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EUR/USD breaks major support at 1.1200, targets 1.1065

Jun 12, 2015 12:11 pm UTC| Technicals

RES4:1.13855 (Jun 10th high) RES3: 1.13301 (Jun 11th high) RES 2: 1.1270 (55 day H EMA) RES 1: 1.1221 (200 day HMA) PRICE: 1.1203 @ 12:05 GMT SUP 1: 1.1178 (Jun 11th low) SUP2: 1.1101 (50 %...

GBP/USD volumes down as consolidation persists

Jun 12, 2015 12:10 pm UTC| Technicals

Consolidation in GBP/USD persists driving down volumes Market continues to trade circa the 1.5491 pivot point Trading has been range bound today around 1.5468-1.5527 range 1.5449 pivot point provides decent support,...

EUR/GBP breaks 200 day HMA, decline till 0.7165 cannot be ruled out

Jun 12, 2015 11:54 am UTC| Technicals

RES 4 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 3: 0.7380 (Support turned into resistance) RES 2: 0.7300 (20 day 4HMA) RES 1: 0.7240(200 day 4HMA) PRICE: 0.7230@11:53 GMT SUP 1: 0.7195...

AUD/USD takes support near 0.7670 (trend line joining 0.760 and 0.7640) , good to buy at dips

Jun 12, 2015 10:25 am UTC| Technicals

RES 4: 0.7817 (Jun 3rd high) RES 3: 0.7767 (Jun 11th high) RES 4: 0.7740 (20 day HMA) RES 3: 0.7711 (200 day HMA) PRICE: 0.7716 @ 10:22 GMT SUP 1: 0.7670 (trend line joining 0.7600 and 0.7640) ...

USD/JPY faces trend line resistance around 124, bullishness only above that level

Jun 12, 2015 09:17 am UTC| Technicals

RES 4:125 RES 3 : 124.60 (Jun 10th high) RES2: 124.20 (200 day HMA) RES 1: 123.80 (Support turned into resistance) PRICE: 123.77 @ 09:03 GMT SUP 1 : 123.50 (20 day HMA) SUP 2: 123.23 (55 day H...

USD/JPY may test the tankan line at 124.16 levels

Jun 12, 2015 06:32 am UTC| Technicals

Support levels at 122.87, 76.4% retrace of the 122.46 to 124.19 Tenkan kijun lines is positively aligned A daily close above 124.16 needed to accelerate further 126.00...

USD/KRW finds a bid tone as players cover shorts ahead of weekend

Jun 12, 2015 05:44 am UTC| Technicals

Greece back in the limelight as it move closer to a possible end-game Pairnear session highs at 1112.7 last and up around 4 won from Thursday close Traders preference is to stay long USD but hurt by one...

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