Technical Analysis
EUR/USD Technical Analysis
(1,3282) The EUR/DOLL did not confirm the suggested small S_H_S formation extending instead its move up already toward 1,33.
$ correction ending(?), OIL sinking, Scandies turn up
EUR/USD: Yesterday’s price action with yet another correctional high and another failure to attract any follow through buying is clearly a bearish sign.
GBP/CHF Technical Analysis
(1,4364) The GBP/CHF confirmed a weak closing below the low of the previous session confirming therefore the negative day reversal it formed the day before.
USD/CAD Technical Analysis
(1,0308) The USD/CAD formed a positive day reversal after the expected test of the support line at 1,0260.
GBP/USD Technical Analysis
(1,5340) The CABLE confirmed a weak closing last night below the low of the previous session. Only a daily closing tonight below 1,5289 will confirm a top supporting lower levels!
USD/JPY Technical Analysis
(99.93) The USD/YEN confirmed a strong closing above the top of the previous session remaining however below the s/t resistance line, now at 100,55.
EUR/GBP Technical Analysis
(0,8617) EUR/GBP confirmed a strong closing above the tops of the previous few session but it failed to confirm a break above 0,8625,
USD/CHF Technical Analysis
(0,9360) The USD/CHF formed a positive day reversal while however remaining interior the inside day with 0,9440 – 0,9310 still the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(132,04) The EUR/JPY confirmed a strong closing but failed to confirm one above the previous top at 132,47! Nevertheless we could still see further strength.
EUR/USD Technical Analysis
(1,3212) The EUR/DOLL formed a negative day reversal yesterday but only a daily closing tonight below 1,3177 will confirm a s/t top favouring lower levels!
AUD/USD Technical Analysis
(0,9150) The AUSSIE formed a negative outside day probably aborting further strength for now. We have 0,9340 – 0,9120 now the levels to follow in the coming hours.
EUR/CHF Technical Analysis
(1,2376) The EUR/CHF confirmed a positive closing but overall it confirmed further consolidation interior the inside day with 1,2405 – 1,2330 still the levels to follow in the coming hours.