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USD/BRL flirts with 61.8% Fib resistance by 3.1600

Jun 11, 2015 12:25 pm UTC| Technicals

USD/BRL ratchets higher in early NY, as BCB removes some BRL support, daily swaps cut to 6300 from 7000 contracts Pair blasts above 10-DMA (3.1380) resistance, flirts with 61.8% Fib res by 3.1600 Upper 21-d Bolli at...

AUD/USD is struggling to break 200 day 4 HMA, good to buy at dips

Jun 11, 2015 11:55 am UTC| Technicals

RES 4: 0.7930 (May 22nd high) RES 3: 0.7846 (200 day 4 HMA) RES 4: 0.7820 (Jun 3rd 2015) RES 3: 0.7780 PRICE: 0.7725 @ 11:53 GMT SUP 1: 0.7737 (20 day 4 H EMA) SUP 2:0.7690 (55 day 4 H...

EUR/GBP breaks short term trend line support at 0.7315, decline till 0.7165 is possible

Jun 11, 2015 11:39 am UTC| Technicals

RES 3 0.7480 (May 7th High) RES 2 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 1: 0.7380 (Support turned into resistance) RES 1: 0.7322 (20 day 4HMA) PRICE: 0.7278 @11:37 GMT SUP 1:...

GBP/USD trades below 200 day MA ahead of US Retail sales data, good to sell on rallies

Jun 11, 2015 11:28 am UTC| Technicals

RES 4 : 1.5700 RES 3: 1.5630 (Support turned into resistance) RES 2: 1. 5506 (200 day MA) RES 1: 1.54925 (50 % retracement of 1.4564 and 1.5813) PRICE: 1.5472@ 11:24 GMT SUP 1 :1.5443 (20 day MA) SUP...

GBP/USD trades below 200 day MA ahead of US Retail sales data, good to sell on rallies

Jun 11, 2015 11:26 am UTC| Technicals

RES 4 : 1.5700 RES 3: 1.5630 (Support turned into resistance) RES 2: 1. 5506 (200 day MA) RES 1: 1.54925 (50 % retracement of 1.4564 and 1.5813) PRICE: 1.5472@ 11:24 GMT SUP 1 :1.5443 (20 day MA) SUP...

USD/JPY takes support at 122.70, jump till 125 is possible

Jun 11, 2015 10:09 am UTC| Technicals

RES 4:125 RES 3 : 124.60 (20 day HMA) RES2: 124.14 (Kijun-Sen) RES 1: 123.80 (Support turned into resistance) PRICE: 123.58 @ 10:08 GMT SUP 1 : 123.30 (Tenken-Sen) SUP 1 : 122.70 (May 27th low) ...

USD/JPY itself gently bid after yesterday's plunge, US yields firm-firmer

Jun 11, 2015 06:20 am UTC| Technicals

Nikkei closes up 336.61 pts, +1.68% at 20,382.97, up despite lower USD/JPY Wall Street rally, stronger Japanese economy cited, confirmed by MoF survey Correlation with USD/JPY not as strong, feeling stocks...

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