Technical Analysis
Asian Currencies Technicals
The close above the 21-DMA for the aussie sees focus shift to Aug 19s high with the Ichimoku cloud base noted below.
USD/CHF Technical Analysis
(0,9365) The USD/CHF confirmed a strong closing, even above the 200 days line, now s/t support at 0,9345. While above this line we expect further strength!
GBP/USD Technical Analysis
(1,5553) The CABLE confirmed a strong closing above the top of Friday but it failed to confirm the break out of the inside day at 1,5565.
USD/CAD Technical Analysis
(1,0550) The USD/CAD is confirming further consolidation interior the inside day with 1,0555 – 1,0460 still the levels to follow in the coming hours/ session.
AUD/USD Technical Analysis
(0,9033) The AUSSIE confirmed a strong closing failing to move lower despite the pressure. A possible closing tonight above 0,9015 will confirm a s/t bottom supporting another corrective test on the upside!
$/JPY – bullish triangle exit. NOK/SEK reaction peaked
EUR/USD: Even though a new low wasn’t printed yesterday the market at least closed at the lowest level since the turn.
GBP/CHF Technical Analysis
(1,4550) The GBP/CHF is confirming further strength after the strong closing last night. We expect a test of the resistance line at 1,4560 where it could find some supply.
EUR/GBP Technical Analysis
(0,8478) EUR/GBP confirmed our s/t target and another weak closing well below the support line the cross was following since 0,7755.
EUR/CHF Technical Analysis
(1,2333) The EUR/CHF is confirming a rebound after having found good support below 1,23. The indicators of the daily chart are now again returning above the line and
Daily Market Technicals
EUR/USD holds again below Feb 2013 resistance line and bears now testing the 38.2% of $1.2755-1.3452, initial support at $1.3186,
EUR/USD Technical Analysis
(1,3188) The EUR/DOLL confirmed a further negative closing while remaining however interior Friday’s range forming a new inside day with 1,3265 – 1,3160 the levels to follow in the coming hours.
GBP/JPY Technical Analysis
(154,65) The GBP/JPY confirmed a strong closing compared to Friday’s one but still failed to move above 155, for now at least!