EUR/USD spikes up after Fed lowered econ forecasts
Jun 17, 2015 18:21 pm UTC| Technicals
EUR/USD surges after Fed lowers 2015 GDP forecast up uneployment rate forecast Pair then sets new daily high at 1.1300, reversing earlier dips Choppy action may hold until Yellen speaks, market focus to be on her dot...
USD/COP edges higher, Peso mostly hanging in with region
Jun 17, 2015 16:58 pm UTC| Technicals
USD/COP higher but peso only slightly worse than rest of region Familiar 2524/2525 stopped recent USD/COP slide, old and new Fibs there Signs RM removed some selling pressure recently Bigger picture: dollar,...
AUD/USD slide deepens, hits session low on broad USD bid
Jun 17, 2015 16:28 pm UTC| Technicals
AUD/USD earlier bounce to 0.77 negated, pair sets new session low on broad USD bid Next support at June 10 low (0.7636), might see shorts t/p there pre-Fed Commodity slump and UST yield lift aid dive down to 0.7661 RSIs...
EUR/GBP met headwind pre-0.7175, Grexit risk weighs
Jun 17, 2015 16:20 pm UTC| Technicals
EUR/GBP met headwind pre-0.7175 after rallying off 0.7147 Grexit risk helping weigh on cross in addition to pipeline BoE hike hopes 0.7147 = 16-day low after big UK earnings beat 0.7146 = June 1 low. 0.7175 was Tuesdays...
USD surging broadly pre FOMC & London close, lifts USD/JPY
Jun 17, 2015 15:15 pm UTC| Technicals
USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC London close EIA Crude Gasoline stocks not as bullish as forecast: oil drops aids USD lift 61.8% of 125.86-122.46 drop is at 124.56 Jun 10 high...
EUR/USD sets new session low of 1.1237, as USD firms on soft commodities
Jun 17, 2015 15:10 pm UTC| Technicals
EUR/USD dives and sets new session low of 1.1237 DOE stats data gives USD a big boost, lead by USD/JPY Slide below 10-DMA deepens as spreads widen daily RSI weighs Support into 1.1215/20 then 1.1185/90, likely tough...
EUR/JPY rising, Yen slide main driver
Jun 17, 2015 14:23 pm UTC| Technicals
EUR/JPY builds off last weeks 38.2% correction, resets overbought RSIs Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs Jun 12s 138 low completed 38.2% of late May-Jun uptrend Crucial hurdles are...