
EUR/AUD takes support near trend line, jump till 1.5850 is possible
Oct 06, 2015 06:51 am UTC| Technicals
EUR/AUD has taken trend line support around 1.5666 (trend line joining 1.5832 and 1.5741) and nay break below confirms short term weakness, a decline till 1.5600/1.5580 cannot be ruled out. On the higher side minor...
FxWirePro: USD/IDR halts one-way rally, slumps over 2 pct on the day
Oct 06, 2015 06:22 am UTC| Technicals
IDRs outperformance was seen today - up over 2% vs the USD amid relatively quiet trade in other AXJ currencies Indonesias rupiah hit a one-month high on dollar selling by foreign investors; foreign investors dumped the...

AUD/JPY breaks major trend line resistance, jump till 87.20 is possible
Oct 06, 2015 05:52 am UTC| Technicals
AUD/JPY has broken major trend line resistance around 85.10 (trend line joining 84.99 and 85.05) and jumped till 85.94 from that level. Intraday weakness can be seen only below 85.25. Any break below 85.25 will drag the...
FxWirePro: USD/KRW finds strong support at 1162.00, good to buy dips
Oct 06, 2015 04:59 am UTC| Technicals
USD/KRW tested bottom of recent rally before consolidation set in and found strong support at 1162.00 The pair has strongly rebounded from lows at 1159 and is currently trading at 1163.40 after hitting fresh intraday high...
FxWirePro: AUD/USD rallies to fresh two-week highs post RBA, ignores poor trade deficit data
Oct 06, 2015 04:34 am UTC| Technicals
AUD/USD opened Tuesday 0.7081, dipped to 0.7078 in early trade after local data showed a deterioration in the trade deficit Australian economy posted a trade deficit of AUD 3.095 bln in Aug, sliding 11% from Julys...
AUD/USD climb s above $0.7100 level after RBA hold the interest rate
Oct 06, 2015 04:01 am UTC| Technicals
RBA: $AUD adjusting to significant declines in commodity prices. Economic, financial conditions to inform policy stance. RBA: Monetary policy needs to be accommodative; board judged leaving cash rate unchanged was...
FxWirePro: Buy USD/JPY at dips around 120-120.10 with SL around 119.60 for the TP of 120.74/121.25
Oct 06, 2015 03:50 am UTC| Technicals
USD/JPY has broken minor resistance 120 and made a high of 120.55. It is currently trading at 120.45 trend is till bullish as long as support 119.60 holds. Overall bullish invalidation only below 118.60 Any break below...