Technical Analysis
GBP/USD Technical Analysis
(1,5227) The CABLE failed to extend the move up confirming instead a session of consolidation interior Friday’s range forming a new inside day with 1,5375 – 1,5185 the levels to follow in the coming hours.
USD/CHF Technical Analysis
(0,9340) The USD/CHF confirmed yesterday a session of consolidation after the weak closing on Friday, well below the 200 days channel.
USD/CAD Technical Analysis
(1,0168) The USD/CAD confirmed yesterday a session of consolidation interior Friday’s range forming a new inside day with 1,0250 – 1,0110 the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: Nears 38.2% At $1.3112 While Daily Studies Rise. The pair continues to track higher but last three sessions show significant upper shadows, cautioning bulls.
Technical Alert
EURUSD is testing a wider short-term resistance zone at 1.3050-1.3135, USD/JPY is rushed into key long-term refs at 99.73-101.45. Some kind of profit-taking ought to emerge in this area.
AUD/USD Technical Analysis
(1,0433) The AUSSIE formed a positive day reversal yesterday after a 1,0350 undershooting where it found good support. The closing above the 200 days line could favour a higher retracement.
EUR/GBP Technical Analysis
(0,8543) EUR/GBP confirmed a strong closing last night, but it failed yet to confirm a break above the resistance of the negative outside day at 0,8535.
EUR/CHF Technical Analysis
(1,2180) The EUR/CHF formed a positive day reversal yesterday after a retest of the 1,2130 level where again it found good support.
EUR/USD Technical Analysis
(1,3050) The EUR/DOLL confirmed a strong closing last night above 1,30 suggesting further s/t strength probably toward the 1,3150 area.
EUR/JPY Technical Analysis
(129,50) The EUR/JPY confirmed already a test below the 130 level after the strong closing last night, already above the 129 level.
GBP/JPY Technical Analysis
(151,57) The GBP/JPY confirmed yesterday a direct extension of the move up already testing the 152 area on the way toward the m/t target at 155,08.
USD/JPY Technical Analysis
(99,33) The USD/YEN is confirming further strength after the strong weekly closing we had on Friday. A test of the 100 is possible with even a direct extension toward next target at 101,81.