AUD/USD clears overhead resistance

The AUD/USD 200-SMA, immediate resistance on 4-hour chart, was cleared in recent trading.

Quoting below this dynamic hurdle for multilple sessions, AUD/USD is now targeting the 800-SMA on the upside.

Sep 18, 2015

GBP/USD moderately weak in Asia

The GBP/USD pair suffered moderate weakness in Asia, although the bid tone around GBP appears to be gathering pace ahead of the European session.

USD/JPY drops to lows near 119.60

The greenback continues to depreciate vs. its main rivals on Friday, now dragging USD/JPY to test fresh daily lows in the 119.60 area...