USD/THB stays firm after Finance minister’s statements
Jun 25, 2015 03:51 am UTC| Technicals
Finance minister said drought will cut GDP further by 0.5 He added interest rates already low, difficult to cut further Pair holds firm, but topside capped by exporters offers Pair traded 33.78-82 range so far,...
AUD/USD continues to trade higher for no noticeable reason
Jun 25, 2015 03:01 am UTC| Technicals
It is back to Wednesdays opening level on decent buying flows in thin market USD slightly lower in Asia vs most currencies led by AUD and NZD Initial resistance at 61.8% Fibonacci retracement of yesterdays...
USD/INR in consolidation stage
Jun 25, 2015 02:47 am UTC| Technicals
Pair ended at 63.60 yesterday, after intraday high at 63.70, likely trading range is 63.40/70 Oil trader bids, intervention fears to stall selling pressure NDFs traded 63.85-63.90 range overnight,...
USD/MXN Stoch's/RSI near overbought
Jun 24, 2015 19:45 pm UTC| Technicals
USD/MXN Stochs/RSI near overbought, pointing higher 55-HMA (15.3779) support trails, above 50% Fib (15.4695), finds resistance ahead of 15.50 Above 15.50 June 11 high at 15.5675...
AUD/NZD pullback likely as consolidation breaks lower
Jun 24, 2015 19:41 pm UTC| Technicals
AUD/NZD recent consolidation in 1.1220/1.1300 zone sees a break lower 10-DMA gets pierced, close below should accelerate the slide Daily RSI biased down after turning from deeply overbought zone A pullback within the...
USD/JPY lower, 123.64-71 pullback support
Jun 24, 2015 17:44 pm UTC| Technicals
Realization Greek deal harder than thought hurts risk, helps yen a bit USD/JPY 124.38 high 3 pips from 161.8% of Jun 18 low-Jun 19 high base 38.2% of the 122.48-124.38 rise is at 123.67 v 71 low today, 64 noon low...
AUD/USD slide gathers pace, AUD braodly offered
Jun 24, 2015 15:29 pm UTC| Technicals
Overnight gains were fading but picked up steam as USD US Treasury yields rally AUD/USD slide gathers pace, broad AUD selling seen, crosses in particular Pair threatens Jun 23 low, stops likely below, if run short-term...