Technical Analysis
Likely a new attempt to put some pressure on the €.
EUR/USD: Also a second attempt above the 1.3803 equality point wasrejected. Friday also ended with a doji candle showing thatwe reached balance between buyers and sellers.
Daily Market Technicals
EUR/USD left another higher high but this time closed back around $1.3800 to leave a doji while overbought daily studies weaken.
Asian Currencies Technicals
AUD/USD followed up Wednesday’s bearish key day reversal with a continuation lower that paused just short of the $0.9568 support and
A more profound yen rise?
EUR/USD: ith the close set above 1.3794 no further evidence of apeak was set. The market however responded to the 1.3803resistance by pausing and meandering around it.
Daily Market Technicals
EUR/USD breaks above $1.3800 to squeeze above monthly Bolli top to test daily Bolli top. Studies are still bullish but daily studies show signs of slowing,
Asian Currencies Technicals
AUD/USD followed up Wednesday’s bearish key day reversal with a continuation lower that paused just short of the $0.9568 support and the rising daily trend line off the Aug 30 low.
Commodities & commodity ccy’s lower. Rix & NB day
EUR/USD: It is unclear whether yesterday’s very marginally (1pip) highmarked the end to the advancing wave from 1.3651 or ifthere’s yet another marginally one left
Daily Market Technicals
EUR/USD still above the daily Bollinger band at $1.3783 but capped by resistance around $1.3800, initial resistance is very close as yesterday’s high at $1.3793.
Asian Currencies Technicals
A bearish key day reversal for the AUD/USD on Wednesday after the pair marginally traded above the 200-DMA for the first time since mid-April.
The dollar is a post-NFP “punching bag” – can it fight back?
EUR/USD: The post-NFP reaction may be somewhat strange with riskon/dollar off so notably on a lesser number. Be that as it may,the pair trades at levels not seen since late 2011 and bullishlyso.
Daily Market Technicals
EUR/USD surges higher once more to break above the daily and weekly Bolli bands but finds resistance from the monthly Bolli band top, now at $1.3798.
Asian Currencies Technicals
AUD/USD touched fresh 5 month highs with the mover higher spiking above the 50% Fibonacci retracement level and falling just short of the 200-DMA despite very overbought daily tech studies.