Technical Analysis
Technical Alert
Yen stronger post BOJ and possible a long needed reaction underway, caution esp with AUDJPY. The £ sterling stronger after GDP, with both cable breaking higher and
EUR/USD Technical Analysis
(1,3041) The EUR/DOLL failed to confirm the previous day’s positive day reversal forming instead a negative one suggesting another test on the downside.
GBP/JPY Technical Analysis
(152,35) The GBP/JPY confirmed a strong closing well above the resistance of the inside day at 152,70 suggesting further strength.
GBP/USD Technical Analysis
(1,5460) The CABLE confirmed a very strong closing, well above the resistance of the inside day at 1,5310 and even above the 1,5415 key level
EUR/JPY Technical Analysis
(128,90) The EUR/JPY formed a small negative day reversal while confirming another session of consolidation remaining interior the previous inside day with 129,95 – 127,75
USD/JPY Technical Analysis
(98,85) The USD/YEN confirmed a negative closing suggesting further downside risk. We had already a retest of the 98,60/50 area earlier but only an hourly closing below 98,45
EUR/CHF Technical Analysis
(1,2300) The EUR/CHF formed a negative day reversal after the test of the 1,2350 level. Only a daily closing tonight below 1,2280 will however confirm a s/t top!!
EUR/GBP Technical Analysis
(0,8430) EUR/GBP confirmed a very weak closing last night, well below the support of the positive outside day at 0,8490, but it failed to confirm a break of the key level at 0,8411,
USD/CAD Technical Analysis
(1,0200) The USD/CAD confirmed a very weak closing last night but it failed to confirm yet a break of the support of the inside day at 1,0195.
AUD/USD Technical Analysis
(1,0310) The AUSSIE confirmed a correction but the closing last night was still weak below 1,03!! However, while above the 200 hours line at 1,0301 we expect another attempt on the upside.
Asian Currencies Technicals
AUD/USD: Layers Of Resistance Likely To Slow Attempts Higher. Layers of resistance remain for the AUD/USD within the $1.0358-02 region including the 200-DMA ($1.0389),
GBP/USD Technical Analysis
(1,5430) The CABLE confirmed an important extension already breaking above the 1,5415 level.