Technical Analysis

Still looking for a $ rise. Sell the AUD bounce.

EUR/USD: The setup for a move lower is still in place with the falseupside break and bearish divergences in MACD andmomentum indicators (also 9 out of the past 15 Jan’sbecame losers).

Daily Market Technicals

EUR/USD failing to close above $1.3800 level and last session failed just ahead of here adding downside risk. 10-week momentum study slips into negative territory and

Asian Currencies Technicals

AUD/USD The move higher stalled ahead of the 21 day moving average and the falling daily channel top off Oct monthly highs.

EUR/USD continues to exhibit a bullish dailystructure following its peak last Friday at 1.3893,just shy of a multi-month falling trend line. Weanticipate a further swing higher to retest the1.3900 region,

Daily Market Technicals

EUR/USD tested above highs around $1.3811 to just below the daily Bolli base which is part of initial res at $1.3830. The monthly resistance line still key resistance at $1.3939 but

Daily Technical Report

EUR/USD peaked at 1.3893 last Friday, just shyof a multi-month falling trend line. Scope is nowseen for a further swing higher to retest this keyarea of resistance once again where supply isanticipated.

Returning $ demand? AUD testing key levels, again.

EUR/USD: Even though we take into account a less liquid market thannormal, Friday’s price action, with the up-thrust peak abovethe prior peaks and 61.8% Fibo resistance,

Daily Market Technicals

EUR/USD holds above Nov 7 support line which is at $1.3665 but also left a huge upper shadow after bulls spiked higher to test resistance just below the $1.3900 level.

Daily Technical Report

EUR/USD is moving higher towards the keyresistance area between 1.3811 (11/12/2013high) and 1.3832. Hourly supports now stand at1.3724 (25/12/2013 high) and 1.3650 (25/12/2013low).

Higher US 10year yield & Stronger stock markets. USD/TRY skyrocketing.

EUR/USD: The ascending 55day exponentially weighted movingaverage band, starting at 1.3640 represents short-termdynamic support. Buyers seem to keep the upper hand inthe holiday season thinned market.

Daily Market Technicals

EUR/USD: The break above the $1.3717 level that previously capped sees this level now noted as initial support and the euro-dollar heading towards the layers of resistance in the $1.3811-32 region.

Daily Market Technicals

EUR/USD: Despite the bounce from ahead of the Nov 7 support line and the 55-DMA, initial focus remains on retests of $1.3611-18 with correcting daily Slow Stochastic and RSI studies adding weight to the bearish case.