Technical Analysis
EUR/GBP Technical Analysis
(0,8435) EUR/GBP confirmed a nice rebound and a strong closing above the tops of the previous sessions but also above the resistance of the inside day at 0,8430 suggesting further s/t strength.
Dollar rebound in the cards. NOK weakness…..?
EUR/USD: The market yesterday made the sought marginally new high (which commonly is seen the following day after such a big benchmark candle as Wednesdays)
EUR/CHF Technical Analysis
(1,2323) The EUR/CHF confirmed another weak closing but it failed to confirm the break below 1,2315, at least for now. Further downside pressure is possible toward 1,2298,
EUR/JPY Technical Analysis
(134,46) The EUR/JPY confirmed a strong closing last night suggesting further upside potential even above 135.
GBP/CHF Technical Analysis
(1,4605) The GBP/CHF confirmed a weak closing well below the support of the inside day at 1,4690 favouring already a nice correction even below 1,46 as we expected.
GBP/JPY Technical Analysis
(159,24) The GBP/JPY confirmed a strong closing yesterday suggesting a direct 160 overshooting where it is however finding good resistance for now.
Daily Market Technicals
EUR/USD continued to test the upside yesterday to leave another high at $1.3569 – yesterday’s candle forms a spinning-top with a decent upper shadow, adding a little risk lower.
EUR/USD Technical Analysis
(1,3534) The EUR/DOLL is still well bid above 1,35 after another positive closing last night. Further strength is possible toward next key level at 1,3711, February’s high.
USD/JPY Technical Analysis
(99,27) The USD/YEN confirmed a strong closing last night above the top of the previous session; a possible closing tonight above 99,60
GBP/USD Technical Analysis
(1,6045) The CABLE confirmed a negative closing and a small correction after the 1,61 overshooting remaining interior the previous day’s range forming a new inside day
USD/CAD Technical Analysis
(1,0298) The USD/CAD formed a positive day reversal but only a daily closing above 1,0270 will confirm a s/t bottom supporting higher levels.
USD/CHF Technical Analysis
(0,9103) The USD/CHF confirmed a further weak closing last night but still managing remaining above 0,9100 for now.