
AUD/USD recent recovery offers selling opportunities
Apr 21, 2015 11:09 am UTC| Technicals
Pullback continued overnight and the 0.7700 long stop was hit in Asia Close below 55 DMA/kijun-sen added bearish pressures Recovering off 0.7683 lows, upticks provide better selling opportunities Keep...
AUD/NZD broke below 1.01 on dovish Stevens Monday
Apr 21, 2015 10:32 am UTC| Technicals
1.0047 = lowest level for cross since recent all-time low of 1.0021 63% chance of RBA rate cut May 5. Australian Q1 inflation data Wednesday RBNZ McDermott to speak about inflation Thursday RBNZmeets next week...
USD/CAD met headwind around 1.2280 after vaulting 1.2272
Apr 21, 2015 10:23 am UTC| Technicals
1.2280 was Apr 15low (post-BoC). More bids at 1.2290 1.23 1.2272 was pre-weekend rally high from 1.2088 (Fridays 3mth low) Large 1.2250 option expiry today. Size of strike estimated at USD740mn WTI oil...
AUD/USD pares early gains, decline till 0.7580 is possible
Apr 21, 2015 10:01 am UTC| Technicals
RES 4: 0.78880 RES 3: 0.7840 (Apr 17th high) RES 2: 0.7798 (61.8% retracement of 0.7840 and 0.7680) RES 1: 0.7740 PRICE: 0.7715 @ 9:23 GMT SUP 1: 0.7680 SUP 2: 0.7660 (61.8% retracement...
USD/CHF pivotal point at 100 DMA 0.9600
Apr 21, 2015 06:53 am UTC| Technicals
Looking for same trading pattern today, short trade in play Bounce from oversold levels on slow stochastic concerns A break above the average opens up the 0.9670 stop Downside targets - Apr 3 low at 0.9486 and the...

GBP/USD key support at Kijun line 1.4861
Apr 21, 2015 06:42 am UTC| Technicals
Pullback extends back under 1.49 Stochastic rolled over from OB levels suggesting the rally has peaked The negative cross has generated a sell signal Under the kijun line the 200 HMA at 1.4798 is the next...
AUD/USD under pressure, AUD CPI data tomorrow in focus
Apr 21, 2015 06:33 am UTC| Technicals
Pair sideways in afternoon trading but fails to reclaim 77 cent level Moves are choppy with liquidity not as good as one would normally expect AUD struggling under weight of HF sales; yesterdays move above ...