Technical Analysis
EUR/CHF Technical Analysis
(1,2373) The EUR/CHF is further consolidating interior the negative outside day with 1,2415 – 1,2315 still the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD is pausing ahead of the 100-DMA and Monday’s high with the pair closing above the 21-WMA ($0.9347) for the first time since April.
AUD/USD Technical Analysis
(0,9315) The AUSSIE confirmed a strong closing but it failed to confirm the break above the resistance of the negative outside day at 0,9365.
USD/CHF Technical Analysis
(0,9263) The USD/CHF still confirm a weak closing well below the 200 days channel suggesting further downside pressure.
USD/CAD Technical Analysis
(1,0330) The USD/CAD confirmed a negative closing last suggesting further downside pressure toward our target at 1,0225!
Downside hesitation in many dollar-crosses
EUR/USD: A late topside rejection yesterday shows topside hesitation. The relatively low session close may spill into sentiment today and trigger a 1.3275-1.3255 re-test.
EUR/USD Technical Analysis
(1,3337) The EUR/DOLL confirmed a strong closing above the top of the last few sessions suggesting further upside potential probably toward a retest of the 1,3450 area.
EUR/CHF Technical Analysis
(1,2358) The EUR/CHF confirmed a small positive closing while however still confirming further consolidation interior the negative outside day with 1,2415 – 1,2315 still the levels to
GBP/USD Technical Analysis
(1,5907) The CABLE confirmed another strong closing above Friday’s top supporting further strength and suggesting a possible 1,60 overshooting where we expect the pound to find
EUR/GBP Technical Analysis
(0,8388) EUR/GBP confirmed a positive closing while however still remaining below 0,8400 suggesting further downside risk.
Daily Market Technicals
EUR/USD still holds above the weekly resistance line from May 2011 but yesterday’s session left a long upper-shadow to caution bulls and add pressure lower.
GBP/CHF Technical Analysis
(1,4734) The GBP/CHF confirmed a negative closing while remaining interior Friday’s closing forming a new inside day with 1,4825 – 1,4690 now the levels to follow in the coming hours.