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AUD/USD traded around 0.7715 after a few stops were triggered below 0.7720

Jun 17, 2015 03:19 am UTC| Technicals

Both yesterdays low and the 10-day MA converged around 0.7720 Initial support is seen at Mondays low 0.7704 and buyers are tipped ahead of 0.7700 Traders now awaits FOMC for the further...

GBP/NZD continues to trade higher; up 4% in June, 11% in last 3-months

Jun 17, 2015 03:01 am UTC| Technicals

Pair overnight broke 2.2319 level, 38.2 Fibonacci retracement 2.9852-1.7663 Next target at 50% retracement at 2.5196, stops placed below 2.1000 Long positioning very appealing to both fundamental and...

AUD/USD managed to hold up well yesterday despite 3.72% fall in iron ore

Jun 17, 2015 02:50 am UTC| Technicals

AUD and NZD easing across the board in quiet Asian session Initial support at 0.7720, 10 DAM and 0.7704 Dalian iron ore futures down 2.70 % in Asia...

USD/MXN supported 21-DMA at 15.3978

Jun 16, 2015 17:37 pm UTC| Technicals

USD/MXN hovers in 15.39/46 range near daily pivot (15.4337) Resists yaw of broader market on Greek headlines Daily pivot resistance at 15.4618, 21-DMA by 15.3978 supports Above 15.4670 Tues high eyes 10-DMA by 15.5050,...

USD/JPY retests Mon's NY low; 21-DMA at 123.31 key on close

Jun 16, 2015 14:38 pm UTC| Technicals

USD/JPY retests Mons NY low by 123.30; 21-DMA at 123.31 key on close Merkels conciliatory Greek comments lifted deal hopes/stocks this morning DM stocks well off days lows but EUR/JPY sold on EUR FX hedging Cross...

NZD/USD limited reaction to weak milk auction

Jun 16, 2015 14:23 pm UTC| Technicals

NZD lifts despite weak milk auction, Fonterra GDT PI -1.3% to $2,409 WMP falls only 0.1% to $2,327 and the market is short NZD 0.7000 tested but holds for now, pair still consolidating recent losses Suggests long-term...

EUR/GBP recovery back to 0.7210 - pivot probable

Jun 16, 2015 13:55 pm UTC| Technicals

EUR/GBP intra-day bulls likely to push back, scope for a recovery back to 0.7210 - pivot Pair left a long tail on the previous hours candlestick line There has been a failure to perform an hourly close above 0.7186...

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