Technical Analysis

Daily Market Technicals

EUR/USD: Weekly Studies Remain Bearish, Holds Above 200-DMA At $1.2880. The pair leaves an inside-day and remained above the 200-DMA,

GBP/JPY Technical Analysis

(143,85) The GBP/JPY confirmed a session of consolidation remaining interior the previous day’s range forming a new inside day with now 145,40 – 143,10 the levels to follow.

GBP/USD Technical Analysis

(1,5195) The CABLE confirmed a positive closing missing however a strong one despite the test above the 1l5200 level. Overall it is still well bid suggesting further upside potential toward the resistance line at 1,5270!!

EUR/GBP Technical Analysis

(0,8489) EUR/GBP confirmed again a weak closing below the support of the previous few sessions as well as below the s/t key level at 0,8505.

EUR/CHF Technical Analysis

(1,2208) The EUR/CHF is confirming further consolidation the inside day with 1,2300 – 1,2155 still the levels to follow in the coming hours/ session.

USD/ZAR Technical Analysis

(9,3020) The DOLL/ZAR formed a negative day reversal after having hit our s/t target with even a small overshooting toward 9,36.

USD/CHF Technical Analysis

(0,9470) The USD/CHF confirmed a further session of consolidation above the 200 days line, today still at 0,9419, but below the resistance at 0,9495.

USD/JPY Technical Analysis

(94,80) The USD/YEN found good resistance above 96,00 returning lower breaking again below the 95 level.

EUR/JPY Technical Analysis

(122,10) The EUR/JPY confirmed a negative closing while remaining interior the range of the previous session forming therefore a new inside day with 124,65 – 121,90 the levels to follow in the coming hours.

Asian Currencies Technicals

AUD/USD: $1.0457-77 Region The Next Hurdle. The pair finally took out the 61.8% Fibonacci resistance level with immediate focus now on the $1.0457-77 region,

EUR/USD Technical Analysis

(1,2907) the EUR/DOLL confirmed another drop below 1,29 after the weak figures this morning where it is however finding some good support.

GBP/USD Technical Analysis

(1,5184)The CABLE is breaking above the suggested neckline of the reversed S_H_S. we still need an hourly closing above 1,5188 to further confirm the move up that should favour a test of the resistance line, now already lower at 15280!!