Technical Analysis
Asian Currencies Technicals
AUD/USD paused just short of the $0.8337 support yesterday and continues to remain heavy. A close below the 100-DMA could be a significant bearish signal,
USD/CHF Technical Analysis
(0,9112) The USD/CHF confirmed a positive closing yesterday while however remaining interior the outside day with 0,9145 – 0,9055 still the levels to follow in the coming hours.
GBP/USD Technical Analysis
(1,5995) The CABLE confirmed again a negative closing while however still confirming further consolidation interior the inside day with 1,6175 – 1,5890 still the levels to follow.
EUR/JPY Technical Analysis
(132,90) The EUR/JPY confirmed a further weak closing yesterday but overall the cross is still interior the inside day with 135,10 – 132,20 the levels to follow in the coming hours/ session.
GBP/CHF Technical Analysis
(1,4577) The GBP/CHF failed to confirm the positive outside day remaining instead interior its range with 1,4665 – 1,4530 still the levels to follow in the coming hours.
USD/JPY Technical Analysis
(98,50) The USD/YEN confirmed a negative closing suggesting further pressure that could favour a retest of the 97,80 area.
EUR/USD Technical Analysis
(1,3481) The EUR/DOLL confirmed another weak closing finding however good support above the 1,3450 level, at the support line, now at 1,3470.
NOK, NZD & CAD weakness while the Dec Bund is in fashion
EUR/USD: The drift lower seem destined to test a nearby support zone below at 1.3453/33. A bearish looking session close below this area is needed to
Daily Market Technicals
EUR/USD descends to the 23.6% of $1.3105-1.3569 but has yet to test as initial support now at $1.3459, this level should be tested as daily studies remain bearish,
Asian Currencies Technicals
AUD/USD continues to look like testing the $0.8335-37 support region with the Sept18 low at $0.9335. A close below the 100-DMA could be a significant bearish signal,
AUD/USD Technical Analysis
(0,9409) The AUSSIE confirmed a positive day reversal but overall the pair is still consolidating interior the inside day with 0,9540 – 0,9320 still the levels to follow in the coming hours.
It looks like the dollar could gain the upper hand again
EUR/USD: The highly grouped short-term multi-stochastics indicates a bit of a stretch. Price action of late has become more near- term bearish than bullish.