NZD/USD limited reaction to weak milk auction
Jun 16, 2015 14:23 pm UTC| Technicals
NZD lifts despite weak milk auction, Fonterra GDT PI -1.3% to $2,409 WMP falls only 0.1% to $2,327 and the market is short NZD 0.7000 tested but holds for now, pair still consolidating recent losses Suggests long-term...
EUR/GBP recovery back to 0.7210 - pivot probable
Jun 16, 2015 13:55 pm UTC| Technicals
EUR/GBP intra-day bulls likely to push back, scope for a recovery back to 0.7210 - pivot Pair left a long tail on the previous hours candlestick line There has been a failure to perform an hourly close above 0.7186...
USD/CLP slips, rising 10-DMA supports by 630.45
Jun 16, 2015 13:25 pm UTC| Technicals
USD/CLP moves a touch lower as US housing starts miss, permits rise Daily/weekly stochs elevated, support at 10-DMA by 630.40, then daily pivot 626.20 USTs hold on to early gains ahead of FOMC, peso shrugs off weak...
EUR/USD sub-10 DMA again after trend-line caps
Jun 16, 2015 12:59 pm UTC| Technicals
EUR/USD trend-Line off May high caps overnight ensuing slide, pair sees sub-10 DMA again Sub-1.1150 sees little support until 1.1150/80 area US data pushes down near 1.1200, bids into that area Short-Term market focused...
USD/BRL holds old support line ahead of the Fed
Jun 16, 2015 12:51 pm UTC| Technicals
Real money demand for BRL ebbing today as Fed risk looms USD at new highs by 3.1730 after poor Brazil retail sales USD/BRL holding old support line, BMF 1-mth USD/BRL NDF support line sits at 3.1580 Todays S.P. range...
USD/MXN eyes 10-DMA by 15.5065 ahead of the Fed
Jun 16, 2015 12:43 pm UTC| Technicals
USD/MXN likely rallies as Fed poised to hike in Sep/Oct, Banxico steady Trades in tight 15.40/46 range, USD bid vs DM on Grexit fears Above 100-HMA 15.4359, eyes 10-DMA 15.5065 then daily tenkan 15.5580, support 15.3998...
AUD/USD lift stalls at 55 DMA caps, commodities weigh
Jun 16, 2015 12:17 pm UTC| Technicals
AUD/USD overnight lift stalls short of 55-DMA, its capped rallies lately US Treasury yield slip allowing a bounce, pair choppy but with bearish tint Heavy copper iron-ore aid weigh on AUD, pair dips toward 0.7720 bids,...