USD/JPY breaks major support 119, decline till 118 is expected
Mar 26, 2015 06:52 am UTC| Technicals
RES 4: 121.50 RES 3: 120 RES 2: 119.70) RES 1: 119.40 (20 day ) PRICE: 118.78 @ 6:44 GMT SUP 1: 119.25 SUP 2: 118.69 SUP 3: 118 SUP 4: 116.86 COMMENTARY: USD/JPY has broken major support 119 and confirms...
USD/KRW continues its bounce back from 1100
Mar 26, 2015 05:57 am UTC| Technicals
Pair, after hitting 1100, now back to 1108 Strong bounce seen in JPY/KRW - 9.21 open to 9.30 last - up 1.0% As per dealers view, movement is based on official USD buying activity 2nd biggest loser was Kospi ...
GBP/USD is consolidating between narrow range, waiting for further confirmation signals
Mar 26, 2015 05:53 am UTC| Technicals
RES 4: 1.5165 RES 3: 1.5050 RES 2: 1.4981 (61.8% retracement of 1.5163 and 1.46872) RES 1: 1.4900 (200 day Hourly EMA) PRICE: 1.48887 @ 5:45GMT SUP 1: 1.4832 (200 day HMA) SUP 2: 1.4747 SUP 3:1.4687 (19th Mar...
AUD/USD finds major support at 78 cents retracement
Mar 26, 2015 05:30 am UTC| Technicals
During Asian session pair seen under pressure Month/qtr and in particular year end flows out of Tokyo mostly blamed AUD down by 0.8%, 0.4% and 0.6% against JPY, CAD and EUR respectively stocks under...
NZD/USD struggles to strengthen
Mar 26, 2015 05:15 am UTC| Technicals
NZD struggling to strengthen after initial sub at 0.7570 Heightened risk aversion offshore stoked by developments in the Gulf Potential for safe-haven flows into USD now working to prevent NZD...
Mar 26, 2015 04:57 am UTC| Technicals
Pair seen sub 119.00 and test of 118.85 - 100 DMA expected Test of 118.85 100-DMA maybe only a matter of time, not below since Aug 8 Bailing JPY long position vs AUD, NZD Selling pressure in AUD/JPY ...
Mar 26, 2015 04:37 am UTC| Technicals
Pair off a leg to 119.12, hits stops sub-119.20, recent lows at 119.22-23 More stops seen sub-119.00 but Japanese fund bids likely to return Pairs pushed down by intraday jobbers, will turn positions on a dime Off...