EUR/USD eyes 1.1005/10 on soft USD, commodity lifts help
Jun 01, 2015 13:53 pm UTC| Technicals
EUR/USD at best level for NY session, eyes 1.1005/10 on soft USD Post-data lift persists as US yields USD stay soft, commodity lifts help Intra-day resistance near 1.0980/90 (hourly highs, 200-HMA) 1.1005/10 bigger...
USD/JPY pivots in play on US savings rate rise
Jun 01, 2015 13:09 pm UTC| Technicals
USD UST yields dip on rise in Savings Rate, flat Spending, below forecast PCEs Rising US income not turning into spending rise; shows consumers cautious Pair pierces thin hourly Cloud (base 123.93); 200-HMA up...
USD/MXN eyes Friday high by 15.4500
Jun 01, 2015 12:56 pm UTC| Technicals
USD/MXN eyes Fri high by 15.4500 in early NY, 76.4% Fib at 15.4490 is minor resistance Stops tipped above 15.4500, Banxico offers at 15.6122 CFTC data shows market got shorter MXN last week Mex HSBC Mfg PMI (53.8-pvs)...
Weak commodity prices & CB risk hinder AUD/USD rallies
Jun 01, 2015 12:22 pm UTC| Technicals
AUD/USD slips near 0.7620 on weak commodity prices overall firm USD 0.7670/80 proves formidable again pair starts month on its heels Market also leery of RBA tonight, no cut forecast but explicit might be...
EUR/GBP recovers after making a low of 0.7050, good to buy at declines
Jun 01, 2015 12:18 pm UTC| Technicals
RES 4: 0.7318 (61.8% retracement of 0.7482 and 0.70545) RES 4: 0.7282 (May 18th high) RES 3: 0.7232 (May 19th high) RES2:0.7206 (200 day 4 HMA) PRICE: 0.7192 @11:04 GMT SUP1 : 0.7138 (200 day HMA) ...
USD/JPY rally becoming two-way into 124.50 & 125
Jun 01, 2015 12:16 pm UTC| Technicals
USD/JPY wobbly, 1st day with USD/JPY wholly below upper 21-d Bolli since May 18 Hourly Cloud twists at 123.94 at fix, hourly TrendLine 200-HMA key by 123.75 Early signs overbought rally becoming two-way into 124.50 ...
AUD/USD is trading weak, decline till 0.7550 is possible
Jun 01, 2015 11:32 am UTC| Technicals
RES 4: 0.7734 (38% retracement of 0.7930 and 0.7618) RES 3: 0.7720 RES 2: 0.7683 (Support turned into resistance) RES 1 :0.7645 (7 day H EMA) PRICE: 0.76321 @ 11:31 GMT SUP 1: 0.7625 SUP...