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USD/MXN hovers around 15.40, option interest anchors

Jun 24, 2015 14:43 pm UTC| Technicals

USD/MXN above 21-DMA by 15.43, finds offers near daily Kijun 15.4473 Large opt expiries by 15.40 anchored price, Thurs option interest stacked to 16.05 Resistance at 15.4695 50% Fib of 15.77-15.1690 range, 15.5675 Jun 11...

USD/JPY back up by Tues's hi on broad USD bid post GDP; 124.56 key

Jun 24, 2015 13:36 pm UTC| Technicals

USD/JPY back up by Tuess hi 50% of the Jun slide at 124.81/16 after US GDP Mix of ex spec offers at 124.18-25 124.50-56; 124.56 is 61.8% of Jun wide Treasury yields have recovered from knee-jerk GDP dip (Inventories...

NZD/USD squeeze risk upped, daily RSI turn up

Jun 24, 2015 13:02 pm UTC| Technicals

NZD/USD sets new low Wed as bear channel base pierced July 2010 low neared Today sees upside follow through daily RSI turn up, squeeze risk upped Long-Term trend remains bearish Offers in 0.6900/40 zone, above Jun 19...

AUD/USD rally fades on firm USD, 200-HMA attracts

Jun 24, 2015 12:54 pm UTC| Technicals

Commodity boost fades, AUD/USD choppy range likely as no OZ data due Bounces in iron-ore copper work with wider yield spreads to lift near 0.7770 Trend-Line off Apr low defines bottom, daily cloud base caps the...

USD/MXN drifts lower with US yields, holds 55-HMA support by 15.3600

Jun 24, 2015 12:46 pm UTC| Technicals

USD/MXN opens Noram by 15.3700, holds 55-HMA support, drifts lower with US yields 50% Fib at 15.4695 caps, support at 100-HMA (15.3340), resistance 15.4405 Tues high Mex econ act/1st half-mos inflation at 9AM NYT, US...

USD/CAD breaks trend line support at 1.2295, good to sell on rallies

Jun 24, 2015 11:46 am UTC| Technicals

RES 4: 1.23950 (61.8% retracement of 1.25617 and 1.2126) RES 2: 1.2381 (Cloud top) RES 2: 1.2359 (Jun 15th high) RES 1: 1.2329 (Kijun-Sen) PRICE: 1.23053 @ 11:37 GMT SUP 1: 1.2307 (7 day 4 H EMA) SUP 2:...

FxWirePro: Buy USD/CAD above 1.2300, up trend to continue further

Jun 24, 2015 11:37 am UTC| Technicals

The pair is moving upwards to test resistance level at 1.2341 and is bouncing above to reach resistance level soon. CAD is weak against the dollar in the short term due to dollar index rally around 95.45. Later in...

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