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USD/JPY breaks major support 119.50, decline till 118.50 is possible

May 14, 2015 05:17 am UTC| Technicals

RES4 120.80 (Mar 10th High) RES 2 :120.50 (May 5th high) RES 2 119.80 (200 day HMA) RES1:119.25 (20 day HMA) PRICE: 119.17 @ 05:16 GMT SUP1: 119 (May 7th low) SUP2: 118.50 (Apr 30th low) SUP...

USD/SGD checked ahead of 1.3200

May 14, 2015 05:12 am UTC| Technicals

Pair hit 1.3205 low but local bids stall Pair traded 1.3205-67 range so far, last 1.3213-18 Range amid 1.3200-30 for now, nearby support at 1.3192, Apr 30...

USD/THB hit stops below 33.50 to 33.42 low last

May 14, 2015 03:36 am UTC| Technicals

Panic selling from locals/exporters added to quick drop Nearby support at 33.39, previous high on May 5 Pair last at...

AUD/USD stops above 0.8150 pushed it to 4 month high at 0.8164

May 14, 2015 02:56 am UTC| Technicals

AUD performing surprisingly well despite market volatility caused by bond overthrow AUD benefitting from commodity gains and unwinding of "deflation trades RBA wont like the move up in AUD/USD - especially...

EUR/USD targets above 1.1400

May 14, 2015 02:46 am UTC| Technicals

Pair retains bid tone as USD broadly weaker on shifting Fed expectations Few stops above 1.1400 could draw the price action in session ahead Resistance at last weeks 1.1393 high and break targets...

USD/MYR traded higher initially, Short cover interests

May 14, 2015 02:34 am UTC| Technicals

Renewed selling took control on failure at 3.5900 Pair to test 3.5800 support, but expecting local bids Pair last 3.5820-50, NDFs 3.5930-70; KLCI...

NZD/USD bulls are elated, 0.7520/35 is critical

May 13, 2015 15:38 pm UTC| Technicals

NZD/USD rising post-FSR lows, 10-DMA cloud top pierced Bull engulfing candle forms daily RSI diverges, bulls are elated 0.7520/35 zone is decent resistance, 55-DMA, May 11 high 50% Fib of 0.7744-0.7318 drop sit...

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