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USD/JPY yield spread a drag today

Jun 08, 2015 12:41 pm UTC| Technicals

USD/JPY big 125-126 expiries today, 1-mo volume down at late-May levels; RRs barely bullish Tenkan Fris low at 124.31/36; stops past 126, but yield spread a drag today Post-NFP surge toward 126 not confirmed by new...

EUR/GBP recovers from low levels, good to buy at dips

Jun 08, 2015 12:27 pm UTC| Technicals

RES 3 0.7480 (May 7th High) RES 2 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 1: 0.7380 (Support turned into resistance) RES1 : 0.7340 (61.8% retracement 0.73845 and 0.7265) PRICE: 0.7330...

AUD/USD not far from recent lows

Jun 08, 2015 12:17 pm UTC| Technicals

AUD/USD slightly higher on Obama/White House USD issue but still lingering near recent lows Pair could see a new bear leg if it slips below 0.7530 Eyes resistance near 0.74670/80 as US yields a bit soft USD staying...

USD/ZAR correction underway

Jun 08, 2015 12:11 pm UTC| Technicals

USD/ZAR correction underway but still out of the money, price hits 12.656 before turning Daily Stochs continue to bump along sideways at overbought level 30-Day upper Bollinger line clear below price, indicating...

AUD/USD recovers from low of 0.7595, good to sell on rallies

Jun 08, 2015 12:01 pm UTC| Technicals

RES 3: 0.7760 (Jun 4th high) RES 4: 0.7725 (Jun 5th high) RES 2 :0.7687 (200 day HMA) RES 1 : 0.7660 (trend line resistance ) PRICE: 0.7635 @ 12:00 GMT SUP 1: 0.7650 SUP 2:0.7590 (Jun 1st...

GBP/USD is facing trend line resistance around 1.5310 , decline till 1.5180 is possible

Jun 08, 2015 11:45 am UTC| Technicals

RES 4: 1.5380 (Jun 3rd high) RES 3: 1. 5350 (20 day HMA) RES 2: 1.5306 (200 day HMA) RES 1: 1.5263 (20 day HMA) PRICE: 1.52506@ 11:34 GMT SUP 1: 1.5169 (Jun 1st low) SUP 2: 1.5080 (May 5th...

USD/JPY declines from 13 year high, good to sell on rallies

Jun 08, 2015 09:09 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: 125.33 @ 10:43 GMT SUP 1: 125.28...

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