Technical Analysis
EUR/USD Technical Analysis
(1,3195) The EUR/DOLL confirmed a strong closing last night above the resistance of the inside day but also above the top of the previous month forming a key month reversal.
EUR/JPY Technical Analysis
(128,55) The EUR/JPY failed to confirm the small positive day reversal but it confirmed anyhow a positive settlement, especially in the monthly chart,
USD/JPY Technical Analysis
(97,44) The USD/YEN confirmed a further negative closing but the monthly one was strong, well above the top of the previous month but below the 100 months line at 98,26,
Daily Market Technicals
EUR/USD: Key Initial Res At $1.3200/02. The pair breaks above the 38.2% at $1.3115 to hit a high of $1.3186, just above the 100-DMA but still below the key April 16 and
Asian Currencies Technicals
AUD/USD: Above $1.0400 Needed To Shift Focus HIgher. The pair traded above the 21-DMA by a couple of pips overnight before closing just below.
AUD/USD Technical Analysis
(1,0336) The AUSSIE confirmed a strong closing last night above the tops of the previous few sessions.
USD/CAD Technical Analysis
(1,0108) The USD/CAD confirmed another very weak closing last night that is favouring the retest of the 1,01 area with a possible direct extension toward the key level at 1,0080;
USD/CHF Technical Analysis
(0,9365) The USD/CHF confirmed a weak closing last night, even below the 200 days line suggesting further downside risk. A monthly closing at the present level will be negative.
Technical Alert
EUR/USD: Buyers gained the upper hand and closed the session high yesterday, but respected the intraday overstretch. 1.3130 remains near-term important since above it would call for a +1.3202 move.
EUR/USD Technical Analysis
(1,3115) The EUR/DOLL yesterday further consolidation interior the inside day with 1,3105 – 1,2980 still the levels to follow in the coming hours.
GBP/USD Technical Analysis
(1,5501) The CABLE still confirmed a strong closing above the top of the previous session despite a correction below 1,55.
Daily Market Technicals
EUR/USD: Daily Studies Mixed, 38.2% Key Res At $1.3115. The pair rises through resistance to test the 38.2% of $1.3711-1.2743, now initial res at $1.3115.