Technical Analysis
USD/JPY Technical Analysis
(102,17) The USD/YEN confirmed another strong closing after a test of the 102,40 area where it found good resistance.
Asian Currencies Technicals
AUD/USD: The move lower in the pair paused at the 200-WMA to the pip overnight with the immediate pressure to remain on lower levels until the pair can manage a close back above $1.0025.
AUD/USD Technical Analysis
(0,9932) The AUSSIE is remaining under pressure suggesting further direct weakness toward the 0,9896 target with a possible extension toward the support line at 0,9855.
Technical Alert
The dollar looks healthy. Bonds should be bought. EUR/USD: The lower end of “the Cloud” (Fibo adjusted) contains support together with a 127.2% Fibo extension/61.8% retracement combo in the mid-lower 1.29s.
USD/CHF Technical Analysis
(0,9538) The USD/CHF confirmed still a positive closing while remaining interior Friday’s range forming a new inside day with 0,9640 – 0,9465 the levels to follow in the coming hours.
GBP/CHF Technical Analysis
(1,4610) GBP/CHF confirmed a negative closing last night extending already the correction toward the support line at 1,4580.
EUR/GBP Technical Analysis
(0,8491) EUR/GBP confirmed a strong closing last night above the tops of the previous few sessions, move that favoured already a 0,8500 overshooting.
Daily Market Technicals
EUR/USD: The pair already breaks above the 55-DMA, formerly a key support level, while daily studies continue to track lower.
EUR/USD Technical Analysis
(1,3010) The EUR/DOLL confirmed still a negative closing while remaining interior Friday’s range forming a new inside day with 1,3065 – 1,2925 the levels to follow in the coming hours.
GBP/JPY Technical Analysis
(155,50) The GBP/JPY formed a negative day reversal but only a daily closing below 155,55 will confirm a s/t top favouring a deeper correction.
EUR/JPY Technical Analysis
(132,12) The EUR/JPY confirmed as well a positive closing failing however to extend much further its move up.
GBP/USD Technical Analysis
(1,5315) The CABLE confirmed another weak closing confirming a break of the support line and suggesting further weakness toward 1,52.