GBP/JPY eyes upper 190s targets, GBP buoyed by UK wage inflation pick-up
Jun 17, 2015 12:44 pm UTC| Technicals
GBP/JPY upper 24-month Bolli at 195.90 top of up channel from Apr at 197.39 today GBP gains accelerate from UK wage inflation pick-up Grexit haven flows Yen sold by RM as Trade data show yen slide isnt helping...
USD/MXN price anchored 15.38-15.48, Daily Kijun supports
Jun 17, 2015 12:19 pm UTC| Technicals
USD/MXN trades NY open near flat to Tues close at 15.40 Resistance 100/55-HMA by 15.4250, 10-DMA 15.4884, Tenkan 15.5580 Daily Kijun by 15.3773 supports, cloud top 15.2789 Main drivers oil (+1.7%) and UST yields (10-yr...
EUR/GBP breaks channel support at 0.7165, decline till 0.7050 cannot be ruled out
Jun 17, 2015 11:50 am UTC| Technicals
RES 3: 0.7380 (Support turned into resistance) RES 3: 0.7272 (55 day 4 H EMA) RES 2: 0.7236 (200 day 4HMA) RES 1: 0.7184 (7 day H EMA) PRICE: 0.7162 @11:50 GMT SUP 3: 0.7165 (resistance turned...
Aussie breaks short term support 0.7670, decline till 0.7590 is possible
Jun 17, 2015 10:56 am UTC| Technicals
RES 4: 0.7817 (Jun 3rd high) RES 3: 0.7780(Jun 15th high) RES 2: 0.7767 (Jun 11th high) RES 1 : 0.7735 (20 day 4HMA) PRICE: 0.7672 @ 10:55 GMT SUP 1: 0.7670 (Jun 12th low) SUP 2: 0.7630 ...
USD/JPY consolidates between 123-124.15, good to sell on rallies
Jun 17, 2015 09:21 am UTC| Technicals
RES 4: 125.84 (Jun 5th high) RES 4:125 RES 3 : 124.60 (Jun 10th high) RES2: 123.89 (200 day HMA) PRICE: 123.80 @ 09:09 GMT SUP 1 : 123.40 (20 day HMA) SUP 2: 123.10 (Jun 14th low) SUP 1 :...

GBP/USD technical suggests consolidation
Jun 17, 2015 06:57 am UTC| Technicals
Initial resistance is seen at 1.5655 levels, pair consolidates just under Tuesdays 1.5655 peak Pair just shy of the 76.4% retrace of the 1.5815/1.5170 slide Day studies are overbought but require a...

EUR/USD trading in tight range before FOMC
Jun 17, 2015 06:28 am UTC| Technicals
Tight ranges prevail, capped by the hourly kijun at 1.1267 Day trend studies are ticking lower, short target at 1.1050 Initial support is seen at 1.1151 and 1.1144...