Technical Analysis
USD/JPY Technical Analysis
(99,66) The USD/YEN confirmed a weak closing on Friday forming a negative key outside day reversal, but the weekly one was positive even above the top of the previous week.
EUR/JPY Technical Analysis
(131,25) The EUR/JPY is still consolidating interior a symmetrical triangle in the daily chart. Friday’s closing was weak, well below the low of the previous session;
Daily Market Technicals
EUR/USD rebounded from the 50.0% of $1.2755-1.3452 in the last session to close above 200-DMA and below 55-DMA, initial support and
Q2 GDP Slip A Bit of a Dagg?
The big question for Thursday’s Monetary Policy Statement (MPS) is how much ground the RBNZ will cede to the stronger economic pointers and market pricing we’ve seen over recent months.
Asian Currencies Technicals
The move higher for the AUD/USD paused ahead of the $0.9232 Aug 19 high with a close above remaining needed to confirm the current bullish focus targeting
USD/CAD Technical Analysis
(1,0485) The USD/CAD is still confirming further consolidation interior the inside day with 1,0555 – 1,0460 still the levels to follow in the coming hours/ session.
USD/CHF Technical Analysis
(0,9442) The USD/CHF confirmed another strong closing above the 0,9400 level suggesting further upside potential.
EUR/USD Technical Analysis
(1,3132) The EUR/DOLL confirmed a weak closing finally moving below the 200 days line, now resistance at 1,3148.
USD/JPY Technical Analysis
(99,77) The USD/YEN is still at the same level like yesterday and the day before at the present time. The closing was however strong, even above the 100 level where it found good resistance.
EUR/CHF Technical Analysis
(1,2395) The EUR/CHF confirmed another strong closing managing the expected 1,24 overshooting. We expect some resistance at 1,2420 before the 1,2460 area.
GBP/USD Technical Analysis
(1,5604) The CABLE formed a negative day reversal after a 1,5660 overshooting. A daily closing below 1,5570 will confirm a s/t top suggesting a return toward the 200 days line at 1,5496!
AUD/USD Technical Analysis
(0,9130) The AUSSIE confirmed a session of consolidation remaining interior the range of the previous session forming a new inside day with 0,9200 – 0,9025 the levels to follow in the coming hours.