AUD/USD fresh selling interest above 78 cents keeps a lid on pair
Jun 19, 2015 02:46 am UTC| Technicals
Short covering gave way to light profit taking on Friday Pair holds range around 0.7600-0.7850 Flat session for iron ore Thursday but +6% slide in this...
AUD/NZD hit new trend high, late 2014 highs by 1.1284-1.1316 in play
Jun 18, 2015 15:47 pm UTC| Technicals
AUD/NZD to hit new trend high, AUD outperforms NZD in big way 2014 highs by 1.1284-1.1316 in play, sub-1.0680 dents bull trend Some profit taking of rally off 2015 low likely there, higher levels likely Above monthly...
NZD/USD bulls putting up a good fight
Jun 18, 2015 14:24 pm UTC| Technicals
NZD/USD dives to 0.6880 channel base overnight, area holds long lower wick forms Bulls are putting up a good fight and recent shorts should be on edge 0.7015/25 is resistance with a bit more near 0.7080 If cleared a...
Grexit could depress EUR/GBP cross to 0.6750
Jun 18, 2015 14:07 pm UTC| Technicals
Grexit could raise doubts over euro longevity and depress cross to 0.6750 0.6750 was average EUR/GBP level thru 1st 10 years of the euro, 1999-2008 0.71 0.7015 (88mth low in Mar) among EUR/GBP bear targets...
USD/MXN moves through daily cloud base support at 15.2133
Jun 18, 2015 13:49 pm UTC| Technicals
USD/MXN moves through daily cloud base support at 15.2133 Traders long at 15.2300, target a return to Jun 10 high area by 15.5700 Support 15.1699 the 76.4% Fib of 14.9845-15.7700, then lower 21-d Bolli 15.1246 Stops...
AUD/USD clears 55-DMA & daily highs near 0.7825/40
Jun 18, 2015 13:19 pm UTC| Technicals
AUD/USD bulls encouraged by resistance break, 0.7935 0.8010 are interim resistance zones Persistent USD slip sees market ignore tighter AU-US yield spreads RSIs biased up with room to run, rally may have legs, May high...
USD/JPY supported at Jun 10 low by Kijun & 50% Fibo
Jun 18, 2015 13:13 pm UTC| Technicals
Low Claims limit soft CPI impact after big slide overnight left hourlies oversold 122.46 May 10 spike low bolstered by 122.37: 50% of 118.89-125.86 Kijun Strong 21-DMA breakdown points to lower Bolli 61.8% tests...