
GBP/USD technical suggests consolidation
Jun 17, 2015 06:57 am UTC| Technicals
Initial resistance is seen at 1.5655 levels, pair consolidates just under Tuesdays 1.5655 peak Pair just shy of the 76.4% retrace of the 1.5815/1.5170 slide Day studies are overbought but require a...

EUR/USD trading in tight range before FOMC
Jun 17, 2015 06:28 am UTC| Technicals
Tight ranges prevail, capped by the hourly kijun at 1.1267 Day trend studies are ticking lower, short target at 1.1050 Initial support is seen at 1.1151 and 1.1144...
AUD/USD traded around 0.7715 after a few stops were triggered below 0.7720
Jun 17, 2015 03:19 am UTC| Technicals
Both yesterdays low and the 10-day MA converged around 0.7720 Initial support is seen at Mondays low 0.7704 and buyers are tipped ahead of 0.7700 Traders now awaits FOMC for the further...

GBP/NZD continues to trade higher; up 4% in June, 11% in last 3-months
Jun 17, 2015 03:01 am UTC| Technicals
Pair overnight broke 2.2319 level, 38.2 Fibonacci retracement 2.9852-1.7663 Next target at 50% retracement at 2.5196, stops placed below 2.1000 Long positioning very appealing to both fundamental and...
AUD/USD managed to hold up well yesterday despite 3.72% fall in iron ore
Jun 17, 2015 02:50 am UTC| Technicals
AUD and NZD easing across the board in quiet Asian session Initial support at 0.7720, 10 DAM and 0.7704 Dalian iron ore futures down 2.70 % in Asia...
USD/MXN supported 21-DMA at 15.3978
Jun 16, 2015 17:37 pm UTC| Technicals
USD/MXN hovers in 15.39/46 range near daily pivot (15.4337) Resists yaw of broader market on Greek headlines Daily pivot resistance at 15.4618, 21-DMA by 15.3978 supports Above 15.4670 Tues high eyes 10-DMA by 15.5050,...
USD/JPY retests Mon's NY low; 21-DMA at 123.31 key on close
Jun 16, 2015 14:38 pm UTC| Technicals
USD/JPY retests Mons NY low by 123.30; 21-DMA at 123.31 key on close Merkels conciliatory Greek comments lifted deal hopes/stocks this morning DM stocks well off days lows but EUR/JPY sold on EUR FX hedging Cross...