Technical Analysis
USD/CAD Technical Analysis
(1,0147) The USD/CAD confirmed a weak closing below 1,0150 suggesting further downside risk toward our next s/t target at 1,0091.
EUR/GBP Technical Analysis
(0,8490) EUR/GBP confirmed a strong closing last night well above the top of the previous session but it failed to confirm a break above 0,8490, the resistance of the inside day!!
EUR/USD Technical Analysis
(1,2807) The EUR/DOLL confirmed yesterday and is still confirming further consolidation interior the inside day with 1,2880 – 1,2740 still the levels to follow;
EUR/CHF Technical Analysis
(1,2169) The EUR/CHF managed to form a positive day reversal after a test of the 1,2135 area where it found good support.
EUR/JPY Technical Analysis
(119,78) The EUR/JPY confirmed a limited rebound finding good resistance just above the 120 level. The closing was however still negative suggesting further weakness and a firm test of the 118,70 level!
GBP/JPY Technical Analysis
(141,05) The GBP/JPY confirmed a weak closing below the support of the big negative outside day at 141,80 suggesting further weakness and this should mean a possible 140 undershooting!!
USD/JPY Technical Analysis
(93,56) The USD/YEN formed a positive day reversal after the test of the 92,60 area but only a daily closing tonight above 93,56 will confirm a s/t bottom!!
Asian Currencies Technicals
AUD/USD: More $1.0386-1.0497 For Now. The pair continued its bounce from the 200-DMA but has paused ahead of the Mar monthly highs.
GBP/USD Technical Analysis
(1,5225) The CABLE confirmed a strong closing last night after the positive closing last week; the weekly closing was however negative forming a negative week reversal.
GBP/JPY Technical Analysis
(141,50) The GBP/JPY confirmed further consolidation interior the big negative outside day with 144,90 – 141,80 still the levels to follow in the coming hours.
AUD/USD Technical Analysis
(1,0465) The AUSSIE formed yesterday a positive outside day reversal suggesting a retest of the 1,05 area, still the s/t target!
USD/CAD Technical Analysis
(1,0152) The USD/CAD is consolidating since last week above 1,0145, failing yet to confirm our s/t target. The weekly closing was negative as well as the monthly one where it formed a negative month reversal.