Technical Analysis

Daily Market Technicals

EUR/USD break above $1.3261, move puts focus on long-term resistance line from May 2011, which is today valued at $1.3372.

USD/JPY Technical Analysis

(98,86) The USD/YEN formed a negative outside day with now 100,60 – 98,75 the levels to follow in the coming hours.

USD/CHF Technical Analysis

(0,9290) The USD/CHF confirmed a weak closing below the support of the inside day at 0,9310 supporting further weakness toward the s/t target at 0,9255

USD/CAD Technical Analysis

(1,0278) The USD/CAD failed to confirm the positive day reversal confirming instead a retest of the low with even a small undershooting,

EUR/CHF Technical Analysis

(1,2340) The EUR/CHF confirmed a weak closing below the low of the previous session suggesting a possible retest of the 1,2320 area.

GBP/USD Technical Analysis

(1,5390) The CABLE confirmed already a 1,54 overshooting but only after having taken out our stop with a small undershooting toward 1,5264.

AUD/USD Technical Analysis

(0,9260) The AUSSIE confirmed a positive day reversal after a retest of the 0,9130 level. Overall the pair is however still interior the negative outside day

EUR/GBP Technical Analysis

(0,8626) EUR/GBP confirmed a positive closing after a retest of the 0,8645 as suggested. While above the 200 hours line at

Sell cable. USD/SEK & USD/NOK soon higher again

EUR/USD: The bearish signs pointed at yesterday led to nothing more than a temporary setback to 1.3166 and

EUR/JPY Technical Analysis

(131,27) The EUR/JPY confirmed a negative closing last night while remaining interior the range of the previous session forming a new inside day

GBP/CHF Technical Analysis

(1,4298) The GBP/CHF confirmed another weak closing again well below the low of the previous session suggesting further weakness toward the support line at

GBP/JPY Technical Analysis

(152,03) The GBP/JPY confirmed yesterday further consolidation interior the inside day with 154,15 – 152.20 still the levels to follow in the coming hours.