USD/JPY trading around 122.50, technical bias upside
Jul 01, 2015 03:12 am UTC| Technicals
Equity markets starting to calm and GREXIT fears starting to recede JPY has been major beneficiary from market turmoil this week If European equity and bond markets calm today USD/JPY could drift...
USD/INR likely to consolidate, market eyes on June manufacturing PMI
Jul 01, 2015 03:03 am UTC| Technicals
Pair remains heavy on FDI sales, bullish on economic outlook Dips below 60.60 unlikely on intervention fears, Increased selling pressure in EUR INR NDFs traded btw 63.91-64.01 range overnight, closed...

EUR/GBP long term bias remains negative
Jul 01, 2015 02:50 am UTC| Technicals
Tight Asian range opened -0.75%, which negated Mondays bullish outside day Momentum studies conflict, 5, 10 20 dmas edge lower with recent trend Initial support levels at 0.7075 and 0.6989 Near term...
USD/MYR hovering around 3.7300
Jul 01, 2015 02:38 am UTC| Technicals
USD/MYR stall s after 3.7300 low, bottom picking after steep sell-off Expected range amid 3.73-3.75 intraday; Greece risk to underpin 7year yield last 3.84%, -11bps fm yesterday, 10year 3.96%, -5bps Pair...
FxWirePro: Buy USD/CAD above 1.2450, up trend to continue further
Jun 30, 2015 19:48 pm UTC| Technicals
USD/CAD surged from 1.2365 (June 30th high) to 1.2410 in the late Uk session , and is testing strong resistance level at 1.2495 (23.6% Retracement Level ).The pair is set to reach 1.2550 and 1.2600 psychological level in...
FxWirePro: AUD/USD approaching key resistance at 0.7696, buy deals are recommended above 0.7680
Jun 30, 2015 18:24 pm UTC| Technicals
AUD/USD bounced back from 0.7665 (61.8 % Retracement Level) support level, and is moving above to testing resistance level at 0.7714 (38.2% Retracement Level). The pair is currently trading around 0.7705 level. It...
FxWirePro: GBP/USD fails to break support at 1.5704 , Upside prevails in the short term
Jun 30, 2015 17:03 pm UTC| Technicals
GBP/USD fails to break support at 1.5704 and is bouncing above to reach the resistancelevel at 1.5755. Forex market is very volatile, As negotiations between Greece crisis and its creditors dragging on further,...