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TerriBelkas

  1. AUDCAD holding above its 100 SMA at 0.9450. RBA vs BOC Interest rate outlooks favor upside potential.
  2. GBPCHF still trading down from resistance at 1.6951/1.7000, formed by the recent highs and the 100 SMA. Immediate support at 1.6833.
  3. AUDNZD still testing its recent highs just above 1.2800, but upper line of rising channel formation doesn't come into play until 1.2930.
  4. DXY Index shows the greenback has broken above falling trendline resistance and the 50 SMA. 100 SMA at 76.80 offers next resistance level.
  5. Fed's Plosser says he "wouldn't be enthusiastic about [the Fed] buying more" assets now, has "expressed concern on Fed fiscal policy."
  6. 4 central bank meetings next week, but no changes expected. OIS 12-mo expectations: BOC +58.6bps, RBNZ +163bps, SNB +36.1bps, BOE +73.2bps
  7. NBER's Hall says US recession may have ended
  8. AUDUSD still under pressure at 0.9167, next level of support at 0.9110.
  9. EURNZD holding above former resistance and its 100 SMA 2.0668. I'm looking at it as a buying opportunity: http://bit.ly/hzx0A
  10. GBPUSD has found support near 1.6550 from rising trendling drawn from the 11/27 lows and the 38.2% fib of 1.6270-1.6720.
  11. DXY Index trading just below falling trendline resistance at 75.36 and 50 SMA at 75.65. Make or break level for the USD rally.
  12. EU's Juncker says euro is over-valued, 2010 is not the year to start exit from stimulus measures.
  13. AUDNZD still testing last week's highs near 1.2810/18, but upper line of rising channel formation doesn't come into play until 1.2900.
  14. EURJPY pushing below 131.20 as DJIA, SPX fall into negative territory. DJIA -44 points at 10427 and SPX -3 points at 1105.
  15. EURJPY now @ 131.27 after testing former support @ 131.90 (as noted earlier). Break below immediate support at 131.20 adds to bearish bias.
  16. EURGBP trading back below the 50 SMA (0.9077), adding to bearish potential. Support at 0.8888/90 from the 100 SMA and a rising trendline.
  17. Testimony by Geithner on derivatives reform isn't sparking much price action. Watch for speech by Fed's Lacker at 12:30 ET on econ outlook.
  18. EURJPY now trading at 131.40 after testing former support at 131.90 this morning. May offer selling opportunity.
  19. GBPUSD consolidating losses above 1.64, but FXCM SSI flip from net short to net long this morning signals more bearish potential.
  20. AUDUSD holding below former trendline support at 0.9193 as OIS rates are pricing in 60% chance of a 25bp RBA hike, down from 76% last week.