Technical Analysis
Risk is off, the yen, swissy, bonds, gold & oil are on
EUR/USD: Short-term Fibo-adjusted “Ichimoku tools” are in positive gear with the 21day “Kijun-Sen” acting as support.
EUR/USD Technical Analysis
(1,3377) The EUR/DOLL is still confirming further consolidation interior the range of the inside day with 1,3465 – 1,3310 still the levels to follow in the coming hours.
CAD Technical Outlook
There is little change to report from a short-term technical perspective as far as USD/CAD is concerned today.
USD/CAD Technical Analysis
(1,0529) The USD/CAD failed to confirm Friday’s negative day reversal suggesting therefore further upside potential, especially while above the 1,0495 level on an hourly closing.
AUD/USD Technical Analysis
(0,8950) The AUSSIE failed also yesterday to extend much further the move up finding good resistance above 0,9070.
GBP/USD Technical Analysis
(1,5572) The CABLE confirmed yesterday a session of consolidation also because UK was out on vacation.
USD/CHF Technical Analysis
(0,9216) The USD/CHF confirmed a session of consolidation forming a new inside day with 0,9275 – 0,9175 the levels to follow in the coming hours.
EM currencies remains much exposed
EUR/USD: After lackluster trading yesterday, directional hints aren’t exactly amassing. The suggested near-term bearish wave count is one possibility but
GBP/CHF Technical Analysis
(1,4354) The GBP/CHF confirmed as well a session of consolidation forming a new inside day with 1,4470 – 1,4315 the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD has made a series of lower highs after reaching $1.3452 on Aug 20, bulls still attempt to close above $1.3400 but
EUR/GBP Technical Analysis
(0,8587) EUR/GBP confirmed as well a session of consolidation forming a new inside day with 0,8615 – 0,8530 the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(131,38) The EUR/JPY confirmed a weak closing last night below Friday’s low supporting a little lower levels.