Technical Analysis
Asian Currencies Technicals
AUD/USD: Following the repeated attempts to take out the $0.9665 resistance level, the pair has broken sharply lower to the lowest levels since Sept 2010.
GBP/CHF Technical Analysis
(1,4390) GBP/CHF confirmed a weak closing well below the low of the previous session suggesting further downside risk.
EUR/GBP Technical Analysis
(0,8564) EUR/GBP confirmed a strong closing last night above the resistance of the inside day at 0,8555 suggesting further upside potential.
GBP/USD Technical Analysis
(1,5635) The CABLE confirmed a weak closing plunging finally below the 200 days line, now again resistance at 1,5694.
Lower NOK/SEK and EUR/USD soon lower helped by GBP/USD
EUR/USD: The violated bullish “Triangle” targets 1.3475 – right where the current short-term overstretch would kick in.
USD/CAD Technical Analysis
(1,0228) The USD/CAD is still confirming further consolidation interior the negative outside day with 1,0240 – 1,0135 still the levels to follow in the coming hours.
EUR/USD Technical Analysis
(1,3390) The EUR/DOLL confirmed yesterday further consolidation interior the inside day with 1,3405 – 1,3265 still the levels to follow in the coming hours.
AUD/USD Technical Analysis
(0,9487) The AUSSIE confirmed a weak closing also last night suggesting we could have a top at 0,9666 suggesting lower levels for the coming days.
USD/CHF Technical Analysis
(0,9200) The USD/CHF confirmed a negative closing but overall the pair is still consolidating around/ above 0,9200.
Daily Market Technicals
EUR/USD: The pair broke above $1.3400 yesterday to leave a high of $1.3416 but the pair closed below at $1.3392.
EUR/CHF Technical Analysis
(1,2319) The EUR/CHF is confirming further consolidation interior the inside day with 1,2400 – 1,2240 still the levels to follow in the coming hours!!
GBP/JPY Technical Analysis
(149,00) The GBP/JPY confirmed also yesterday further consolidation remaining interior the inside day with 150,80 – 147,00 still the levels to follow in the coming hours.