Technical Analysis
EUR/GBP Technical Analysis
(0,8420) EUR/GBP is confirming further consolidation interior the inside day with 0,8495 – 0,8395 still the levels to follow in the coming hours.
GBP/CHF Technical Analysis
(1,4570) GBP/CHF confirmed still a positive closing last night but it failed to move above 1,56 for now.
AUD/USD Technical Analysis
(1,0192) The AUSSIE confirmed a sharp drop this morning after the confirmed rate cut by RBA. In yesterday’s session it already confirmed a negative outside day with 1,0340 – 1,0210 the levels;
USD/CAD Technical Analysis
(1,0071) The USD/CAD confirmed a weak closing below the low of Friday’s negative day reversal suggesting further downside risk.
Technical Alert
EUR/USD: The pair has been confined to a contracting range over the past sessions. The range is however contracting and it looks like a triangle with the downside being the soft side.
USD/CHF Technical Analysis
(0,9376) The USD/CHF confirmed still a positive closing also last night while however remaining interior Friday’s range forming a new inside day with
EUR/CHF Technical Analysis
(1,2268) The EUR/CHF confirmed a positive closing last night missing however a further strong one.
GBP/USD Technical Analysis
(1,5546) The CABLE confirmed also yesterday further consolidation interior the positive outside day with 1,5610 – 1,5470 still the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD: The pair has put in a triple daily bottom in the $1.0222-24 region and it is common for triple bottoms to break.
AUD/USD Technical Analysis
(1,0270) The AUSSIE confirmed a strong closing above the top of the previous session reversing a little the weak tone.
GBP/CHF Technical Analysis
(1,4595) GBP/CHF confirmed a strong closing on Friday above the top of the previous session but also above the resistance of the inside day at 1,4550.
GBP/USD Technical Analysis
(1,5582) The CABLE formed on Friday a positive outside day reversal with now 1,5610 – 1,5470 the levels to follow in the coming hours.