NZD/USD hits 0.7695 on broad USD strength ahead of European session
Apr 22, 2015 05:47 am UTC| Technicals
Market caught wrong-footed by AUD after CPI on what were as expected results AUD/USD up 0.85% with NZD/USD lagging (courtesy AUD/NZD) up 0.35% Extreme bearish AUD positioning - market still short AUD but ...
USD/SGD pressured lower after break below 1.3500
Apr 22, 2015 05:41 am UTC| Technicals
Pair dips to 1.3461 low so far, nearby stop at 1.3454 3 April low Spike in AUD, firm EUR above 1.07 weigh Failure at 1.3450 may see bounce, eyes Greece...
USD/JPY off to fresh 119.45 session low on lack of follow-through to upside
Apr 22, 2015 05:38 am UTC| Technicals
Downside seen limited with Nikkei still 20k+ Mix of Japanese and offshore funds seen towards 119.00, some stops below Technical resistance at 119.87 Ichi Kinjun line Support at 119.31 100-DMA, 119.68 tenkan...
AUD/USD is holding its gains in mid afternoon trading
Apr 22, 2015 05:27 am UTC| Technicals
AUD/USD up 0.75%; AUD/NZD up 0.7%; EUR/AUD down 0.75% Only AXJ followed the AUD lead suggests China correlation at work AUD move today likely overstated by short covering interests Offshore however has a weakness...
USD/JPY is facing strong resistance around 200 day 4HMA,further bullishness only above that level
Apr 22, 2015 05:21 am UTC| Technicals
RES 4: 122.01 RES3 :121.18 RES 2: 120.81 (Apr 13th high) RES 1: 120.06 (200 day 4HMA) PRICE: 119.47 @ 05:09 GMT SUP1 -119.20 (20 day 4HMA) SUP 2: 118.50 (Apr 20th low) SUP 3: 118.16 (61.8%...
AUD/NZD short covering started to bite with pair up 0.85% to 1.0125
Apr 22, 2015 05:14 am UTC| Technicals
As expected AUS CPI data caught AUD shorts wrong-footed NZD/USD opens Wednesday at 0.7673 trades 0.7658-87 range in Asia NZD/USD touched 0.7687 in sympathy with AUD/USD...

GBPUSD flat ahead of BOE monetary policy meeting minutes
Apr 22, 2015 04:55 am UTC| Technicals
Pair trading between 1.4910- 1.4945, last at 1.4941 Near term support falls at 1.4913 and 1.4855 (Low April 21) Daily close above 1.4855 is required to get further direction Resistance falls at 1.4983 and 1.5053...