Technical Analysis
USD/CAD Technical Analysis
(1,0322) The USD/CAD confirmed a session of consolidation remaining interior Friday’s range forming a new inside day with 1,0365 – 1,0260 the levels to follow in the coming hours.
GBP/USD Technical Analysis
(1,5476) The CABLE confirmed a weak closing below the lows of the previous few sessions as well as below the 200 days channel suggesting further downside pressure!
EUR/USD Technical Analysis
(1,3310) The EUR/DOLL confirmed a weak closing last night well below the lows of the last few sessions. The drop confirmed also a break below the support line
USD/CHF Technical Analysis
(0,9265) The USD/CHF confirmed a strong closing last night above the tops of the previous few sessions suggesting further s/t upside potential toward the 200 days line, now found at 0,9355!
EUR/JPY Technical Analysis
(129,75) The EUR/JPY formed as well a positive day reversal but only a daily closing tonight above 128,95 will confirm a s/t bottom.
USD/JPY is likely to extend gains further
EUR/USD: Another moderate euro-loser was added yesterday. The micro-term move off yesterday’s low looks correctional and
USD/JPY Technical Analysis
(97,48) The USD/YEN formed again a positive day reversal but only a daily closing tonight above 96,95 will confirm a s/t bottom supporting a return toward 98,50, at least!
Daily Market Technicals
EUR/USD descends from the inside-day while daily studies also slowly decline, however haven’t formed proper sell-signals.
Asian Currencies Technicals
AUD/USD managed marginal fresh highs to start the new week before dipping back towards the 21-DMA.
Technician
EUR/USD: Continuation of trend to 1.3488 is still main technical scenario. Momentum is clearly pro-growth, but gradual loss of strength is most apparent for ROC indicators.
Daily Market Technicals
EUR/USD left an inside-day the session after hitting a high of $1.3400. Bears may now be taking control and look to retest the former Feb 2013 res line,
Asian Currencies Technicals
AUD/USD continued its move higher that is targeting the $0.9315-43 resistance region that capped in late June and July.