Technical Analysis
GBP/CHF Technical Analysis
(1,4512) GBP/CHF confirmed as well a session of consolidation forming a new inside day with 1,4680 – 1,4445 the levels to follow in the coming hours.
Downside pressure in USD/JPY
EUR/USD: The market is still in a short-term climb with only shallow reactions mustered on attempts above 1.31.
GBP/USD Technical Analysis
(1,5326) The CABLE confirmed a session of consolidation with a small negative closing. We have now 1,5390 – 1,5135 the levels to follow in the coming hours.
USD/CHF Technical Analysis
(0,9465) The USD/CHF confirmed As well a session of consolidation forming a new inside day with 0,9635 – 0,9395 the levels to follow in the coming hours.
EUR/USD Technical Analysis
(1,3088) The EUR/DOLL confirmed a session of consolidation remaining interior Monday range and interior the 200 days channel.
Daily Market Technicals
EUR/USD: The pair still holds above the former Feb 1 resistance line, now part of initial support, but the pair has failed to break above $1.3108, the high of June 3 and the 100-DMA.
EUR/CHF Technical Analysis
(1,2399) The EUR/CHF confirmed the previous day’s closing while remaining interior Monday’s range forming a new inside day with 1,2500 – 1,2315 the levels to follow in the coming hours.
USD/CAD Technical Analysis
(1,0345) The USD/CAD confirmed a positive closing while remaining interior the range of Monday forming therefore a new inside day with 1,0400 – 1,0250 the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(130,50) The EUR/JPY confirmed appositive closing reversing a little bid Monday’s drop. It is on the way to confirm a small double top above 101,40 suggesting a possible retest of the below 100.
USD/JPY Technical Analysis
(99,80) The USD/YEN confirmed yesterday a session of consolidation forming a new inside day with 100,85 – 98,75 the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD: The pair pulled back from ahead of the $0.9391 level yesterday with the 21-DMA noted just above at $0.9810.
Long-term technical update
EUR/USD (1.3095): The pair keeps meandering around a near flat 12 month moving average. Last month closed below the open but also off the lows.