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AUD/USD weighed by soft NZD and USD strength

Feb 24, 2015 05:08 am UTC| Technicals

AUD looked at 0.7757 19 Feb low as softer NZD/stronger USD weighed Quiet 0.7795/0.7805 lead to sell-off with Yellen as focus Locals slightly confused by antipodean pairs large reaction to 2nd tier NZ...

AUD/NZD consolidates, but hammer stays valid

Feb 24, 2015 04:51 am UTC| Technicals

NZD led 30 pt rebound in Asia - move expected to be algo driven, but was sustained NZD selling coincided with vague inflation data Momentum studies 5dma base - 10 20 dmas still head south Implies...

NZD/USD struggles to get off the canvas

Feb 24, 2015 03:20 am UTC| Technicals

NZD still seen struggling to rebound anchoring c0.7475/80 Net result NZD at lowest level since 16/2, anticipated cross seeks 1.04 grip Broadly bid USD coincided and worsened the move Next support is...

USD/CNH sees tight ranges – market waits for China’s return

Feb 24, 2015 03:18 am UTC| Technicals

Tight consolidation during Chinese New Year extends - 20pt bounce in Asia 5 dma momentum studies peak, 10 20 dmas climb - neutral setup 6.2672 38.2% Feb rise then 6.2647 10 dma initial...

USD/INR holds range

Feb 24, 2015 03:02 am UTC| Technicals

USD/INR expected to remain in 62.00-20 range ahead of Yellen tonight FII related selling weigh on pair but oilers, corporate interests strengthen NDFs well offered by real money overnight, but short cover...

USD/JPY boosted on strong USD

Feb 24, 2015 02:59 am UTC| Technicals

USD strength, Nikkei rebounds into TSE AM close assists USD/JPY up. Nikkei closes TSE AM session up small, reverses modest early losses. USD bought against NZD, AUD, USD/JPY up from 118.78 to...

AUD/USD follows NZD/USD lower

Feb 24, 2015 02:57 am UTC| Technicals

AUD/USD trails NZD/USD lower in intervals after NZ inflation survey AUD/USD lost its 78 cent morning handle and trades down to 0.7784 Overnight London low of 0.7781 remains for now; more support ahead of...

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