Technical Analysis
USD/JPY Technical Analysis
(99,40) The USD/YEN confirmed a negative closing last night after a new test below 99 finding however good support already at 98,90;
USD/CHF Technical Analysis
(0,9415) The USD/CHF confirmed a weak closing last night even below the support of the inside day at 0,9395 suggesting further weakness,
Daily Market Technicals
EUR/USD moved up to the Jun 19 resistance line, now at $1.3155 and broke above only to slip back below today.
EUR/CHF Technical Analysis
(1,2373) The EUR/CHF confirmed a negative closing but overall it is still remaining interior Friday’s inside day with 1,2425 – 1,2330 still the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD continues to head back towards the key $0.9343 resistance level with the pair having closed above the 21-DMA for the first time since mid April.
EUR/AUD Technical Analysis
(1,4235) EUR/AUD is breaking below the support of the inside day it formed yesterday with 1,4490 – 1,4225 the levels to follow;
USD/ZAR Technical Analysis
(9,8120) The DOLL/ZAR broke below the support of the symmetrical triangle that could be a top formation suggesting further weakness toward 9,50 if not even 9,35!!!
GBP/CHF Technical Analysis
(1,4330) The GBP/CHF is consolidating that favoured a formation of a new inside day with 1,4405 – 1,4250 the levels to follow.
USD/CHF Technical Analysis
(0,9470) The USD/CHF confirmed another session of consolidation with however a positive closing. However the dollar is still interior the inside day
GBP/USD Technical Analysis
(1,5125) The CABLE is still consolidating interior the inside day with 1,5235 – 1,4985 still the levels to follow in the coming hours.
AUD short squeeze underway
A lacklustre market yesterday with few if any directional clues given. EURUSD a double downside spike however points at a buy the dip behaviour hence upside risk on the rise,
AUD/USD Technical Analysis
(0,9186) The AUSSIE confirmed a positive closing while however remaining interior Friday’s range forming a new inside day with