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NZD/USD new trend low, Kiwi remains flightless after Powell

Jun 23, 2015 13:50 pm UTC| Technicals

NZD/USD new trend low as NZD takes it on the chin after Powells hawkish rant Some market participants likely now targeting 0.6150/0.6200 zone July 2010 low at 0.6795 is next support, might see some profit taking bids in...

EUR/JPY slips, key 138 supports back in play

Jun 23, 2015 13:48 pm UTC| Technicals

EUR/JPY Jun 12 low, 38.2% of May-Jun rise up TrendLine from Apr all by 138 on Wed EUR/USD bulls demoralized by topside failure despite good PMIs Greece 200-DMA at 137.32, 50% Fibo Kijun at 137.08 if 138 is broken...

Durables miss stems EUR/USD slide, but slammed again by Powell's comments

Jun 23, 2015 12:53 pm UTC| Technicals

Headline core US durable goods for May miss EUR/USD bounces off the 21-DMA, lifts above 1.1200 but bounce fades Feds Powell leans hawkish, notes forecast for hikes in Sep Dec EUR/USD slammed as USD sees broad based...

USD/CAD faces strong resistance around 1.2360, break above targets 1.2440 level

Jun 23, 2015 12:17 pm UTC| Technicals

RES 4: 1.2440 RES 3: 1.23950 (61.8% retracement of 1.25617 and 1.2126) RES 2: 1.2381 (Cloud top) RES 1: 1.2359 (Jun 15th high) PRICE: 1.23385 @ 12:09 GMT SUP 1: 1.2314 (7 day 4 H EMA) SUP 2: 1.2274 (200 day...

EUR/GBP breaks below short term support at 0.7120, decline till 0.7050 is possible .

Jun 23, 2015 11:53 am UTC| Technicals

RES 3: 0.7286 (61.8% retracement of 0.7385 and 0.7124) RES 3: 0.7250 (Jun 16th high) RES 2: 0.7210 (200 day HMA) RES 1: 0.7162 (7 day H EMA) PRICE: 0.7099 @ 11:28 GMT SUP 1: 0.7115 SUP 2:...

AUD/USD struggles to break above 200 day HMA, targets 0.7640

Jun 23, 2015 10:57 am UTC| Technicals

RES 4: 0.7860 RES 3 : 0.7820 (Jun 3rd high) RES 2: 0.7785 (Cloud top) RES 1 : 0.7750 (200 day HMA) PRICE: 0.7712 @ 10:46 GMT SUP 1 :0.7670 (Jun 12th low) SUP 2 : 0.7640 (Jun 17th low) SUP 3:...

FxWirePro:EUR/JPY breaks support at 138.97, bearish in the near term

Jun 23, 2015 10:15 am UTC| Technicals

The EUR/JPY fell back from 139.90 level and moving below 138.97 (61.8 % retracement level). The pair is currently is trading at 138.80, it is expected decline further towards 138.00. Major resistance is seen...

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