Technical Analysis
GBP/USD Technical Analysis
(1,5256) The CABLE confirmed a weak closing below the lows of the previous few sessions but also below the support of the inside day at 1,5260 suggesting further weakness.
GBP/JPY Technical Analysis
(149,55) The GBP/JPY failed as well to confirm the positive day reversal it formed on Tuesday suggesting further possible pressure, especially while below 151,20!!
AUD/USD Technical Analysis
(1,0306) The AUSSIE confirmed a further session of consolidation remaining interior the inside day with 1,0535 – 1,0280 still the levels to follow in the coming hours.
USD/JPY Technical Analysis
(98,00) The USD/YEN failed to confirm the previous day’s positive day reversal but the closing was anyhow positive.
USD/CHF Technical Analysis
(0,9318) The USD/CHF formed a positive outside day around the negative outside day supporting firmly higher levels!! We have now 0,9350 – 0,9195 the levels to follow in the coming hours.
USD/CAD Technical Analysis
(1,0259) The USD/CAD confirmed a strong closing last night but it failed to confirm the break above the resistance of the inside day at 1,0270.
EUR/USD Technical Analysis
(1,3045) The EUR/DOLL confirmed a negative closing forming also a bearish engulfing pattern suggesting lower levels toward the 200 days line at 1,2925!!
Daily Market Technicals
EUR/USD: Dly Studies Turn Bearish, Wkly/Mthly Studies Rise. The pair posts long black candle falling 100 pips after failing to break above the Apr 16 high at $1.3202, now further key res.
Technical Alert
Big stop loss day in the Swedish krona post the Riksbank, USD more pieces of evidence of an ended correction, equities and commodites still on a slippery slope.
EUR/CHF Technical Analysis
(1,2155) The EUR/CHF failed to confirm the positive day reversal remaining interior the range of the previous day forming a new inside day with 1,2180 – 1,2125 the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(127,88) The EUR/JPY failed to confirm the previous day’s positive day reversal forming instead a negative one suggesting lower levels.
EUR/GBP Technical Analysis
(0,8557) EUR/GBP formed a negative day reversal after the 0,8630 overshooting that favoured the closing of a gap down.