Technical Analysis
EUR/CHF Technical Analysis
(1,2407) The EUR/CHF confirmed a negative closing while remaining interior Friday’s range forming a new inside day with now 1,2470 – 1,2350 the levels to follow in the coming hours.
USD/JPY Technical Analysis
(101,62) The USD/YEN confirmed still a positive closing but it failed to extend much further its move up for now at least.
Asian Currencies Technicals
AUD/USD: The pair is hovering just above the June 14 lows from 2012 after picking up where it left off last week and heading lower yesterday.
EUR/USD Technical Analysis
(1,2960) The EUR/DOLL found good resistance below 1,30. An hourly closing below 1,2955 suggests a s/t target at 1,2892 with a potential undershooting even toward 1,2850,
AUD/USD Technical Analysis
(0,9968)The AUSSIE is still under some pressure suggesting further direct weakness toward a possible target at 0,9896.
USD/ZAR Technical Analysis
(9,0950) The DOLL/ZAR confirmed on Friday a strong closing well above the top of the previous sessions supporting further upside potential toward the 9,30 area!
GBP/JPY Technical Analysis
(156,20) The GBP/JPY confirmed on Friday another strong closing and also the weekly one was very strong. Possible further strength!
USD/CAD Technical Analysis
(1,0125) The USD/CAD confirmed on Friday a strong closing above the top of the positive outside day suggesting further s/t upside potential.
AUD/USD Technical Analysis
(0,9995) The AUSSIE confirmed another weak closing on Friday managing already a 1,00 undershooting. The weekly closing was also very weak supporting lower levels.
Technical Alert
More dollar strength, bonds at crucial levels EUR/USD: The exit from the bear flag resulted in the sought move down to the key support. However with the key support, B-wave low at 1.2954,
USD/CHF Technical Analysis
(0,9577) The USD/CHF confirmed a very strong closing above the top of the previous sessions but also above the 0,9568 key level suggesting further upside potential.
Daily Market Technicals
EUR/USD: The pair closes below the 200-DMA while daily studies continue to slide. Weekly studies are weaker and bears now eye initial support,