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AUD/USD rally fades on firm USD, 200-HMA attracts

Jun 24, 2015 12:54 pm UTC| Technicals

Commodity boost fades, AUD/USD choppy range likely as no OZ data due Bounces in iron-ore copper work with wider yield spreads to lift near 0.7770 Trend-Line off Apr low defines bottom, daily cloud base caps the...

USD/MXN drifts lower with US yields, holds 55-HMA support by 15.3600

Jun 24, 2015 12:46 pm UTC| Technicals

USD/MXN opens Noram by 15.3700, holds 55-HMA support, drifts lower with US yields 50% Fib at 15.4695 caps, support at 100-HMA (15.3340), resistance 15.4405 Tues high Mex econ act/1st half-mos inflation at 9AM NYT, US...

USD/CAD breaks trend line support at 1.2295, good to sell on rallies

Jun 24, 2015 11:46 am UTC| Technicals

RES 4: 1.23950 (61.8% retracement of 1.25617 and 1.2126) RES 2: 1.2381 (Cloud top) RES 2: 1.2359 (Jun 15th high) RES 1: 1.2329 (Kijun-Sen) PRICE: 1.23053 @ 11:37 GMT SUP 1: 1.2307 (7 day 4 H EMA) SUP 2:...

FxWirePro: Buy USD/CAD above 1.2300, up trend to continue further

Jun 24, 2015 11:37 am UTC| Technicals

The pair is moving upwards to test resistance level at 1.2341 and is bouncing above to reach resistance level soon. CAD is weak against the dollar in the short term due to dollar index rally around 95.45. Later in...

EUR/GBP faces strong support at 0.7050, good to sell on rallies

Jun 24, 2015 11:25 am UTC| Technicals

RES 3: 0.7210 (Jun 22nd high) RES 3: 0.7173(200 day HMA) RES 2 : 0.7132 (55 H EMA) RES 1: 0.7107 (7 day H EMA) PRICE: 0.7100 @ 11:19 GMT SUP 1: 0.7115 SUP 2: 0.7050 (May 26th low) SUP 3:...

AUD/USD struggles to close above 0.7800, decline till 0.7640 is possible

Jun 24, 2015 11:06 am UTC| Technicals

RES 4: 0.7860 RES 3 : 0.7820 (Jun 3rd high) RES 2: 0.7795 (Jun 22nd high) RES 1 : 0.7745 (200 day HMA) PRICE: 0.7739 @ 11:02 GMT SUP 1 :0.7720 (Kijun -Sen) SUP 2 :0.7670 (Jun 12th low) SUP 3 :...

USD/JPY faces strong resistance around 124.15, good to buy at declines

Jun 24, 2015 11:04 am UTC| Technicals

RES 4: 125.84 (jun 5th high) res 4 :124.50 (61.8% retarcement of 125.84 and 122.47) RES 3: 124.15 (Jun 11th high) RES 1:123.89 (7 day H EMA) PRICE: 123.92 @ 11:02 GMT Sup 1 : 123.37 (200 day HMA) ...

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