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USD/SGD pressured lower after break below 1.3500

Apr 22, 2015 05:41 am UTC| Technicals

Pair dips to 1.3461 low so far, nearby stop at 1.3454 3 April low Spike in AUD, firm EUR above 1.07 weigh Failure at 1.3450 may see bounce, eyes Greece...

USD/JPY off to fresh 119.45 session low on lack of follow-through to upside

Apr 22, 2015 05:38 am UTC| Technicals

Downside seen limited with Nikkei still 20k+ Mix of Japanese and offshore funds seen towards 119.00, some stops below Technical resistance at 119.87 Ichi Kinjun line Support at 119.31 100-DMA, 119.68 tenkan...

AUD/USD is holding its gains in mid afternoon trading

Apr 22, 2015 05:27 am UTC| Technicals

AUD/USD up 0.75%; AUD/NZD up 0.7%; EUR/AUD down 0.75% Only AXJ followed the AUD lead suggests China correlation at work AUD move today likely overstated by short covering interests Offshore however has a weakness...

USD/JPY is facing strong resistance around 200 day 4HMA,further bullishness only above that level

Apr 22, 2015 05:21 am UTC| Technicals

RES 4: 122.01 RES3 :121.18 RES 2: 120.81 (Apr 13th high) RES 1: 120.06 (200 day 4HMA) PRICE: 119.47 @ 05:09 GMT SUP1 -119.20 (20 day 4HMA) SUP 2: 118.50 (Apr 20th low) SUP 3: 118.16 (61.8%...

AUD/NZD short covering started to bite with pair up 0.85% to 1.0125

Apr 22, 2015 05:14 am UTC| Technicals

As expected AUS CPI data caught AUD shorts wrong-footed NZD/USD opens Wednesday at 0.7673 trades 0.7658-87 range in Asia NZD/USD touched 0.7687 in sympathy with AUD/USD...

GBPUSD flat ahead of BOE monetary policy meeting minutes

Apr 22, 2015 04:55 am UTC| Technicals

Pair trading between 1.4910- 1.4945, last at 1.4941 Near term support falls at 1.4913 and 1.4855 (Low April 21) Daily close above 1.4855 is required to get further direction Resistance falls at 1.4983 and 1.5053...

USD/SGD within broad 1.3500-1.3530 range so far

Apr 22, 2015 03:05 am UTC| Technicals

Fast money, interbank specs sold at 1.3530 but buyers parked at 1.3500 still Break either side needed for next directional move Spike in AUD after CPI, uncertainty re next RBA rate move weigh Pair last...

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