AUD/USD bullish, positive close on the week would be a concern

Apr 24, 2015 10:06 am UTC| Technicals

Pair rallied against the short extending further into the cloud Retest of this weeks top at 0.7844 not ruled out Another rebound from the 55 DMA at 0.7734 is...

EUR/CHF intraday rally slowed down at 1.0379, just introvert of 21 DMA

Apr 24, 2015 09:10 am UTC| Technicals

Near term support at 1.0312, overnight low was 1.0325 Major support and resistance falls at 1.0236/ 1.0465 Short target/stop relatively tight at 1.0236/1.0465...

USD/CAD hovering just above key Jan 21 low at 1.2062

Apr 24, 2015 08:53 am UTC| Technicals

Brent trades new recovery high at USD 65.62/bbl, should enhance CAD BOC saw near-term downside risks oil, Brent up USD 5 since Apr 15 meeting Today may also see oil settlement flows, demand for CAD,...

USD/CHF nearer to 200 DMA at 0.9493

Apr 24, 2015 06:44 am UTC| Technicals

Long in play but big down day and negative close concerns Prices trade back below the 10 and 100 DMAs at 0.9617 and 0.9595 The long stop is under the recent base at 0.9486 (Apr 3...

EUR/USD is facing resistance around 1.0850, market eyes German IFO data

Apr 24, 2015 06:20 am UTC| Technicals

RES 4:1.1035 (Apr 6th High) RES 3: 1.100 RES 2: 1.0935 (61.8% retracement of 1.105 and 1.0520) RES 1: 1.0847 (Apr 17th high) PRICE: 1.08022 @ 6:19 GMT SUP 1: 1.0753 (200 day HMA) SUP 2: 1.0640 (61.8%...

USD/SGD heavy on above f/c industrial output but support at 1.3400 intact

Apr 24, 2015 05:35 am UTC| Technicals

Industrial production above expectations at 1.2%m/m, -5.5%y/y Pair last 1.3408-13, traded 1.3400-36 range so far USD Durable goods data in focus...

AUD/USD bouncing around session lows in lacklustre end to Asian week

Apr 24, 2015 05:19 am UTC| Technicals

Iron ore up 6%, 15% since 6 April yet AUD/USD below 78 cents Bears rule in AUD especially offshore giving short shrift to Japan Inc buying RBA surely wants to see budget first and then take interest rate...