Technical Analysis
Technical Alert
Well hello Mr. Riskoff – the dollar likes you EUR/USD: The U-turn in correctional target area and low session close set new pressure on the recent 1.2796 low and
USD/CHF Technical Analysis
(0,9668) The USD/CHF confirmed an important overshooting of the 0,9800 level but not on closing. Nevertheless after a possible correction we expect further strength for this dollar.
EUR/JPY Technical Analysis
(131,95) The EUR/JPY still confirmed a strong closing above the top of the previous session but well off the highs of the day and
USD/JPY Technical Analysis
(102,67) The USD/YEN confirmed yesterday even a 103,70 overshooting before however turning again lower.
Asian Currencies Technicals
AUD/USD: After looking like we may have been ready for a correction the AUD/USD has again traded at fresh 10 month lows.
USD/CAD Technical Analysis
(1,0265) The USD/CAD confirmed yesterday further consolidation interior the inside day with 1,0325 – 1,0165 still the levels to follow in the coming hours.
AUD/USD Technical Analysis
(0,9785) The AUSSIE is confirming further consolidation interior the inside day with 0,9845 – 0,9700 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: The pair closes and continues to hold above the former Jul 2012 support line, currently just above the former 23.6% of $1.3243-1.2797 at $1.2902,
USD/CHF Technical Analysis
(0,9672) The USD/CHF confirmed further consolidation interior the inside day with 0,9775 – 0,9625 still the levels to follow in the coming hours.
EUR/CHF Technical Analysis
(1,2525) The EUR/CHF confirmed a strong closing last night well above the resistance of the inside day at 1,2505 supporting further upside potential.
Technical Alert
Cable is targeting 1.5025 next. EUR/scandies drift lower EUR/USD: Nothing really new from yesterday. The pair is in a near-term correction higher,
GBP/CHF Technical Analysis
(1,4677) GBP/CHF failed to extend further the move up forming instead a negative outside day with now 1,4800 – 1,4650 the levels to follow in the coming hours.