Technical Analysis
GBP/USD Technical Analysis
(1,5423) The CABLE failed to confirm the positive day reversal forming instead a negative one and suggesting further downside risk!
GBP/JPY Technical Analysis
(150,67) The GBP/JPY confirmed also yesterday another session of consolidation remaining interior the inside day with 152,10 – 148,75
USD/CHF Technical Analysis
(0,9380) The USD/CHF formed a positive outside day aborting the previous day’s negative day reversal. The closing was well above the 200 days line supporting higher levels.
USD/JPY Technical Analysis
(97,53) The USD/YEN failed to confirm the negative day reversal forming instead a positive tone. However, while below 98,72 on a daily closing we expect for
Returning € weakness….. Oil set to break lower
EUR/USD: The congestion/correction became an anaemic one stalling already in the mid 1.31’s.
Daily Market Technicals
EUR/USD descends to break below the 55, 100 and 200-DMAs, holds below and just above initial supp at $1.3034/59, the 61.8% and
GBP/CHF Technical Analysis
(1,4467) The GBP/CHF confirmed a strong closing above the top of the previous session but it failed to directly confirm the break above 1,4475,
Asian Currencies Technicals
AUD/USD remains little changed from yesterday’s NY closing level after having again failing to take out the $0.9312 resistance level we continue to mention.
AUD/USD Technical Analysis
(0,9240) The AUSSIE formed a positive outside day reversal after an undershooting of the 0,9150 level. We have now 0,9310 – 0,9135 the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(127,80) The EUR/JPY confirmed a negative closing but it failed to confirm the break of the support of the inside day at 127,70.
A day of correction
EUR/USD: After a small rebound the market printed a fresh daily low but did so already in the 1.3060 area a tad higher than the anticipated 1.30-area.
EUR/CHF Technical Analysis
(1,2245) The EUR/CHF confirmed a test of the 200 days line at 1,2215 before however turning higher confirming however a negative closing.