USD/JPY early-week lows cap rebound, 122.37-51 crucial support
Jun 19, 2015 13:56 pm UTC| Technicals
USD/JPY trapped, underwater spec longs exiting after early-week lows cap rebound EURs tenacity in face of Grexit risk makes JPY a better risk-off buy Stocks yield spreads softer, in part as Greek deal window...
EUR/USD long-term bear pennant looking solid
Jun 19, 2015 13:45 pm UTC| Technicals
EUR/USD rally stalls on June 18, halts at bear pennant top, forming since Feb A long upper wick forms on Thurs candle, sees downside follow through today Daily RSI bearish monthly unwound some oversold, wont impede...
EUR/GBP continues to track 30 DMA lower
Jun 19, 2015 13:37 pm UTC| Technicals
EUR/GBP 0.7126 provides an intraday base Cross continues to track the 30 DMA lower Bollinger (0.7049) south Further downside risk after break of 76.4% retrace of 0.7057/0.7389 30 DMA weighs on rally attempts at 0.7205,...
USD/CLP consolidating below 10-DMA (630.75)
Jun 19, 2015 13:29 pm UTC| Technicals
Safe haven flows weak copper keep USD bid, CLP weak with Copper, pace of China growth slowing USD/CLP consolidating below 10-DMA (630.75) eyes 21-DMA (624.96) Off early session high (632.50) back near 630, USD...
EUR/USD back into the cloud, top at 1.1346 is resistance
Jun 19, 2015 13:15 pm UTC| Technicals
EUR/USD supported at 1.1996 by 10 DMA, 1.1292 was the low Dip below the cloud and 100 HMA was brief on the hourly charts Pair now probed back into the cloud. Top is at 1.1346 provides resistance Daily charts are...
USD/JPY props on broad USD bounce , but slew of resistance between 123.30 & 123.61
Jun 19, 2015 12:54 pm UTC| Technicals
USD/JPY up by early-week lows, but slew of resistance between 123.30 123.61 100-200-HMAs early-week lows c123.30-40: Thus high, Tenkan 21-DMA 60-61 Kijun, Jun 10 low, 50% of 118.89-125.86 are at 123.51/46/37; stops...
NZD/USD bounces getting shallow, RSIs biased down
Jun 19, 2015 12:43 pm UTC| Technicals
Bears eye confluence of key techs in the 0.6855/65 zone New lows have been made recently and bounces have been seen Bounces getting shallow RSIs biased down so bear risks remain 50 Fib of 2009-11 rally, monthly cloud...