USD/COP edges higher, Peso mostly hanging in with region
Jun 17, 2015 16:58 pm UTC| Technicals
USD/COP higher but peso only slightly worse than rest of region Familiar 2524/2525 stopped recent USD/COP slide, old and new Fibs there Signs RM removed some selling pressure recently Bigger picture: dollar,...
AUD/USD slide deepens, hits session low on broad USD bid
Jun 17, 2015 16:28 pm UTC| Technicals
AUD/USD earlier bounce to 0.77 negated, pair sets new session low on broad USD bid Next support at June 10 low (0.7636), might see shorts t/p there pre-Fed Commodity slump and UST yield lift aid dive down to 0.7661 RSIs...
EUR/GBP met headwind pre-0.7175, Grexit risk weighs
Jun 17, 2015 16:20 pm UTC| Technicals
EUR/GBP met headwind pre-0.7175 after rallying off 0.7147 Grexit risk helping weigh on cross in addition to pipeline BoE hike hopes 0.7147 = 16-day low after big UK earnings beat 0.7146 = June 1 low. 0.7175 was Tuesdays...
USD surging broadly pre FOMC & London close, lifts USD/JPY
Jun 17, 2015 15:15 pm UTC| Technicals
USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC London close EIA Crude Gasoline stocks not as bullish as forecast: oil drops aids USD lift 61.8% of 125.86-122.46 drop is at 124.56 Jun 10 high...
EUR/USD sets new session low of 1.1237, as USD firms on soft commodities
Jun 17, 2015 15:10 pm UTC| Technicals
EUR/USD dives and sets new session low of 1.1237 DOE stats data gives USD a big boost, lead by USD/JPY Slide below 10-DMA deepens as spreads widen daily RSI weighs Support into 1.1215/20 then 1.1185/90, likely tough...
EUR/JPY rising, Yen slide main driver
Jun 17, 2015 14:23 pm UTC| Technicals
EUR/JPY builds off last weeks 38.2% correction, resets overbought RSIs Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs Jun 12s 138 low completed 38.2% of late May-Jun uptrend Crucial hurdles are...
GBP/USD offers may emerge near 1.5800-15 if cable vaults 1.5755
Jun 17, 2015 13:57 pm UTC| Technicals
GBP/USD 1.5800-15 resistance window looks strong Offers may emerge near 1.5800-15 if cable vaults 1.5755 (1mth high) Ascent to 1.5755 spurred by big UK earnings beat 1.58 among recently mooted bull targets. 1.5815 =...