USD/SGD eyes 1.3456, 50% Fibonacci retracement
Jun 24, 2015 02:49 am UTC| Technicals
Pair well bid at 1.3400, bullish bias intact Pair last at 1.3423-27, traded 1.3400-25 range so far Resistance levels at 1.3456, 1.3520...
Jun 24, 2015 02:43 am UTC| Technicals
Pair maintains bullish bias, good bidding from funds and interbanks Growth and domestic worries weigh heavy on MYR Pair opens at 3.7420-60, traded 3.7450-3.7580 range so far Last index at 3.7550-80,...
GBP/USD elicited fresh support pre-1.5720
Jun 23, 2015 15:49 pm UTC| Technicals
Cable elicited fresh support pre-1.5720 around London fix 1.5762/65 flips to resistance pre-1.58 (sub-1.58 stops hit in Asia) 1.5722 = earlier low after hawkish Fed Powell steer More bids tipped at 1.5700 (1.57 vaulted...
USD/MXN hovers by 21-DMA/Kijun resistance
Jun 23, 2015 14:07 pm UTC| Technicals
USD/MXN rises above minor Fib resistance, hovers by 21-DMA/Kijun resistance by 15.4225 Further resistance at 15.4696 50% Fib of 15.77 (15 high)-15.1690 range Below 15.28 the Jun 19/22 low, into the cloud exposes May 15...
NZD/USD new trend low, Kiwi remains flightless after Powell
Jun 23, 2015 13:50 pm UTC| Technicals
NZD/USD new trend low as NZD takes it on the chin after Powells hawkish rant Some market participants likely now targeting 0.6150/0.6200 zone July 2010 low at 0.6795 is next support, might see some profit taking bids in...
EUR/JPY slips, key 138 supports back in play
Jun 23, 2015 13:48 pm UTC| Technicals
EUR/JPY Jun 12 low, 38.2% of May-Jun rise up TrendLine from Apr all by 138 on Wed EUR/USD bulls demoralized by topside failure despite good PMIs Greece 200-DMA at 137.32, 50% Fibo Kijun at 137.08 if 138 is broken...
Durables miss stems EUR/USD slide, but slammed again by Powell's comments
Jun 23, 2015 12:53 pm UTC| Technicals
Headline core US durable goods for May miss EUR/USD bounces off the 21-DMA, lifts above 1.1200 but bounce fades Feds Powell leans hawkish, notes forecast for hikes in Sep Dec EUR/USD slammed as USD sees broad based...