Technical Analysis
EUR/USD Technical Analysis
(1,3525) The EUR/DOLL formed a negative day reversal after an overshooting of the previous high finding however good resistance just below 1,3590.
USD/JPY Technical Analysis
(97,68) The USD/YEN formed a negative day reversal but only a daily closing below 97,50 will support lower levels.
EUR/JPY Technical Analysis
(132,07) The EUR/JPY failed to confirm the previous day’s positive day reversal forming a negative one suggesting a retest of Friday’s low at 131,37;
EUR/CHF Technical Analysis
(1,2258) The EUR/CHF confirmed a strong closing(relatively) above the top of the previous session suggesting further upside potential and this could mean a retest of the 200 days line at 1,2307!!
Asian Currencies Technicals
AUD/USD bounced sharply from ahead of layers of support in the $0.9286-12 region yesterday including the 100 and 21 DMA’s before stalling ahead of the $0.9358 Sept 20 high.
GBP/CHF Technical Analysis
(1,4650) The GBP/CHF confirmed yesterday further consolidation interior the outside day with 1,4680 – 1,4530 still the levels to follow in the coming hours.
GBP/USD Technical Analysis
(1,6233) The CABLE confirmed a strong closing above the resistance of the inside day at 1,6175 already extending the move up above 1,62.
EUR/USD Technical Analysis
(1,3545) The EUR/DOLL failed also yesterday to move below the now strong support area at 1,3460; while above this support on a daily closing we have to expect further upside potential.
USD/CAD Technical Analysis
(1,0303) The USD/CAD barely moved but the monthly closing was negative. The indicators of the daily chart are still well negative but
GBP/USD trades into resistance at 1.6300-80. BTP widens spread against Bunds
EUR/USD: The market continues to move sideways. Outside 1.3440- 1.3569 is needed to show sellers’ or buyers’ initiative. 1.36.95\1.3711 is the next attraction/resistance area above and
AUD/USD Technical Analysis
(0,9393) The AUSSIE formed a small positive day reversal extending its move up this morning after the RBA meeting. The monthly closing was strong above the previous month’s high.
EUR/GBP Technical Analysis
(0,8340) EUR/GBP confirmed another weak closing last night, even in the monthly chart supporting further weakness, especially in case of a daily closing below 0,8352!!