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USD/JPY props on broad USD bounce , but slew of resistance between 123.30 & 123.61

Jun 19, 2015 12:54 pm UTC| Technicals

USD/JPY up by early-week lows, but slew of resistance between 123.30 123.61 100-200-HMAs early-week lows c123.30-40: Thus high, Tenkan 21-DMA 60-61 Kijun, Jun 10 low, 50% of 118.89-125.86 are at 123.51/46/37; stops...

NZD/USD bounces getting shallow, RSIs biased down

Jun 19, 2015 12:43 pm UTC| Technicals

Bears eye confluence of key techs in the 0.6855/65 zone New lows have been made recently and bounces have been seen Bounces getting shallow RSIs biased down so bear risks remain 50 Fib of 2009-11 rally, monthly cloud...

FxWirePro: EUR/GBP takes resistance at ichimoku cloud, go short on rallies

Jun 19, 2015 12:21 pm UTC| Technicals

RES 3: 0.7295 (61.8% retracement of 0.7385 and 0.7145) RES 3: 0.7234 (200 day HMA) RES 2: 0.7196 (Cloud bottom) RES 1: 0.7153 (20 day H EMA) PRICE: 0.7132 @ 12:15 GMT SUP 3: 0.7140 (Jun 17th low) ...

EUR/USD struggles to close above 1.1450, good to sell on rallies

Jun 19, 2015 11:57 am UTC| Technicals

RES 4:1.14656 (May 15th high) RES 3: 1.14450 (May 14th high) RES 2: 1.13855 (Jun 10th high) RES 1: 1.1355 (20 day HMA) PRICE: 1.13046 @ 11:25 GMT SUP 1: 1.1282 (200 day HMA) SUP 2: 1.1200 (Jun 17th ...

USD/KRW pulled back from the previous low at 1105.92, set to consolidate above 1107.80

Jun 19, 2015 10:11 am UTC| Technicals

Broader USD sentiment looks stronger against KRW as we have seen a decent bounce in the USD/KRW pulling back from the previous low of 1099.79. USD/KRW has broken the resitance at 1106.55 ( 50% retracement level), and is...

AUD/USD struggles to break 0.7850, good to sell on rallies

Jun 19, 2015 10:10 am UTC| Technicals

RES 3: 0.7930 (May 22nd high) RES 2: 0.7860 RES 1 : 0.7820 (Jun 3rd high) RES 1 : 0.7790 (20 day HMA) PRICE: 0.7756 @ 10:09 GMT SUP 2: 0.7740 (20 day HMA) SUP 3: 0.7710 (55 day 4 H EMA) SUP...

USD/JPY faces strong support at 122.40, further weakness only below that level

Jun 19, 2015 09:32 am UTC| Technicals

RES 4: 124.15 (Jun 11th high) RES 4:123.50 (200 day HMA) RES 3 : 123.32 (Jun 10th high) RES1: 123.05 (7 day H EMA) PRICE: 123.10 @ 09:30 GMT SUP 1 : 122.40 (Jun 10th low) SUP 2: 122 SUP 1 :...

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