Technical Analysis
GBP/CHF Technical Analysis
(1,4380) The GBP/CHF confirmed a weak closing well below the support of the inside day as well as the lows of the past few sessions.
EUR/USD over 1.3418 changes outlook to neutral
EUR/USD: Yesterday’s rather decisive move through a medium-term key 1.3418 ref forces an earlier best fit wave structure from bearish to neutral/short-term bullish.
EUR/USD Technical Analysis
(1,3417) The EUR/DOLL confirmed a strong closing above the resistance of the inside day at 1,3390 extending the move up already toward 1,3450.
EUR/JPY Technical Analysis
(130,80) The EUR/JPY confirmed yesterday further consolidation interior last week’s negative outside day with 130,85 – 129,30 still the levels to follow in the coming hours/ sessions.
USD/JPY Technical Analysis
(97,49) The USD/YEN is still consolidating interior last week’s negative outside day with 98,75 – 96,95 still the levels to follow in the coming hours/ session.
Asian Currencies Technicals
AUD/USD: The overnight move lower in the pair places the move higher targeting the $0.9315-43 region on hold with immediate focus
FX Technical Thoughts
EURUSD – The MACD is above its zero line, a bullish trending condition and the momentum tools had confirmed crossing higher last night,
AUD/USD Technical Analysis
(0,9055) The AUSSIE formed a negative outside day failing to extend the correction above 0,9220.
GBP/CHF Technical Analysis
(1,4448) The GBP/CHF confirmed a negative closing while however remaining interior Friday’s range forming a new inside day with 1,4525 – 1,4410 the levels to follow in the coming hours.
USD/CAD Technical Analysis
(1,0373) The USD/CAD confirmed a positive closing last night that is now favouring a break above 1,0370. We expect good resistance already at 1,0385,
AUD falls back harder than thought & CAD seems weaker too
EUR/USD: There was nothing to inspire a directional attempt yesterday and there is nothing new in the chart inspiring a directional stance today.
USD/CHF Technical Analysis
(0,9225) The USD/CHF confirmed yesterday a session of consolidation forming a new inside day with 0,9300 – 0,9205 the levels to follow in the coming hours.