AUD/USD sees poor price action, 55 & 21-DMA weigh
Jun 11, 2015 14:27 pm UTC| Technicals
Poor price action for AUD/USD bulls as 55 21-DMA weigh daily RSI rolls over Solid Oz jobs sees spike up, most gains erased in Europe, NY erases all 0.7685/00 is support, 10-DMA hourly lows in that area, above...
USD/JPY post retail sales pullback held 50% Fibo; 2-yr spreads lift
Jun 11, 2015 13:40 pm UTC| Technicals
USD/JPY post retail sales pullback held 50% of 122.55-124.19 rise at 123.32, 200-HMA at 124.26 upside pivot Pullback partly due to 10-yr yield spreads falling further as Tresury curve flattened USD/JPY correlation to...
NZD/USD pierces Sep '10 low, long-term bear trend intact
Jun 11, 2015 13:24 pm UTC| Technicals
NZD/USD long-term bear trend intact, diverging CB views to weigh despite short-term bounce Pair pierces Sep 10 low, Aug 10 low (0.6947) next bear hurdle Stops likely below, once run July May 10 lows then...
Retail Sales beat sent USD/JPY thru 123.80 hurdles; curve flattens
Jun 11, 2015 13:20 pm UTC| Technicals
USD/JPY rises briefly on US core Retail Sales beat revision upwards Thru 123.80 hurdles, Treasury curve flattening response limits rise as bond yields fall; 123.16 Tenkan resistance Focus should shift back to 2-yr...
EUR/USD 10-DMA in play after solid retails sales
Jun 11, 2015 12:54 pm UTC| Technicals
EUR/USD dives, bounce seen as claim a bit higher than forecast Pair falls further from trend-line off May high daily RSI biased down USD UST yields lift on sales beat, DE-US spreads further in USDs favor Choppy...
USD/BRL flirts with 61.8% Fib resistance by 3.1600
Jun 11, 2015 12:25 pm UTC| Technicals
USD/BRL ratchets higher in early NY, as BCB removes some BRL support, daily swaps cut to 6300 from 7000 contracts Pair blasts above 10-DMA (3.1380) resistance, flirts with 61.8% Fib res by 3.1600 Upper 21-d Bolli at...
AUD/USD is struggling to break 200 day 4 HMA, good to buy at dips
Jun 11, 2015 11:55 am UTC| Technicals
RES 4: 0.7930 (May 22nd high) RES 3: 0.7846 (200 day 4 HMA) RES 4: 0.7820 (Jun 3rd 2015) RES 3: 0.7780 PRICE: 0.7725 @ 11:53 GMT SUP 1: 0.7737 (20 day 4 H EMA) SUP 2:0.7690 (55 day 4 H...