USD/BRL holds old support line ahead of the Fed
Jun 16, 2015 12:51 pm UTC| Technicals
Real money demand for BRL ebbing today as Fed risk looms USD at new highs by 3.1730 after poor Brazil retail sales USD/BRL holding old support line, BMF 1-mth USD/BRL NDF support line sits at 3.1580 Todays S.P. range...
USD/MXN eyes 10-DMA by 15.5065 ahead of the Fed
Jun 16, 2015 12:43 pm UTC| Technicals
USD/MXN likely rallies as Fed poised to hike in Sep/Oct, Banxico steady Trades in tight 15.40/46 range, USD bid vs DM on Grexit fears Above 100-HMA 15.4359, eyes 10-DMA 15.5065 then daily tenkan 15.5580, support 15.3998...
AUD/USD lift stalls at 55 DMA caps, commodities weigh
Jun 16, 2015 12:17 pm UTC| Technicals
AUD/USD overnight lift stalls short of 55-DMA, its capped rallies lately US Treasury yield slip allowing a bounce, pair choppy but with bearish tint Heavy copper iron-ore aid weigh on AUD, pair dips toward 0.7720 bids,...
EUR/GBP breaks channel support, decline till 0.7080 cannot be ruled out
Jun 16, 2015 11:37 am UTC| Technicals
RES 4 : 0.7438 (88.6% retracement of 0.7482 and 0.7545) RES 3: 0.7380 (Support turned into resistance) RES 2: 0.7287 (200 day 4HMA) RES 1: 0.7228 (55 day H EMA) PRICE: 0.7204@11:27 GMT SUP 1:...
Aussie trades in narrow range, good to buy on breakout
Jun 16, 2015 11:17 am UTC| Technicals
RES 4: 0.7850 RES 3: 0.7817 (Jun 3rd high) RES 2: 0.7780(Jun 15th high) RES 1: 0.7767 (Jun 11th high) PRICE: 0.7737 @ 10:52 GMT SUP 1: 0.7670 (trend line joining 0.7600 and 0.7640) SUP 2: 0.7630...
EUR/USD consolidates between 1.120 and 1.1330, good to sell on rallies
Jun 16, 2015 10:51 am UTC| Technicals
RES 4 :1.4656 (May 15th high) RES 3:1.13855 (Jun 10th high) RES 2: 1.13301 (Jun 11th high) RES 1: 1.1290 (Jun 12th high) PRICE: 1.12575 @ 10:32 GMT SUP 1: 1.1245 (200 day HMA) SUP 2: 1.1178 (Jun...
USD/JPY faces strong resistance around 124.15, trend reversal only above that level.
Jun 16, 2015 09:38 am UTC| Technicals
RES 4: 125.84 (Jun 5th high) RES 4:125 RES 3 : 124.60 (Jun 10th high) RES2: 124 (200 day HMA) PRICE: 123.53 @ 09:28 GMT SUP 1 : 123.46 (20 day HMA) SUP 2: 123.10 (Jun 14th low) SUP 1 : 122.70...