Technical Analysis
EUR/GBP Technical Analysis
(0,8445) EUR/GBP confirmed a negative closing but found again good support at 0,8420; the closing was of course not below 0,8435!!
GBP/CHF Technical Analysis
(1,4741) GBP/CHF is still well bid after the formation of a positive day reversal yesterday that could still favour a retest of the 1,48 area with even an overshooting toward 1,50.
GBP/USD Technical Analysis
(1,5237) The CABLE confirmed a positive closing after the 1,5320 overshooting, however missing a strong one by a few pips.
AUD/USD Technical Analysis
(0,9748) The AUSSIE is confirming further direct weakness toward the 0,9580 area, next strong support area.
EUR/CHF Technical Analysis
(1,2440) The EUR/CHF confirmed a negative closing but it failed to directly confirm the previous day’s negative day reversal.
USD/CHF Technical Analysis
(0,9674) The USD/CHF confirmed the previous day’s session that was of course not a positive day reversal but a negative one, however not confirmed by yesterday’s closing!!
EUR/JPY Technical Analysis
(131,70) The EUR/JPY confirmed a negative closing while consolidating interior the range of the previous session.
EUR/USD Technical Analysis
(1,2855) The EUR/DOLL confirmed a session of consolidation remaining interior the previous session’s range forming a new inside day with 1,2955 – 1,2830
USD/JPY Technical Analysis
(102,30) The USD/YEN failed to confirm the negative day reversal and the closing was even positive.
Technical Alert
The aussie could react to the short-term overstretch EUR/USD: Local resistance was re-tested and confirmed yesterday.
Asian Currencies Technicals
AUD/USD: The pair managed its 6th consecutive lower daily low yesterday as it continues to head towards out initial target at the 2013 low.
USD/ZAR Technical Analysis
(9,3420) The DOLL/ZAR confirmed last night another strong closing but still below the resistance line at 9,26.