/CHF is testing the support of the 100-day MA at 0.9290. USD/CAD hovers around 1.0100 following yesterday’s dip to 1.0080 on the back of growing appetite for risk assets.

 

 

 

 

 

 

 

 

 

 

 

 

 

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Key options expiring today

Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT).

 

Here are the key options expiring today:

 

EUR/USD: $1.2975, $1.3000, $1.3050, $1.3100, $1.3120, $1.3130, $1.3160;

GBP/USD: $1.5275, $1.5325, $1.5375;

USD/JPY: 98.00, 98.50, 99.00, 99.50, 99.60, 100.00, 100.20;

AUD/USD: $1.0495, $1.0550, $1.0600;

USD/CHF: 0.9375.

 

 

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April 15: Asian session

 

 

Weaker-than-expected Chinese data has determined trading picture in Asia. The nation’s GDP came at 7.7% y/y in Q1 (forecast: 8.0%; prev.: 7.9%), while industrial production added only 8.9% in Mar. (forecast: 10.1%; prev.: 9.9%).

 

USD/JPY opened with a 40-pip gap down and is testing levels below 98.00. Yen rose as safe haven against its main counterparts. The US Treasury Department said on Friday that it would watch Japan to ensure its policies were not aimed at weakening its currency. BOJ Governor spoke today, but didn’t say anything new. Kuroda will deliver another speech at 06:15 GMT.

 

Aussie and kiwi dropped by the most in almost 2 months against US dollar. AUD/USD gapped down and slid from the levels around $1.0500 touching $1.0416 during the Asian trade. NZD/USD gapped down and fell to the $0.8500 area.

 

EUR/USD dipped to $1.3065, pressured by the fears of global slowdown. On Friday the pair closed at $1.3100. The euro zone’s economic background remains relatively stable. On Friday EU ministers agreed to give 7 more years to Portugal and Ireland to repay their bailout loans. ESM is expected to grant Cyprus a 10 bln euro bailout on April 24.

 

GBP/USD keeps moving down from the $1.5410 high. The cable tested $1.5310 earlier in the session, but then has rebounded to $1.5330. USD/CHF opened with a gap down at 0.9265, but then rose to 0.9300. USD/CAD rocketed by 70 pips from 1.0130. The upside remains capped by the 1.0200 hurdle. Traders should be aware of the BoC rate statement coming on April 17.

 

 

 

 

 

 

 

 

 

 

 

 

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April 16: Asian session

 

 

USD/JPY rose to 97.70 after hitting 95.77 earlier in Asia. The ECB President Mario Draghi said yesterday there is no currency war. Earlier the US Treasury said Japan must refrain from competitive devaluation of yen. Finance ministers and central bankers from the G20 nations will gather this week in Washington.

 

US dollar weakened versus most of its counterparts before US data that may show inflation was contained and growth in industrial production slowed. AUD/USD dropped from $1.0500 to $1.0300 yesterday. Today Aussie manages to recover to the levels above $1.0350. NZD/USD tested levels below $0.8400 yesterday sinking by 2.1%, the most since Nov. 2011, but recovered to the levels around $0.8480 today.

 

EUR/USD recovered back to $1.3080 as risk sentiment improved a little. On Monday the pair found support at $1.3030. Pay attention to Germany’s the euro zone’s ZEW economic sentiment and CPI figures.

 

GBP/USD returned to $1.5300 after having dipped below this level earlier in the session. Great Britain is scheduled to release a bunch of inflation data. USD/CHF is probing levels below 0.9300. USD/CAD slipped back to 1.0215 from the Monday’s high of 1.0260.

 

 

 

 

 

 

 

 

 

 

 

 

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Key options expiring today

 

 

Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT).

 

Here are the key options expiring today:

 

EUR/USD: $1.2860, $1.2975, $1.3000, $1.3045, $1.3050, $1.3065, $1.3100, $1.3150, $1.3200;

GBP/USD: $1.5400;

USD/JPY: 97.00, 97.50, 98.00, 99.00, 99.50;

AUD/USD: $1.0500;

EUR/AUD: 1.2600.

 

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EUR/USD: short-term technical picture

 

 

EUR/USD slid by about 80 pips yesterday. The pair found support at $1.3020 and today retraced 61.8% of this move rising to $1.3080.

 

There are enough negative signals. On H1 we see that the single currency’s trading within the declining channel since Thursday and is capped by 100-hour MA. On the daily chart, there’s a bearish engulfing pattern, while 50-day MA slid below the 100-day one. Yesterday the prices closed below the important level of $1.3050.

 

Yet, daily MACD went above 0 and on H4 the 50-period MA went above the 200-period one supporting the prices. Support lies at $1.3020 and $1.2970 (23.6% Fibo). Resistance is at $1.3125 (32.8% Fibo) and $1.3040. For the picture to become positive euro has to fix above these levels. In this case we would get a bullish flag and euro’s recovery would resume. One may trade on the breach of support/resistance lines.

 

Chart. H4 EUR/USD

 

 

 

 

 

 

 

 

 

 

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EUR/USD: recent developments and coming events

Analysts at TD Securities point out that the Troika’s next Greek disbursement, Portugal’s bailout review, and whether Italy can form a government will all be the regional focuses this week.

 

After more than a month of talks Greece and Troika reached an agreement on conditions related to the next payment of aid, including firing state workers. The statement released on Monday said that the disbursement of 2.8 billion euro ($3.7 billion) remaining from the previous review could be agreed “soon” by the euro-area member states.

 

Spain has requested more time from the EU to reduce its fiscal deficit in line with European rules. A government source told Reuters last week that the country would now increase its 2013 deficit target to 6% of GDP and is negotiating with the European Commission for more time to cut its fiscal gap to 3% of GDP, currently targeted for 2014.

Last week the European officials agreed to allow Ireland and Portugal 7 more years to pay back their bailout loans.

 

On Thursday Italian parliamentarians will start the process of electing a successor to President Giorgio Napolitano – this will take several days.

 

Photo: Thomas Lohnes | AFP | Getty Images

 

 

 

 

 

 

 

 

 

 

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USD/JPY: buy above 98.00 yen

 

 

USD/JPY rebounded from daily lows of 95.70, but was capped by the offers clustered in the 97.70/98.00 area. Buy stops are concentrated right above this level. Traders remain wary of yen-shorting ahead of the G20 meeting on Thursday: other countries may express discontent by the yen’s drop, accelerated by the BoJ easing. Recent sell-off in commodities is limiting USD/JPY’s rise.

 

Markets are paying special attention to the Softbank/Sprint deal: in case if it doesn’t take place, Softabank will sell $20 bln what will surely drive USD/JPY lower.

 

Technical picture is improving: the pair is about to rise abive the H4 Ichimoku. We recommend buying USD/JPY on a break above 98.00/98.25 with a target of 100.00 yen. Selling USD/JPY remains a risky trade.

 

Chart. H4 USD/JPY

 

 

 

 

 

 

 

 

 

 

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April 17: Asian session

 

 

 

 

USD/JPY rose to 98.40. Yen fell as gold prices steadied after a plunge earlier this week. The market’s sentiment which was affected by the concerns about Chinese growth slowdown started restoring.

 

US dollar recovered today versus the higher yielding currencies correcting after yesterday’s slide. AUD/USD almost reached $1.0400 yesterday, but is now again testing $1.0350 to the downside. NZD/USD touched $0.8500 yesterday, but then slid to $0.8460. New Zealand CPI came in exactly in line as expected at +0.4% q/q.

 

EUR/USD consolidates around $1.3180 after yesterday’s impressive jump to $1.3200. The single currency joined a new wave of risk appetite on the back of better than expected corporate earnings, metals bounce and housing data in the US.

 

GBP/USD holds at the yesterday’s close level of $1.5360. Yesterday the pound jumped from the levels below $1.5300 on the improved risk sentiment. USD/CHF fell yesterday below 0.9300 and is now trying to hold around 0.9230. USD/CAD recovered to1.0230 after having dropped to 1.0200 on Tuesday. Yesterday’s data showed Canadian Manufacturing sales improved significantly.

 

 

 

 

 

 

 

 

 

 

 

 

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NZD/USD declined after the CPI report

 

 

Last week NZD/USD has peaked to $0.8676, the maximal level since Aug. 2011. On Monday kiwi slid by about 160 pips and tested the levels below $0.8400. Yesterday the pair recovered forming a bullish piercing line pattern, but today US dollar is trying to strengthen.

 

New Zealand’s consumer prices increased 0.9% from a year earlier in line with forecasts. The central bank targets annual inflation at 1-3%, so the Reserve Bank of New Zealand has room now with this data to keep rates unchanged for longer. The RBNZ will meet next week on Wednesday, April 24. NZ Finance English said yesterday that NZD is overvalued and the country will faces challenges if the currency is higher than $0.8600.

 

Resistance lies at $0.8500/10 (resistance line from 2011 highs), $0.8533 (Feb. high), $0.8565/88 (gap). Support is at $0.8400, $0.8350, $0.8300. On H4 the prices slid below the Ichimoku Cloud. The near-term picture will improve if kiwi rises above $0.8500. Otherwise, more of the support will be tested.

 

Chart. Daily NZD/USD

 

 

 

 

 

 

 

 

 

 

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Key options expiring today

 

Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT).

 

Here are the key options expiring today:

 

EUR/USD: $1.3035, $1.3100, $1.3125;

GBP/USD: $1.5150, $1.5300, $1.5310, $1.5385;

USD/JPY: 96.00, 97.50, 98.00, 99.50, 100.30;

USD/CAD: 1.0125, 1.0200;

AUD/USD: $1.0400, $1.0500, $1.0575, $1.0625.

 

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April 17: Asian session

 

 

 

 

USD/JPY rose to 98.40. Yen fell as gold prices steadied after a plunge earlier this week. The market’s sentiment which was affected by the concerns about Chinese growth slowdown started restoring.

 

US dollar recovered today versus the higher yielding currencies correcting after yesterday’s slide. AUD/USD almost reached $1.0400 yesterday, but is now again testing $1.0350 to the downside. NZD/USD touched $0.8500 yesterday, but then slid to $0.8460. New Zealand CPI came in exactly in line as expected at +0.4% q/q.

 

EUR/USD consolidates around $1.3180 after yesterday’s impressive jump to $1.3200. The single currency joined a new wave of risk appetite on the back of better than expected corporate earnings, metals bounce and housing data in the US.

 

GBP/USD holds at the yesterday’s close level of $1.5360. Yesterday the pound jumped from the levels below $1.5300 on the improved risk sentiment. USD/CHF fell yesterday below 0.9300 and is now trying to hold around 0.9230. USD/CAD recovered to1.0230 after having dropped to 1.0200 on Tuesday. Yesterday’s data showed Canadian Manufacturing sales improved significantly.

 

 

 

 

 

 

 

 

 

 

 

 

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Market Analytics:FBS Markets Inc.

 

 

 

 

 

 

 

 

 

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EUR/USD keeps recovering

 

 

EUR/USD jumped yesterday to $1.3200, the highest levels since the end of Feb., and closed above $1.3140 (100-day MA and the top of the weekly Ichimoku Cloud). Uptrend resumed after the pair formed a flag. The prices try to enter the daily Ichimoku Cloud (bottom at $1.3167).

 

Note that there’s a diversion on H4 MACD and RSI – a sign of a potential downward correction. This may represent an opportunity to buy lower, around $1.3115. Watch the Fed’s Beige Book today.

 

Commerzbank: Euro will fail ahead of $1.3225 (50% retracement of this year’s decline). On the downside, the single currency will find support at $1.3027/22 ahead of $1.2922.

 

UBS: Euro faces a strong resistance at $1.3228. If the bulls break above this level, EUR/USD will get chance to rise to $1.3340 (61.8% Fibo). Support is at $1.3022.

 

Chart. H4 EUR/USD

 

 

 

 

 

 

 

 

 

 

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April 18: Asian session

 

Asian trading took place in narrow ranges after big swings during the European and US sessions.

 

USD/JPY is trading around 98.00. Market players think that Japan will escape criticism for weakening its currency at a G20 meeting starting today. At the same time, Japanese data showed domestic investors sold foreign bonds for a fifth week, casting doubt on whether monetary stimulus will continue to weaken yen. Japan showed again a wide trade deficit, though slightly better than the previous one.

 

Gold returned above $1,360 from the day’s low at $1,336. AUD/USD has been fluctuating in a 50-pip range around $1.0300. Business confidence slightly improved in Australia. China’s economy enjoys investment inflow. NZD/USD edged a bit higher to $0.8450.

 

EUR/USD is trading around $1.3040 following the yesterday’s drop to $1.3000. Euro was driven down by the combination of dovish comments from an ECB Weidmann and a more positive Federal Reserve Beige Book report.

 

GBP/USD is consolidating in the $1.5260/20 area. Pound dropped as the UK unemployment rate climbed and wage increases slowed, adding to signs the economy is weakening. The Bank of England’s April meeting minutes released yesterday showed the Governor Mervyn King pushed for additional stimulus. USD/CHF is trading on the upside after reaching 0.9340 yesterday. USD/CAD trades at 1.0250 after the yesterday’s rise to 1.0295. Loonie weakened after the BoC reduced its growth forecast for 2013 and said economy will remain weak for more than two years.

 

 

 

 

 

 

 

 

 

 

 

 

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Key options expiring today

 

 

Market prices tend to move towards the strike price at the time large vanilla options (ordinary put and call options) expire. It happens (all things equal) as each side of the deal seeks to hedge its risk exposure. This action is most noticeable ahead of 10 a.m. New York time when the majority of options expire (14:00 GMT).

 

Here are the key options expiring today:

 

EUR/USD: $1.2900, $1.2905, $1.2910, $1.2925, $1.2930, $1.2950, $1.2960, $1.3000, $1.3015, $1.3145, $1.3260;

GBP/USD: $1.5050, $1.5200;

USD/JPY: 96.00, 97.00, 97.50, 98.00, 98.50, 99.00, 99.90, 100.00;

USD/CHF: 0.9330, 0.9450;

AUD/USD: $1.0490, $1.0550;

NZD/USD: $0.8500;

EUR/CHF: 1.2230;

GBP/CAD: 1.5675.

 

flatline.jpg

 

 

 

 

 

 

 

 

 

 

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Comment here: http://www.fbs.com/analytics/2013-04-18/22574-key-options-expiring-today

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