EUR/USD bears to rule as daily RSI biased down
Jun 12, 2015 13:03 pm UTC| Technicals
EUR/USD lift up near 1.1245/50 on DAX slip due to Greek headlines Yield spreads going further in USDs favor also aid to limit gains Gains limited though as large XXX near 1.1225/30 becoming magnetic Bears to rule as...
USD/JPY falters by the now-falling 200-HMA at 123.80
Jun 12, 2015 12:55 pm UTC| Technicals
USD/JPY highs since Jun 8 have faltered by the now-falling 200-HMA, last at 123.80 2-yr yield spreads are supportive; 10s help today, too; PPI firm 50% Fibo, Tenkan Thurs high at 124.16/19 are key pivots above...
NZD/USD bears unrelenting, pressure remains
Jun 12, 2015 12:47 pm UTC| Technicals
NZD/USD bears unrelenting as pair sets new long-term trend low Aug 10 low bear channel base neared, bounce seen but its meager Break of 0.6945/50 opens door to July 2010 low at 0.6795 Above 0.7070 eases some bear...
USD/MXN hovers near recent lows by 15.40, BONO/UST yields fall
Jun 12, 2015 12:42 pm UTC| Technicals
USD/MXN hovers near recent lows by 15.40, Mex BONOs higher (price) Offers tipped by resistance 15.4391 55-HMA, 100-HMA 15.5255 (both former support) USD/MXN support 15.3460 Thurs/Fri low, then 15.2719 daily cloud top No...
AUD/USD 55-DMA caps twice, range bottom test likely
Jun 12, 2015 12:26 pm UTC| Technicals
AUD/USD broad 0.7590/0.7820 range intact, bottom test likely after 55-DMA caps twice 10-DMA is pierced and now acts as a bit of resistance Immediate support in 0.7635/40 area, if breaks 07595/00 eyed June 11 doji...
EUR/USD breaks major support at 1.1200, targets 1.1065
Jun 12, 2015 12:11 pm UTC| Technicals
RES4:1.13855 (Jun 10th high) RES3: 1.13301 (Jun 11th high) RES 2: 1.1270 (55 day H EMA) RES 1: 1.1221 (200 day HMA) PRICE: 1.1203 @ 12:05 GMT SUP 1: 1.1178 (Jun 11th low) SUP2: 1.1101 (50 %...
GBP/USD volumes down as consolidation persists
Jun 12, 2015 12:10 pm UTC| Technicals
Consolidation in GBP/USD persists driving down volumes Market continues to trade circa the 1.5491 pivot point Trading has been range bound today around 1.5468-1.5527 range 1.5449 pivot point provides decent support,...