AUD/USD is holding its gains in mid afternoon trading
Apr 22, 2015 05:27 am UTC| Technicals
AUD/USD up 0.75%; AUD/NZD up 0.7%; EUR/AUD down 0.75% Only AXJ followed the AUD lead suggests China correlation at work AUD move today likely overstated by short covering interests Offshore however has a weakness...
USD/JPY is facing strong resistance around 200 day 4HMA,further bullishness only above that level
Apr 22, 2015 05:21 am UTC| Technicals
RES 4: 122.01 RES3 :121.18 RES 2: 120.81 (Apr 13th high) RES 1: 120.06 (200 day 4HMA) PRICE: 119.47 @ 05:09 GMT SUP1 -119.20 (20 day 4HMA) SUP 2: 118.50 (Apr 20th low) SUP 3: 118.16 (61.8%...
AUD/NZD short covering started to bite with pair up 0.85% to 1.0125
Apr 22, 2015 05:14 am UTC| Technicals
As expected AUS CPI data caught AUD shorts wrong-footed NZD/USD opens Wednesday at 0.7673 trades 0.7658-87 range in Asia NZD/USD touched 0.7687 in sympathy with AUD/USD...

GBPUSD flat ahead of BOE monetary policy meeting minutes
Apr 22, 2015 04:55 am UTC| Technicals
Pair trading between 1.4910- 1.4945, last at 1.4941 Near term support falls at 1.4913 and 1.4855 (Low April 21) Daily close above 1.4855 is required to get further direction Resistance falls at 1.4983 and 1.5053...
USD/SGD within broad 1.3500-1.3530 range so far
Apr 22, 2015 03:05 am UTC| Technicals
Fast money, interbank specs sold at 1.3530 but buyers parked at 1.3500 still Break either side needed for next directional move Spike in AUD after CPI, uncertainty re next RBA rate move weigh Pair last...

USD/MXN at session lows by 15.38, finds support by 55-HMA
Apr 21, 2015 15:43 pm UTC| Technicals
Source: Thomson Reuters USD/MXN nears NY session lows by 15.38, Greece progress weighs on USD, UST yields rise Price pierces daily pivot, finds support by 55-HMA (15.3489) MXN strength may be short-lived as low...

AUD/USD rises, eyes daily pivot at 0.7759
Apr 21, 2015 15:00 pm UTC| Technicals
Source: Thomson Reuters AUD/USD back in the cloud, eyes 0.7752 todays high as USD broadly lower Progress on Greece sees safe haven flows exited Resistance at daily pivot at 0.7759, then minor Fib at 0.7775 Support...