NZD/USD bulls putting up a good fight
Jun 18, 2015 14:24 pm UTC| Technicals
NZD/USD dives to 0.6880 channel base overnight, area holds long lower wick forms Bulls are putting up a good fight and recent shorts should be on edge 0.7015/25 is resistance with a bit more near 0.7080 If cleared a...
Grexit could depress EUR/GBP cross to 0.6750
Jun 18, 2015 14:07 pm UTC| Technicals
Grexit could raise doubts over euro longevity and depress cross to 0.6750 0.6750 was average EUR/GBP level thru 1st 10 years of the euro, 1999-2008 0.71 0.7015 (88mth low in Mar) among EUR/GBP bear targets...
USD/MXN moves through daily cloud base support at 15.2133
Jun 18, 2015 13:49 pm UTC| Technicals
USD/MXN moves through daily cloud base support at 15.2133 Traders long at 15.2300, target a return to Jun 10 high area by 15.5700 Support 15.1699 the 76.4% Fib of 14.9845-15.7700, then lower 21-d Bolli 15.1246 Stops...
AUD/USD clears 55-DMA & daily highs near 0.7825/40
Jun 18, 2015 13:19 pm UTC| Technicals
AUD/USD bulls encouraged by resistance break, 0.7935 0.8010 are interim resistance zones Persistent USD slip sees market ignore tighter AU-US yield spreads RSIs biased up with room to run, rally may have legs, May high...
USD/JPY supported at Jun 10 low by Kijun & 50% Fibo
Jun 18, 2015 13:13 pm UTC| Technicals
Low Claims limit soft CPI impact after big slide overnight left hourlies oversold 122.46 May 10 spike low bolstered by 122.37: 50% of 118.89-125.86 Kijun Strong 21-DMA breakdown points to lower Bolli 61.8% tests...
Aussie breaks short term resistance 0.7820, weakness only below 0.7750
Jun 18, 2015 13:09 pm UTC| Technicals
RES 4: 0.7945 (61.8% retracement of 0.8160 and 0.75977) RES 3: 0.7930 (May 22nd high) RES 2: 0.7860 RES 1 : 0.7820 (Jun 3rd high) PRICE: 0.7836 @ 13:08 GMT SUP 1: 0.7780 (resistance turned into support)...
EUR/CHF attempts to break ressitance at 1.0468, bullish in the near term
Jun 18, 2015 13:07 pm UTC| Technicals
The EUR/CHF has rebounded from 1.0412 level and trying to break the resistance level at 1.0468, currently the pair is trading at 1.04508. The pair is more likely to go to higher level and consolidate above the 38.2%...