Technical Analysis

AUD/JPY Technical Analysis

(90,91) The AUD/YEN confirmed with yesterday’s closing a double bottom at 86,40 suggesting a possible rally toward a potential target at 93,83!!

USD/JPY Technical Analysis

(99,73) The USD/YEN confirmed a further strong closing suggesting further strength and a possible return above the 100 level.

GBP/CHF Technical Analysis

(1,4595) The GBP/CHF failed to confirm a correction directly extending its move up above a s/t resistance line, now support at 1,4555.

Short EURUSD – Riding The Range

EURUSD has fallen sharply following its brief foray above 1.3400, and the break below price, 55-day average and

AUD/USD Technical Analysis

(0,9101) The AUSSIE again confirmed a strong closing suggesting we have a possible s/t bottom suggesting higher levels toward 0,9180!

EUR/GBP Technical Analysis

(0,8461) EUR/GBP confirmed another weak closing last night even below the 200 days line, now resistance at 0,8484.

GBP/USD Technical Analysis

(1,5561) The CABLE confirmed a positive closing still remaining above the 200 days line, support now at 1,55. While above this line we expect further strength,

Broad yen weakness. Renewed em weakness.

EUR/USD: There’s now a possible completed wave 3 in place given that we’ve having reached (and for a short while violated) the minimum target,

EUR/JPY Technical Analysis

(131,30)The EUR/JPY confirmed a positive closing but it failed to extend the move up for now finding good resistance at 131,50.

Daily Market Technicals

EUR/USD close below the key 38.2% support level, now minor res at $1.3186 but focus now on the 200-DMA at $1.3146 which was tested yesterday but closed a little above,

EUR/USD Technical Analysis

(1,3166) The EUR/DOLL confirmed a weak closing after a test with undershooting of the 200 days line at 1,3145. It missed however to confirm a break below 1,3160.

EUR/CHF Technical Analysis

(1,2343) The EUR/CHF confirmed a positive closing and it is still trying to move higher but only a daily closing above 1,2350 will support further strength suggesting a new 1,24 overshooting!