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AUD/USD not far from recent lows

Jun 08, 2015 12:17 pm UTC| Technicals

AUD/USD slightly higher on Obama/White House USD issue but still lingering near recent lows Pair could see a new bear leg if it slips below 0.7530 Eyes resistance near 0.74670/80 as US yields a bit soft USD staying...

USD/ZAR correction underway

Jun 08, 2015 12:11 pm UTC| Technicals

USD/ZAR correction underway but still out of the money, price hits 12.656 before turning Daily Stochs continue to bump along sideways at overbought level 30-Day upper Bollinger line clear below price, indicating...

AUD/USD recovers from low of 0.7595, good to sell on rallies

Jun 08, 2015 12:01 pm UTC| Technicals

RES 3: 0.7760 (Jun 4th high) RES 4: 0.7725 (Jun 5th high) RES 2 :0.7687 (200 day HMA) RES 1 : 0.7660 (trend line resistance ) PRICE: 0.7635 @ 12:00 GMT SUP 1: 0.7650 SUP 2:0.7590 (Jun 1st...

GBP/USD is facing trend line resistance around 1.5310 , decline till 1.5180 is possible

Jun 08, 2015 11:45 am UTC| Technicals

RES 4: 1.5380 (Jun 3rd high) RES 3: 1. 5350 (20 day HMA) RES 2: 1.5306 (200 day HMA) RES 1: 1.5263 (20 day HMA) PRICE: 1.52506@ 11:34 GMT SUP 1: 1.5169 (Jun 1st low) SUP 2: 1.5080 (May 5th...

USD/JPY declines from 13 year high, good to sell on rallies

Jun 08, 2015 09:09 am UTC| Technicals

RES 4:127.55 (61.8% Projection of 118.90 to 125.04 from 123.74) RES 3 : 126.50 RES2: 125.84 (161.8% retracement of 125.04 and 123.74) RES 1: 125.49 (20 day HMA) PRICE: 125.33 @ 10:43 GMT SUP 1: 125.28...

USD/SGD is supported above major resistance at 1.3600 levels

Jun 08, 2015 03:57 am UTC| Technicals

Next resistance found at 1.3682, 61.8% Fibonacci retracement Pair last at 1.3602-05, traded 1.3579-1.3605 range so far Singapore Forex reserve data in...

USD/MYR squeezed above 3.7600, short cover into fix

Jun 08, 2015 03:45 am UTC| Technicals

Drop in oil prices further weigh on the MYR Nymex crude last at -0.59 to per barrel Pair last at 3.7620-50, traded 3.7620 high so far NDFs last 3.7730-70; KLCI...

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