EUR/GBP met headwind pre-0.7175, Grexit risk weighs
Jun 17, 2015 16:20 pm UTC| Technicals
EUR/GBP met headwind pre-0.7175 after rallying off 0.7147 Grexit risk helping weigh on cross in addition to pipeline BoE hike hopes 0.7147 = 16-day low after big UK earnings beat 0.7146 = June 1 low. 0.7175 was Tuesdays...
USD surging broadly pre FOMC & London close, lifts USD/JPY
Jun 17, 2015 15:15 pm UTC| Technicals
USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC London close EIA Crude Gasoline stocks not as bullish as forecast: oil drops aids USD lift 61.8% of 125.86-122.46 drop is at 124.56 Jun 10 high...
EUR/USD sets new session low of 1.1237, as USD firms on soft commodities
Jun 17, 2015 15:10 pm UTC| Technicals
EUR/USD dives and sets new session low of 1.1237 DOE stats data gives USD a big boost, lead by USD/JPY Slide below 10-DMA deepens as spreads widen daily RSI weighs Support into 1.1215/20 then 1.1185/90, likely tough...
EUR/JPY rising, Yen slide main driver
Jun 17, 2015 14:23 pm UTC| Technicals
EUR/JPY builds off last weeks 38.2% correction, resets overbought RSIs Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs Jun 12s 138 low completed 38.2% of late May-Jun uptrend Crucial hurdles are...
GBP/USD offers may emerge near 1.5800-15 if cable vaults 1.5755
Jun 17, 2015 13:57 pm UTC| Technicals
GBP/USD 1.5800-15 resistance window looks strong Offers may emerge near 1.5800-15 if cable vaults 1.5755 (1mth high) Ascent to 1.5755 spurred by big UK earnings beat 1.58 among recently mooted bull targets. 1.5815 =...
Jun 17, 2015 13:46 pm UTC| Technicals
EUR/SEK 9.1750 long in play but daily cloud standing in the way at 9.2370 Daily Stochs and a cloud twist out to 9.2945 July 2 Risk to the trade could come from a bearish...
USD/CLP drifts higher with 10-HMA by 635.47
Jun 17, 2015 13:40 pm UTC| Technicals
Hedge Funds exit USD short ahead of FOMC, move from large buyers of CLP to sellers, RM also sold CLP HFs tipped as sellers of, highly correlated, copper as well, weighs on CLP USD/CLP drifts higher with 10-HMA (635.47)...