Technical Analysis
EUR/JPY Technical Analysis
(129,65) The EUR/JPY confirmed a negative closing missing however a weak one despite a drop toward 128,65!!
AUD/USD Technical Analysis
(0,9119) The AUSSIE confirmed a further weak closing after even a 0,9050 undershooting.
EUR/USD Technical Analysis
(1,2995) The EUR/DOLL formed a positive day reversal after a 1,2950 undershooting. Only a daily closing tonight above 1,3030 will confirm a s/t bottom suggesting a higher retracement!
$ corrections, NOK/SEK lower
EUR/USD: The first attempt to pass the low end of the 55/233d ma bands area failed (as it often does).
USD/CAD Technical Analysis
(1,0509) The USD/CAD confirmed a negative closing while confirming also a session of consolidation forming a new inside day with
Daily Market Technicals
EUR/USD sank to test the Jul 2012 support line, now initial support, but reversed higher to leave a hammer candle pattern,
EUR/CHF Technical Analysis
(1,2317) The EUR/CHF confirmed a weak closing below the low of the previous day when it formed already a negative day reversal.
Asian Currencies Technicals
AUD/USD has traded at fresh 2013 lows as it dipped towards the falling 21 day lower Bollinger band overnight.
FX Compass: Yen Breaks on Through to the Other Side
The next few days are likely to be a key period for financial markets, with the ECB and BoE (Carney’s first meeting) on Thursday,
EUR Technical Outlook
EUR (SEP): Daily stochastics are trending lower but have declined into oversold territory.
GBP/USD Technical Analysis
(1,5150) The CABLE confirmed our target at 1,5157 and a weak closing last night suggesting further direct weakness.
GBP/JPY Technical Analysis
(152,50) The GBP/JPY confirmed a strong closing last night above the resistance of the inside day the cross was in since 8 sessions.