Technical Analysis
USD/JPY Technical Analysis
(98,18) The USD/YEN confirmed a strong closing last night above the top of the previous session confirming therefore Friday’s positive day reversal.
Daily Market Technicals
EUR/USD: The pair moves back up to the the top of the daily Bollinger band to trade just below the Jun 6 high at $1.3306, now initial resistance.
Asian Currencies Technicals
AUD/USD: The pair traded at the lowest level since Sept 2010 after dipping below the 2011 low by a couple of pips in early trading yesterday.
USD/JPY Technical Analysis
(98,70) The USD/YEN confirmed another weak closing below the low of the previous week. It is now the 3rd week this dollar is closing below the low of the previous one;
USD/CAD Technical Analysis
(1,0205) The USD/CAD confirmed another weak closing below the low of the previous day supporting further weakness. The drop found however support at the 100 days line at 1,0174;
USD/CHF Technical Analysis
(0,9375) The USD/CHF confirmed a positive closing on Friday, above the 200 days line, while remaining interior the previous day’s range forming a new inside day with
GBP/USD Technical Analysis
(1,5530) The CABLE confirmed a negative closing while remaining interior the previous session’s range forming a new inside day with 1,5685 – 1,5370 the levels to follow in the coming hours.
GBP/CHF Technical Analysis
(1,4560) GBP/CHF formed a positive outside day after a test of the 1,44 area. We have now 1,4580 – 1,4395 the levels to follow in the coming hours.
AUD/USD Technical Analysis
(0,9440) The AUSSIE confirmed on Friday further consolidation interior the positive outside day with 0,9685 – 0,9420 still the levels to follow.
USD/JPY Technical Analysis
(98,35) The USD/YEN formed on Friday a positive day reversal but only a daily closing tonght above 97,80 will confirm a s/t bottom supporting higher levels.
EUR/JPY Technical Analysis
(129,80) The EUR/JPY formed on Friday a positive day reversal but only a daily closing tonight above 129,21 will confirm a s/t bottom.
EUR/USD Technical Analysis
(1,3195) The EUR/DOLL confirmed on Friday a negative closing but also a session of consolidation forming a new inside day with 1,3315 – 1,3965 the levels to follow in the coming hours.