Technical Analysis
GBP/USD Technical Analysis
(1,5087) The CABLE failed to confirm further direct weakness forming instead a small positive day reversal; only a daily closing tonight above 1,5160 will confirm a s/t bottom.
EUR/USD Technical Analysis
(1,2840) The EUR/DOLL confirmed yesterday further consolidation interior the inside day with 1,2880 – 1,2740 still the levels to follow;
USD/CAD Technical Analysis
(1,0146) The USD/CAD confirmed a session of consolidation remaining interior Tuesday’s range forming therefore a new inside day with 1,0180 – 1,0110 the levels to follow in the coming hours.
USD/CHF Technical Analysis
(0,9450) The USD/CHF failed to confirm the previous day’s positive day reversal forming instead a negative outside day remaining overall interior outside day with 0,9540 – 0,9445
EUR/GBP Technical Analysis
(0,8488) EUR/GBP confirmed another positive closing keeping well bid above the 200 hours line, this morning found at 0,8464.
EUR/CHF Technical Analysis
(1,2138) The EUR/CHF failed to confirm the positive day reversal remaining instead under further pressure suggesting a test of the 200 days line at 1,2130 where we expect decent support;
Asian Currencies Technicals
AUD/USD: March Monthly Highs Capping For Now. The pair has put in a double daily top at the $1.0497 Mar monthly high resistance level with a further trading within
Daily Market Technicals
EUR/USD: Closes Below 200-DMA For 7th Consecutive Session. Seventh consecutive close below the 200-day moving average at $1.2890, leaves downside as the least course of resistance.
USD/CHF Technical Analysis
(0,9503) The USD/CHF formed a positive day reversal while confirming further consolidation interior the negative outside day with 0,9540 – 0,9445 still the levels to follow in the coming hours.
GBP/USD Technical Analysis
(1,5087) The CABLE formed a negative outside day after the failure to break above 1,5270. We have now 1,5270 – 1,5085 the levels to follow ;
Technical Alert
EUR/USD below 1.2772 would argue for fresh lows. A medium-term key ref is located at 1.2661, GBP/USD is thought to drop to and below a short-term key ref located at 1.5026.
AUD/USD Technical Analysis
(1,0458) The AUSSIE confirmed a strong closing last night above the top of the previous session but it failed yet to move above 1,05, the s/t key level!!