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GBP/USD elicited fresh support pre-1.5720

Jun 23, 2015 15:49 pm UTC| Technicals

Cable elicited fresh support pre-1.5720 around London fix 1.5762/65 flips to resistance pre-1.58 (sub-1.58 stops hit in Asia) 1.5722 = earlier low after hawkish Fed Powell steer More bids tipped at 1.5700 (1.57 vaulted...

USD/MXN hovers by 21-DMA/Kijun resistance

Jun 23, 2015 14:07 pm UTC| Technicals

USD/MXN rises above minor Fib resistance, hovers by 21-DMA/Kijun resistance by 15.4225 Further resistance at 15.4696 50% Fib of 15.77 (15 high)-15.1690 range Below 15.28 the Jun 19/22 low, into the cloud exposes May 15...

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:...

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