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USD/JPY breaks short term support 124.20, decline till 123.50 is possible

Jun 09, 2015 09:17 am UTC| Technicals

RES 4:127.55 (61.8% Projection of 118.90 to 125.04 from 123.74) RES 3 : 126.50 RES2: 125.84 (161.8% retracement of 125.04 and 123.74) RES 1: 125.49 (20 day HMA) PRICE: 124.18 @ 10:43 GMT SUP 1: 124.40...

USD/MYR technical bias bullish, initial target 3.8

Jun 09, 2015 06:57 am UTC| Technicals

Pair maintains firm bias above 3.7600 into European trades Weak exports, -8.8% in April; 1MDB worries, ratings downgrade fears underpin Pair last at 3.7610-30, traded 3.7480-3.7630 range so far NDFs last ...

AUD/USD is supported below 0.77 ahead of Europe open

Jun 09, 2015 06:19 am UTC| Technicals

Low key affair with AUD/USD range bound after Mondays 0.9% gain Rally on back of positive NAB business confidence numbers EUR/AUD up 5.5% since May 26, preferred way to express short AUD...

USD/KRW firm at 1121.5 and at session highs in a moderate affair

Jun 09, 2015 05:52 am UTC| Technicals

USD bid today quiet strong with some suspicion of official activity JPY/KRW now within a whisker of 9.00 after testing 8.90 on Thursday Rally comes after strong words from FinMin and suspected official...

USD/IDR as expected well bid from open, JKSE -2.19%, BI cuts GDP forecast

Jun 09, 2015 03:20 am UTC| Technicals

Pair traded 13350-13380 range so far, agents on to, last at 13375-380 Extended stock slump weigh on IDR, JKSE last -2.19% Investors confidence dented further by growth cut BI cuts 2015 GDP f/c to...

EUR/USD easing back after stop loss run to 1.1343

Jun 09, 2015 03:12 am UTC| Technicals

EUR continues to make across the board gains due to short-covering Resistance is found at 1.1380 (June 4 high) with break targeting 1.1468 levels Hourly support has formed between...

USD/INR likely to trade sideways around the 64.00 pivot

Jun 09, 2015 03:01 am UTC| Technicals

Stocks fall, concerns over weaker than expected monsoon season weigh on INR Higher EUR, GBP, foreign interest in INR bonds to limit INR weakness though Sensex closed -0.92%, USD/INR ended 64.08-64.09...

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