AUD/USD breaks trend line resistance, jump till 0.7985/0.8000 is possible
May 22, 2015 06:56 am UTC| Technicals
RES4: 0.8162 (May 14th high) RES 4: 0.8062 (Support turned into resistance) RES 3: 0.7985 (200 day HMA) RES2: 0.7935 (cloud bottom) PRICE: 0.7924 @ 06:51 GMT SUP 1:0.7860 (May 8th low) SUP 2...
EUR/USD failed to trade above 100 DMA
May 22, 2015 06:24 am UTC| Technicals
Intraday spike above average already corrected back under the line Long is in play and 1.1062 from Wednesday is a potential base Slow stochastic on the edge of up ticking from oversold area Resistance is...
USD/JPY is struggling to break above 121.50, dip till 120.05 is possible
May 22, 2015 05:53 am UTC| Technicals
RES4: 124.13 (2007 High) RES3:123.41 (138.2% retracement of 122.01 and 118.32) RES2: 122.05 (Mar 3rd high) RES1 121.49 (161.8% retracement of 120.49 and 118.87) PRICE: 120.80 @ 05:49 GMT SUP1: 120.60...
USD/SGD dips towards 1.3300, weak USD weighs
May 22, 2015 04:21 am UTC| Technicals
Pair weighed by extends USD sales against EUR and JPY Pair last at 1.3311-1.3315, traded 1.3313-1.3367 Break of 1.3300 risks further takes the pair towards 1.3271 May 19...
USD/KRW dips below 1090 on broad USD strength across region
May 22, 2015 04:20 am UTC| Technicals
Pair moves tentative but all week 1100 has been kept safe Authorities unhappy with KRW strength especially as JPY/KRW nears 9.00 JPY/KRW on its lows at 9.02 last with KRW strength outstripping JPY...
USD/MYR trades heavy on extend selling below 3.60
May 22, 2015 03:35 am UTC| Technicals
Higher oil prices, weak US data weighed after open Pair traded 3.5890-3.5980 range so far, last 3.5885-3.5905 NDFs last 3.5950-3.5990; KLCI -0.22% Malaysia April CPI eyed, f/c 2.1%y/y vs 0.9%...
USD/JPY longs pared down positions post-BoJ as the BOJ upped its economic assessment
May 22, 2015 03:29 am UTC| Technicals
Better growth seen delaying any further ease, boost to QQE Pair to a fresh session low of 120.79 from 120.90 levels 121.00+ now seen heavy, major resistance at 121.50 and 122.00...