Technical Analysis
EUR/CHF Technical Analysis
(1,2446) The EUR/CHF confirmed a negative closing also last night after Wednesday’s one; however, only a daily closing below 1,2405 will confirm lower levels!!
EUR/USD Technical Analysis
(1,3040) The EUR/DOLL confirmed a strong closing last night managing to return above 1,30, even above the 200 days line, now s/t support at 1,3032.
€/$ surprising rebound. EM’s big losers ag. both $ & €
EUR/USD: The break above 1.2991/3013 was not what we had in mind calling for a turn lower yesterday.
USD/JPY Technical Analysis
(101,02) The USD/YEN is confirming further consolidation interior the inside day despite a 100,50 undershooting.
GBP/USD Technical Analysis
(1,5227) The CABLE confirmed a nice rally in the past few session managing a 1,52 overshooting. The move up was supported by the competition of a double bottom;
GBP/JPY Technical Analysis
(153,55) The GBP/JPY is also still confirming further consolidation interior the inside day with 155,75 – 151,65 still the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(131,63) The EUR/JPY is confirming further consolidation interior the inside day with 133,00 – 129,85 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: The pair bursts above the $1.3000 level for the first time since May 14 and closed above the 200-DMA, now support at $1.3032.
Asian Currencies Technicals
AUD/USD: The $0.9695 resistance level confirmed its significance yesterday with the pair having repeatedly failed on attempts to break above this level and
Stronger JPY underway, NOK/SEK seen lower
EUR/USD: The (wave e) bounce from the lower boundary of the triangle became more impulsive than normally is the case with e-waves (tends to be weak ahead of a forthcoming break).
Daily Market Technicals
EUR/USD: The pair moves higher to test resistance again, now back above the 5-DMA, initial support at $1.2924.
Asian Currencies Technicals
AUD/USD: The pair traded down to the lowest level since Oct 2011 yesterday, taking out stops below the 2012 low before bouncing.