Technical Analysis

EUR/GBP Technical Analysis

(0,8407) EUR/GBP confirmed yesterday a session of consolidation forming a new inside day with 0,8455 – 0,8370 now the levels to follow in the coming hours/ session.

USD/CAD Technical Analysis

(1,0345) The USD/CAD confirmed a test of the 1,03 area that however limited the decline favouring already a small rebound.

EUR/CHF Technical Analysis

(1,2385) The EUR/CHF confirmed a negative closing but it failed to confirm the negative day reversal. Overall the cross is still interior the negative outside day with

AUD/USD Technical Analysis

(0,9234) The AUSSIE formed yesterday a negative outside day reversal after the confirmation of our s/t target at 0,9322.

EUR/USD Technical Analysis

(1,3266) The EUR/DOLL formed a negative day reversal last night but only a daily closing below 1,3259 will confirm a s/ top supporting a deeper correction.

More AUD bearish signs, USD/JPY bid

EUR/USD: Even though the initial attempt lower, breaking below 1.3276/82 was surprisingly reversed for a second test of the 61.8% Fibo resistance, 1.3321,

EUR/JPY Technical Analysis

(132,50) The EUR/JPY confirmed a weak closing confirming therefore also the small negative day reversal of the previous session.

USD/JPY Technical Analysis

(99,75) The USD/YEN confirmed a weak closing below the low of the previous session that was a negative day reversal.

Daily Market Technicals

EUR/USD slips back below weekly resistance line from May 2011 and begins to test support seen from Fibonacci levels of move from $1.3105-1.3325.

Asian Currencies Technicals

AUD/USD briefly traded at fresh 3 month highs before heading lower relieving the bullish focus. The pair has paused ahead of the Sept 10 low

$ on a slippery slope, AUDNZD bear trend reaffirmed

EUR/USD: The market is after yesterday’s advance trading a few points higher than wanted, above the mid body point of the bearish candle a fortnight ago, 1.3303. 1.3322,

Daily Market Technicals

EUR/USD closed above weekly resistance line from Feb 2013 and bulls look to hold above. Initial support at $1.3291 – 21-DMA, just above the weekly res line at $1.3279.