AUD/USD managed to hold up well yesterday despite 3.72% fall in iron ore
Jun 17, 2015 02:50 am UTC| Technicals
AUD and NZD easing across the board in quiet Asian session Initial support at 0.7720, 10 DAM and 0.7704 Dalian iron ore futures down 2.70 % in Asia...
USD/MXN supported 21-DMA at 15.3978
Jun 16, 2015 17:37 pm UTC| Technicals
USD/MXN hovers in 15.39/46 range near daily pivot (15.4337) Resists yaw of broader market on Greek headlines Daily pivot resistance at 15.4618, 21-DMA by 15.3978 supports Above 15.4670 Tues high eyes 10-DMA by 15.5050,...
USD/JPY retests Mon's NY low; 21-DMA at 123.31 key on close
Jun 16, 2015 14:38 pm UTC| Technicals
USD/JPY retests Mons NY low by 123.30; 21-DMA at 123.31 key on close Merkels conciliatory Greek comments lifted deal hopes/stocks this morning DM stocks well off days lows but EUR/JPY sold on EUR FX hedging Cross...
NZD/USD limited reaction to weak milk auction
Jun 16, 2015 14:23 pm UTC| Technicals
NZD lifts despite weak milk auction, Fonterra GDT PI -1.3% to $2,409 WMP falls only 0.1% to $2,327 and the market is short NZD 0.7000 tested but holds for now, pair still consolidating recent losses Suggests long-term...
EUR/GBP recovery back to 0.7210 - pivot probable
Jun 16, 2015 13:55 pm UTC| Technicals
EUR/GBP intra-day bulls likely to push back, scope for a recovery back to 0.7210 - pivot Pair left a long tail on the previous hours candlestick line There has been a failure to perform an hourly close above 0.7186...
USD/CLP slips, rising 10-DMA supports by 630.45
Jun 16, 2015 13:25 pm UTC| Technicals
USD/CLP moves a touch lower as US housing starts miss, permits rise Daily/weekly stochs elevated, support at 10-DMA by 630.40, then daily pivot 626.20 USTs hold on to early gains ahead of FOMC, peso shrugs off weak...
EUR/USD sub-10 DMA again after trend-line caps
Jun 16, 2015 12:59 pm UTC| Technicals
EUR/USD trend-Line off May high caps overnight ensuing slide, pair sees sub-10 DMA again Sub-1.1150 sees little support until 1.1150/80 area US data pushes down near 1.1200, bids into that area Short-Term market focused...