EUR/USD sets new session low of 1.1237, as USD firms on soft commodities
Jun 17, 2015 15:10 pm UTC| Technicals
EUR/USD dives and sets new session low of 1.1237 DOE stats data gives USD a big boost, lead by USD/JPY Slide below 10-DMA deepens as spreads widen daily RSI weighs Support into 1.1215/20 then 1.1185/90, likely tough...
EUR/JPY rising, Yen slide main driver
Jun 17, 2015 14:23 pm UTC| Technicals
EUR/JPY builds off last weeks 38.2% correction, resets overbought RSIs Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs Jun 12s 138 low completed 38.2% of late May-Jun uptrend Crucial hurdles are...
GBP/USD offers may emerge near 1.5800-15 if cable vaults 1.5755
Jun 17, 2015 13:57 pm UTC| Technicals
GBP/USD 1.5800-15 resistance window looks strong Offers may emerge near 1.5800-15 if cable vaults 1.5755 (1mth high) Ascent to 1.5755 spurred by big UK earnings beat 1.58 among recently mooted bull targets. 1.5815 =...
Jun 17, 2015 13:46 pm UTC| Technicals
EUR/SEK 9.1750 long in play but daily cloud standing in the way at 9.2370 Daily Stochs and a cloud twist out to 9.2945 July 2 Risk to the trade could come from a bearish...
USD/CLP drifts higher with 10-HMA by 635.47
Jun 17, 2015 13:40 pm UTC| Technicals
Hedge Funds exit USD short ahead of FOMC, move from large buyers of CLP to sellers, RM also sold CLP HFs tipped as sellers of, highly correlated, copper as well, weighs on CLP USD/CLP drifts higher with 10-HMA (635.47)...
USD/JPY 124.15-20 hurdles in play on Fed, oil's rise
Jun 17, 2015 13:18 pm UTC| Technicals
USD/JPY next hurdles by Tenkan 50% Fibo at 124.16 Jun 11 high at 124.195 Fed-BOJ policies still divergent, even if FOMC rate hike timing stays vague 1.7% WTI rise bullish pricing pattern past few weeks favor Fed...
NZD/USD sets new lows, bigger losses likely
Jun 17, 2015 12:53 pm UTC| Technicals
NZD/USD consolidation ends, new low set, bear pennant forming since last week sees break lower Bigger losses likely after pennant break but Fed risk looms, long-term bears eye May 2010 low If Fed dovish todays slide...