Technical Analysis
GBP/CHF Technical Analysis
(1,4738) The GBP/CHF is still well bid extending further its move up suggesting a possible direct extension toward the 1,4820 resistance!
EUR/GBP Technical Analysis
(0,8414) EUR/GBP confirmed a further weak closing last night just above the 0,8400 level!! A break below of it will confirm a double top formation suggesting a drop toward 0,8000!!!!
SEK weakness temporary seen pausing.
EUR/USD: The break of 1.3157 confirmed the end to the minor reaction hence paving the way for a fresh low. So current low, 1.3117,
EUR/JPY Technical Analysis
(131,02) The EUR/JPY failed again to extend its move up forming instead a negative day reversal.
Daily Market Technicals
EUR/USD retested support to close below the key 38.2% and then the 200-DMA also – initial res at $1.3148, but bears found support just above 50.0% of $1.2755-1.3452,
GBP/JPY Technical Analysis
(155,75) The GBP/JPY still confirmed a positive closing but it start finding some good resistance close to the May’s high at 156,77.
Asian Currencies Technicals
AUD/USD continues to pause ahead of the Ichimoku cloud base and the Aug 19 high with the pair dipping back towards the $0.9063-74 support region.
AUD/USD Technical Analysis
(0,9148) The AUSSIE confirmed a strong closing last night after a test of the suggested neck line of a reversed S_H_S formation at 0,9180!!
GBP/CHF Technical Analysis
(1,4670) The GBP/CHF is still well bid extending its move up well above the 1,46 level. Further direct strength is possible toward 1,4820!
USD/CHF Technical Analysis
(0,9401) The USD/CHF formed a small negative day reversal that it already aborted with the move above 0,9384.
USD/CAD Technical Analysis
(1,0500) The USD/CAD is confirming still further consolidation interior the inside day with 1,0555 – 1,0460 still the levels to follow in the coming hours/ session.
EUR/CHF Technical Analysis
(1,2380) The EUR/CHF confirmed a strong closing favouring further s/t strength, move supported by a strong DOLL/CHF. Possible a direct 1,24 overshooting!