Technical Analysis

Daily Market Technicals

EUR/USD: The pair showed strong upward pressure toward the end of last week as it moved above $1.3000 and struggled to hold above.

EUR/JPY Technical Analysis

(130,75) The EUR/JPY confirmed on Friday further consolidation interior the inside day with 133,00 – 129,85 still the levels to follow in the coming hours.

EUR/GBP Technical Analysis

(0,8563) EUR/GBP is confirming further consolidation interior the inside day with 0,8610 – 0,8525 still the levels to follow in the coming hours;

EUR/CHF Technical Analysis

(1,2444) The EUR/CHF confirmed a weak closing on Friday and also the weekly one was negative. The monthly closing was instead strong well above the

AUD/USD Technical Analysis

(0,9622) The AUSSIE confirmed on Friday a weak daily and weekly closing below the low of the previous session/ week reversing the recover.

Asian Currencies Technicals

AUD/USD: The $0.9695 resistance level confirmed its significance last week with the AUD/USD having repeatedly failed on attempts to break above and stops remaining above this level.

GBP/CHF Technical Analysis

(1,4508) GBP/CHF confirmed another negative closing last night but only a daily closing below 1,4500 will confirm lower levels suggesting a return toward 1,44!

USD/ZAR Technical Analysis

(10,2600) The DOLL/ZAR confirmed in the last few sessions all positive target on the way up. The slope of the move up is getting steeper and steeper and of course dangerous.

AUD/USD Technical Analysis

(0,9555) The AUSSIE confirmed a positive closing last night missing however a strong one that could have confirmed Wednesday’s positive day reversal.

USD/CAD Technical Analysis

(1,0420) The USD/CAD confirmed a weak closing below the low of the previous session when it formed a negative day reversal.

USD/CHF Technical Analysis

(0,9745) The USD/CHF confirmed a weak closing after the one on Wednesday confirming therefore also the suggested S_H_S formation suggesting further s/t weakness.

EUR/GBP Technical Analysis

(0,8568) EUR/GBP is confirming further consolidation interior the inside day with 0,8610 – 0,8525 still the levels to follow in the coming hours;