Technical Analysis
USD/JPY Technical Analysis
(98,90) The USD/YEN failed on Friday to extend the move up forming a small negative day reversal; the weekly closing was also negative!
GBP/JPY Technical Analysis
(158,70) The GBP/JPY formed on Friday a session of consolidation forming a new inside day with 160,15 – 157,80 the levels to follow.
GBP/USD Technical Analysis
(1,6036) The CABLE confirmed a negative closing on Friday but the weekly one was strong above the top of the previous week. Possible an extension toward 1,6350!
AUD/USD Technical Analysis
(0,9423) The AUSSIE confirmed a strong weekly closing above the top of the previous week but the daily one was negative while however still remaining interior the inside day
EUR/GBP Technical Analysis
(0,8444) EUR/GBP confirmed on Friday another strong closing after a test of the support of the 200 days channel. Further s/t upside potential is possible for this cross but
EUR/USD Technical Analysis
(1,3530) The EUR/DOLL confirmed on Friday a session of consolidation without forming any inside pattern. While above 1,3495 on a daily closing we may see further upside potential.
EUR/JPY Technical Analysis
(134,10) The EUR/JPY confirmed on Friday a session of consolidation remaining however still well bid above 134! We have now 135,10 – 132,20 the levels to follow in the coming hours/ session.
More NOK & emerging markets weakness
EUR/USD: The first attempt lower was hindered just a few points below the figure. In the hourly both the decline and
EUR/CHF Technical Analysis
(1,2327) The EUR/CHF confirmed a weak weekly closing and also the daily one was negative returning interior the 200 days channel.
Daily Market Technicals
EUR/USD failed to test Sept 19 high at $1.3569 while dly studies appear to slow – 10-day momentum shows negative divergence.
Asian Currencies Technicals
Overbought daily slow stochastic, RSI and momentum indicators are slowly looking to correct with the AUD/USD having pulled back from Wednesday’s high to end the week.
AUD/USD Technical Analysis
(0,9449) The AUSSIE confirmed another session of consolidation remaining interior the previous day’s range forming a new inside day with 0,9540 – 0,9320 the levels to follow in the coming hours.