Technical Analysis
EUR/GBP Technical Analysis
(0,8499) EUR/GBP is confirming further consolidation interior the range 0,8550 – 0,8470 confirming a mixed closing.
USD/CAD Technical Analysis
(1,0175) The USD/CAD formed a negative outside day with now 1,0240 – 1,0135 the levels to follow in the coming hours.
EUR/CHF Technical Analysis
(1,2325) The EUR/CHF confirmed a nice rebound after the drop yesterday below 1,2240 for a moment. At the end of the session it formed however a positive day reversal.
GBP/USD Technical Analysis
(1,5708) The CABLE is still well bid especially after having confirmed a daily closing above the 200 days line, now s/t support at 1,5700.
GBP/CHF Technical Analysis
(1,4500) GBP/CHF formed a positive day reversal but only a daily closing above 1,4505 will confirm a s/t bottom supporting a return toward the 200 days line now found at 1,4673!!
EUR/USD Technical Analysis
(1,3350) The EUR/DOLL confirmed another strong closing remaining well bid and suggesting further upside potential toward the 1,3450 area where we find an important resistance line.
JPY reaction losing steam, AUD => correction target
EUR/USD: Even though we turned just a whisker away from 1.3392 and furthermore broke 1.3315 the market was unable to maintain the decline through the 1.3265 key support.
GBP/JPY Technical Analysis
(149,40) The GBP/JPY failed as well to confirm a weak closing missing therefore also to confirm the suggested S_H_S formation with the neck line today at 148,50.
EUR/JPY Technical Analysis
(127,10) The EUR/JPY confirmed still a negative closing but however above the low of the previous session above 127 after a test below 125.
USD/JPY Technical Analysis
(95,28) The USD/YEN confirmed a negative closing but it failed yet to confirm a closing below the suggested neck line of a possible S _ H _ S formation, today at 95,24.
Daily Market Technicals
EUR/USD: The pair so far is managing to hold above the former 61.8% of $1.3711-1.2746 – initial support at $1.3342, despite the overbought daily studies.
Asian Currencies Technicals
AUD/USD: The pair has continued to distance itself from the 2013 low and has closed above the 21-DMA, albeit by 1 pip, for the first time since early April.