Technical Analysis

Aussie Currencies Technicals

The bounce from recent 5+ year lows has so far stalled ahead of the 21-DMA with

EUR/USD is trying to bounce near the key support at 1.1877 (07/06/2010 low).

The fresh 5+ lows Monday reconfirmed bearish pressure and saw overall focus shift to

Fresh 5+ year lows to start the new week confirm overall bearish focus on

EUR/USD: Momentum strongly pro-decline, but euro significantly oversold.

EUR/USD continues to decline. The strong support at 1.2043 has been broken and

EURUSD: The unexpected (or rather premature given our long term target in the 1.07/11 area)

The sell-off in early Asian trading took out the 2010 low on the way to

The failure at the 21-DMA ($0.8188) last week and ahead of the $0.8235 resistance was followed up

EURUSD: Sellers retain the upper hand and it still looks like a sell once the intraday stretch is gone.

Focus on the 2012 low has seen the pair come within a few pips of this level in

USD/SGD is hesitating a little following fresh 2014 and 4+ year highs with