Technical Analysis
AUD & NZD gapping lower. SEK & NOK seen sliding
EUR/USD: Encouraging signs of possible peak, but as long as holding above the mid body point of Thursday’s candle, 1.3170,
EUR/CHF Technical Analysis
(1,2370) The EUR/CHF formed a positive day reversal but only a daily closing above 1,2381 will confirm a s/t bottom.
Daily Market Technicals
EUR/USD: The pair consolidates following the monster white candle on Thursday, the pair now trades back within the Bolli band.
Asian Currencies Technicals
AUD/USD: The pair has traded sharply lower to start the new week with the pair hovering just above the 2011 low at the time of writing.
USD/ZAR Technical Analysis
(9,9540) The DOLL/ZAR confirmed a negative closing last night after a retest of the 10,09 area forming even a negative day reversal.
GBP/JPY Technical Analysis
(150,27) The GBP/JPY confirmed a weak closing last night well below the low of the previous several sessions as well as below the support of the inside day at 151,65 suggesting further weakness.
USD/CHF Technical Analysis
(0,9290) The USD/CHF confirmed another weak closing well below the support of the inside day at 0,9395, plunging even below the 200 days line, now resistance at 0,9354.
EUR/GBP Technical Analysis
(0,8500) EUR/GBP confirmed a weak closing below the support of the inside day at 0,8490 suggesting further downside risk suggesting a retest of the 0,8400 area.
AUD/USD Technical Analysis
(0,9325) The AUSSIE formed a positive outside day reversal after a test at 0,9434 not far from the 0,9388 key level!!
USD/CAD Technical Analysis
(1,0264) The USD/CAD confirmed a nice sell off that we were waiting for since long; the closing was however not below the key level at 1,0260 despite a test of the 55 ma line at 1,0203!!
EUR/CHF Technical Analysis
(1,2300) The EUR/CHF confirmed a weak closing below the support of the inside day suggesting further weakness with now the 200 days line at 1,2203 the possible attraction.
GBP/CHF Technical Analysis
(1,4480) GBP/CHF confirmed further consolidation interior the inside day with 1,4680 – 1,4445 still the levels to follow in the coming hours.