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Flash: Commodity-based currencies face tempered outlook – UBS

FXstreet.com (Barcelona) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions.

In terms of the AUD/USD, “The pair extended its weakness and is under selling pressure. There is no major support until 0.9582, though resistance is at 0.9919.” In addition, in looking at the USD/CAD, a neutral bias persists as there is resistance at 1.0219 ahead of 1.0294 – support is at 1.0149 ahead of 1.0082.

Flash: Full steam ahead with FX majors – UBS

UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's majors and outline the technical positions.
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GBP/USD accelerates losses beyond 1.5200

The selling pressure in the risk-associated assets is intensifying on Friday, driving the pound to the area of 1.5170/75 and challenging previous lows around 1.5160...
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