Technical Analysis

EUR/CHF Technical Analysis

(1,2200) The EUR/CHF confirmed another strong closing last night but it failed yet to confirm and break above the 1,2215 key level!!

(98,80) The USD/YEN formed a negative day reversal after a retest of the 99,90 level. A daily closing tonight below 98,97 will confirm a s/t top supporting a possible retest of the now key level at 95,89!!

EUR/USD Technical Analysis

(1,3049) The EUR/DOLL confirmed also yesterday further consolidation interior the inside day with 1,3210 – 1,2990 still the levels to follow in the coming hours.

Technical Alert

Some further dollar strengthening progress, JPY weakness hesitating, AUD selling seen drying up for at least a pause and Scandies on a weakening path.Bonds in demand so lower yield.

Daily Market Technicals

EUR/USD: Following Daily Studies Lower – Support At $1.3002. The pair declines after again failing to close above the 38.2% of $1.3711-1.2743 at $1.3115.

Asian Currencies Technicals

AUD/USD: Fresh 6 Week Lows. The pair remains little changed from this week’s opening levels after dipping below the Ichimoku cloud base ($1.0259) and trading at fresh 6 week lows.

GBP/CHF Technical Analysis

(1,4210) GBP/CHF failed on Friday to confirm another strong closing forming instead a negative day reversal. The weekly closing was positive forming a positive week reversal;

USD/ZAR Technical Analysis

(9,2360) The DOLL/ZAR is confirming further consolidation interior the 9,25 – 9,10 area. Only a daily closing above 9,25 will support further strength.

GBP/USD Technical Analysis

(1,5232) The CABLE confirmed a further session of consolidation interior the inside day with 1,5385 – 1,5205 still the levels to follow in the coming hours.

EUR/GBP Technical Analysis

(0,8580) EUR/GBP formed on Friday a positive outside day with 0,8595 – 0,8490 the levels to follow in the coming hours/ session.

USD/CHF Technical Analysis

(0,9328) The USD/CHF formed on Friday a positive outside day while however remaining interior the previous positive outside day with 0,9350 – 0,9195 still the levels to follow in the coming hours.

AUD/USD Technical Analysis

(1,0286) The AUSSIE failed on Friday to confirm the small positive day reversal it formed on Thursday. The closing was negative in the daily as well as in the weekly charts;