Technical Analysis
EUR/USD Technical Analysis
(1,3250) The EUR/DOLL confirmed a strong move up and a strong closing even above the previous top at 1,3243 suggesting further upside potential.
More JPY strength, higher €/scandies
EUR/USD: The minor “up-thrust” didn’t play out as expected, on the contrary an impulsive rise took place pushing the pair through most of the resistances.
GBP/USD Technical Analysis
(1,5408) The CABLE confirmed an important move up breaking above the previous top at 1,5608, hitting 1,5685 but missing to confirm this move up by a very strong closing.
EUR/JPY Technical Analysis
(128,05) The EUR/JPY confirmed a weak closing plunging this morning even below 127. The drop confirmed a test of the support line at 127,40 with of course an undershooting.
Daily Market Technicals
EUR/USD: The pair soars over 150 pips to end the session at $1.3246 after testing initial res around $1.3306/08, yesterday’s high and reversal high from 19 Dec 2011.
USD/JPY Technical Analysis
(96,50) The USD/YEN confirmed a very weak closing well below the previous low but also well below the support of the inside day suggesting further weakness.
Asian Currencies Technicals
AUD/USD: The pair dipped to fresh 2013 lows and the lowest level since Oct 2011 overnight again before bouncing sharply.
USD/JPY Technical Analysis
(99,80) The USD/YEN confirmed as well further consolidation interior the inside day with 100,85 – 98,75 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: The pair holds again above the former Feb 1 resistance line and also the 61.8% of the move from $1.3243-1.2797,
GBP/CHF Technical Analysis
(1,4500) GBP/CHF confirmed a positive closing while however still confirming further consolidation interior the inside day with 1,4680 – 1,4445 still the levels to follow in the coming hours.
AUD/USD Technical Analysis
(0,9455) The AUSSIE confirmed a weak closing plunging already below 0,9500 that favoured the confirmation of our s/t target at 0,9453!!
GBP/JPY Technical Analysis
(152,73) The GBP/JPY is confirming further consolidation interior the inside day with 155,75 – 151,65 still the levels to follow in the coming hours.