Technical Analysis
EUR/CHF Technical Analysis
(1,2230) The EUR/CHF confirmed a negative closing but the monthly one was even weak supporting further weakness. Possible therefore and extension of the pressure toward 1,2170!!
EUR/JPY Technical Analysis
(133,08) The EUR/JPY failed to confirm the break below the support of the big inside day at 132,20 despite a 131,40 undershooting.
USD/CHF Technical Analysis
(0,9030) The USD/CHF confirmed a negative closing while remaining interior Friday’s range forming a new inside day with 0,9125 – 0,9010 now the levels to follow in the coming hours.
USD/JPY Technical Analysis
(98,40) The USD/YEN confirmed a positive monthly closing, but only by a few pips, without to confirming the previous month’s positive month reversal.
Asian Currencies Technicals
AUD/USD dipped below the 21 and 100-DMA’s to start the new week before closing above, but continues to look heavy as overbought daily tech studies look to correct back to more neutral levels.
EUR/JPY Technical Analysis
(131,88) The EUR/JPY confirmed on Friday further consolidation interior big inside day with 135,10 – 132,20 still the levels to follow in the coming hours/ session.
EUR/CHF Technical Analysis
(1,2225) The EUR/CHF confirmed on Friday a weak closing well below the support of the inside day at 1,2265 supporting further weakness.
GBP/CHF Technical Analysis
(1,4635) The GBP/CHF formed on Friday a positive outside day with 1,4680 – 1,4530 the levels to follow in the coming hours.
EUR/GBP Technical Analysis
(0,8350) EUR/GBP confirmed on Friday a weak closing well below the support of the negative outside day at 0,8390 supporting further weakness especially in case of a drop and closing below 0,8352!!
GBP/USD Technical Analysis
(1,6155) The CABLE confirmed a strong closing on Friday while however remaining interior the inside day with 1,6175 – 1,5890 still the levels to follow.
USD/JPY Technical Analysis
(97,88) The USD/YEN confirmed a negative daily and weekly closings on Friday starting the session even with a gap down, now resistance area 98,17 – 98,06!!
EUR/USD Technical Analysis
(1,3490) The EUR/DOLL confirmed on Friday a positive closing but it failed to confirm the break above the resistance of the positive outside day at 1,3550.