Technical Analysis
Daily Market Technicals
EUR/USD: The pair continues to pressure the top of the daily Bollinger band as tech studies still rise. Yesterday saw bulls test the former 23.6% of $1.2043-1.3711,
Asian Currencies Technicals
AUD/USD: The pair again traded at the lowest level since Sept 2010 yesterday before bouncing to the day’s highs.
EUR/USD Technical Analysis
(1,3303) EUR/DOLL is flirting with the 1,33 level. Possible a move toward 1,35 even 1,40 based on the new projection suggested by some big banks.
GBP/CHF Technical Analysis
(1,4530) GBP/CHF formed a negative day reversal reversing part of Friday’s positive outside day. Nevertheless for now we do still follow the levels 1,4580 – 1,4395.
High AUD/USD reaction risk. EUR/NOK & EUR/SEK higher
EUR/USD: There is both attraction and resistance in the 1.3300-1.3350 area and it seems by price action of late that it will be tested.
AUD/USD Technical Analysis
(0,9427) The AUSSIE is still under pressure and this morning we saw already a test of the key level at 0,9388 with even a small undershooting before turning again higher.
USD/CHF Technical Analysis
(0,9325) The USD/CHF formed a negative day reversal while however remaining still interior the inside day with 0,9455 – 0,9215 still the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(130,20) The EUR/JPY confirmed a strong closing last night well above the top of the previous session that was already a positive day reversal.
USD/CAD Technical Analysis
(1,0188) The USD/CAD confirmed a session of consolidation remaining in the lower range of Friday. It formed a new inside day with 1,0300 – 1,0155 the levels to follow in the coming hours.
EUR/USD Technical Analysis
(1,3270) The EUR/DOLL confirmed yesterday further consolidation interior the inside day with 1,3315 – 1,2965 still the levels to follow in the coming hours.
EUR/CHF Technical Analysis
(1,2370) The EUR/CHF failed to confirm Friday’s positive day reversal but the closing was positive. While above 1,2355, on an hourly closing,
EUR/GBP Technical Analysis
(0,8516) EUR/GBP confirmed a positive closing while remaining interior Friday’s range forming a new inside day with 0,8540 – 0,8470 the levels to follow in the coming hours.