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Forex Flash: AUD/USD has remained under pressure - Commerzbank

FXstreet.com (London) - With the Aussie through parity, Analyst, Karen Jones at Commerzbank who had been targeting this level the market currently trades at 0.9871/62 tells us that this is the location of the 200 week ma and the 2011-2013 uptrend and that they are cautious of a rebound here. They noted a TD perfected set up and say that this often warns of corrective rebounds. She said that any rallies are expected to find that the previous range lows at 1.0000/16 that will offer good interim resistance and they would expect the market to remain capped by the 1.0237 short-term downtrend.

Forex Flash: EUR/USD uninterested in retaking 1.3000 - OCBC Bank

Emmanuel Ng, of OCBC Bank notes that EUR/USD has shown little desire to re-take the 1.3000 threshold in recent sessions and a violation of the 1.2900 area may see a drop to 1.2850/70 in due course.
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Forex: EUR/HUF in 3-month lows below 292.00

The Hungarian forint is markedly appreciating against the single currency on Wednesday, after the GDP figures for the first quarter surpassed expectations. In fact, economic activity in Hungary expanded...
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