Technical Analysis
$ selling probably not completed, equities higher
EUR/USD: Overall great uncertainty in the aftermath of the post FOMC washout but the price action in the low
Daily Market Technicals
EUR/USD left long upper-shadow after hitting $1.3207, sending daily studies higher. Weekly studies also firmer but mthly studies remain bearish.
USD/JPY Technical Analysis
(99,03) The USD/YEN confirmed a weak closing last night for the second day suggesting further downside pressure,
USD/CAD Technical Analysis
(1,0364) The USD/CAD confirmed a very weak closing yesterday below the low of the previous one suggesting further downside pressure.
AUD/USD Technical Analysis
(0,9180) The AUSSIE confirmed a positive closing but well off the high of the session, completely disappointing.
EUR/CHF Technical Analysis
(1,2395) The EUR/CHF confirmed a weak closing forming also a negative outside day with now 1,2470 – 1,2350 the levels to follow in the coming hours.
EUR/GBP Technical Analysis
(0,8590) EUR/GBP formed again a negative day reversal after a retest of the 0,8695 level where it found good resistance.
EUR/USD Technical Analysis
(1,3080) The EUR/DOLL confirmed another strong closing even above the 200 days line at 1,3075, now in the s/t support.
Asian Currencies Technicals
AUD/USD put in fresh 2 week highs once again overnight, this time spiking above the 21-DMA.
GBP/CHF Technical Analysis
(1,4330) The GBP/CHF is still confirming further consolidation interior the inside day with 1,4500 – 1,4270 still the levels to follow in the coming hours/ session.
AUD/USD Technical Analysis
(0,9227) The AUSSIE failed yesterday to confirm a strong closing despite a 0,9205 overshooting.