Technician

EUR/USD: Short-term momentum remains pro-decline (ROC20), but medium-term dynamics are clearly changing towards pro-growth momentum. Moreover, ROC50 is still moderately pro-growth. Strengthening upward pressure is likely in case of continuation of current indicator trends.

EUR/JPY: Momentum is pro-growth, but RSI and MACD are almost overbought. Some further growth is possible, but room should be limited.

EUR/CHF: Continuation of consolidation around moving averages seems likely.

Read the full report: Technical Research

 

Erste