Technical Analysis
EUR/JPY Technical Analysis
(130.65) The EUR/JPY confirmed a negative closing on Friday while remaining interior the range of the previous day forming a new inside day with
USD/JPY Technical Analysis
(101,06) The USD/YEN confirmed a negative closing on Friday in the daily chart as well as in the weekly one where it formed a negative outside week reversal and a bearish engulfing pattern.
GBP/CHF Technical Analysis
(1,4620) GBP/CHF confirmed a negative closing but still well off the low of the session. In general we can expect further weakness.
EUR/USD Technical Analysis
(1,2928) The EUR/DOLL formed a positive day reversal while remaining interior the negative outside day with 1,3010 – 1,2820 still the levels to follow in the coming hours;
AUD/USD Technical Analysis
(0,9675) The AUSSIE formed a positive day reversal but only a daily closing above 0,9780 will confirm a s/t low supporting a higher retracement.
GBP/USD Technical Analysis
(1,5097) The CABLE formed again a positive day reversal but only a daily closing above 1,5131 will confirm a s/t bottom supporting a little higher levels!!
GBP/JPY Technical Analysis
(153,65) The GBP/JPY confirmed a nice rebound after the 152 undershooting but the closing was still very weak, below the low of the previous session.
EUR/JPY Technical Analysis
(131,24) The EUR/JPY confirmed a weak closing below the low of the previous session but well off the lows of the day.
Daily Market Technicals
EUR/USD: The pair now back above the 23.6% and also the former Jul 2012 support line, now initial support at $1.2885/2902 also with the 5-DMA at $1.2901.
USD/CAD Technical Analysis
(1,0320) The USD/CAD formed a negative day reversal but only a daily closing below 1,0286 will confirm a s/t top favouring lower levels!!
EUR/GBP Technical Analysis
(0,8560) EUR/GBP confirmed a session of consolidation forming a new inside day with 0,8600 – 0,8505 the levels to follow in the coming hours;
USD/CHF Technical Analysis
(0,9676) The USD/CHF confirmed a negative closing missing however a weak one. A daily closing below 0,9635 could however cause further and more important weakness.