USD/JPY is trading in narrow range, good to buy at declines
Jun 04, 2015 07:32 am UTC| Technicals
RES 4:126.20 RES 3 : 125.79 (161.8% retracement of 121.83 and 115.55) RES2: 125 RES 1: 124.30 (55 day H EMA) PRICE: 124.23 @ 07:32 GMT SUP 1: 123.70 (Jun 2nd low) SUP 2:123.20 (200 day HMA) SUP...
AUD/USD done little since trade and retail sales inspired sell-off earlier
Jun 04, 2015 06:34 am UTC| Technicals
Afternoon session focusing on China stocks, down around 4.0% last Suspension of margin financing on ChiNext (-6.0%) by brokerage catalyst USD/AXJ already bid , AUD/USD might come under pressure in...
USD/KRW trades above 1113 with players speculating official activity
Jun 04, 2015 06:14 am UTC| Technicals
Move comes after JPY/KRW traded at 8.90 earlier today, last at 8.9440 Pair high so far 1113.3, last at 1112.5 up 0.55% on the day Resistance at Tuesdays 1116.9 high and 1130 Local stocks bucking...
EUR/JPY marginally up, bid USD/JPY help
Jun 04, 2015 02:54 am UTC| Technicals
EUR/JPY trend now seen up after break above 200-DMA, currently at 137.20 USD/JPY up modestly, 124.20 to 124.55, EUR/JPY 139.94 to 140.27 Resistance levels are seen at 140.50, 140.51(January 13 High),...
EUR/USD consolidating again after another run-up overnight as Bund yields surged
Jun 04, 2015 02:37 am UTC| Technicals
Slightly soggy in Asia, off modestly from 1.1272 to 1.1253 Resistance levels are seen at 1.1300, 1.1326 and 1.1468 levels Pivot at 1.1259 hourly Ichi tenkan, bidding interest from ahead of...
EUR/CHF clears key Apr high at 1.0524, surging Bund yields drive rally
Jun 03, 2015 15:42 pm UTC| Technicals
EUR/CHF clears Apr 30 swing high 50% of Feb-Apr slide at 1.0524 today Pairs explosive rally driven by surging Bund yields spreads to CHF yields 61.8% 76.4% Fibo targets at 1.0591 and 1.0676 Last weeks low now looks...
AUD/NZD rally poised to resume after short-lived dip sub-200 DMA
Jun 03, 2015 15:02 pm UTC| Technicals
AUD/NZD rally off 2015 low on verge of resuming after short-lived dip sub-200 DMA 1.0900 the final hurdle to overcome, break there likely accelerates lift, 1.1020 is then initial target RSIs biased up give bulls the...