Technical Analysis
Technical Alert
EUR/scandies are moving higher EUR/USD: The euro fought back better than thought yesterday and spent most part of the session in a 1.2875-1.2920 interval during the European session and
EUR/CHF Technical Analysis
(1,2500) The EUR/CHF confirmed a negative closing but at least it managed to recover above 1,25 from the low of the session at 1,2418!!
USD/JPY Technical Analysis
(101,35) The USD/YEN confirmed a weak closing last night well below the low of the previous session;
Asian Currencies Technicals
AUD/USD: Yesterday’s sharp move lower for the AUD/USD fell just short of the 2012 low before bouncing off the 21 day lower Bollinger band to the day’s highs.
GBP/CHF Technical Analysis
(1,4520) GBP/CHF confirmed last night a positive closing despite the drop to 1,4610. However, this morning the cross resumed the decline suggesting a possible drop toward 1,4470 at least.
EUR/USD Technical Analysis
(1,2840) The EUR/DOLL formed a negative outside day reversal after the test of the 1,30 level. We have now 1,3010 – 1,2820 the levels to follow in the coming hours;
EUR/GBP Technical Analysis
(0,8545) EUR/GBP confirmed another strong closing also last night well above the tops of the previous sessions.
USD/JPY Technical Analysis
(101,70) DOLL/YEN confirmed a test of the support line at 101,50 where it could find some support and form where even confirm a rebound.
AUD/USD Technical Analysis
(0,9615) The AUSSIE confirmed a weak closing after a quick 0,9800 overshooting; a daily closing below 0,9580 will confirm further and more important weakness well below 0,9500!!
USD/CAD Technical Analysis
(1,0382) The USD/CAD confirmed a strong closing last night even above the 1,0343 key level supporting further upside potential toward next resistance area at
EUR/CHF Technical Analysis
(1,2546) The EUR/CHF confirmed another strong closing even above 1,2570 supporting further upside potential.
Daily Market Technicals
EUR/USD: The pair reverses to close back below the former Jul 2012 support line and leaves a long upper shadow to highlight the selling pressure.