Technical Analysis
EUR/GBP Technical Analysis
(0,8498) EUR/GBP confirmed a positive closing last night before plunging again this morning, move that already confirmed a new s/t low.
USD/CAD Technical Analysis
(1,0253) The USD/CAD confirmed a session of consolidation interior the previous day’s range forming a new inside day with 1,0300 – 1,0200 the levels to follow in the coming hours.
AUD/USD Technical Analysis
(1,0383) The AUSSIE confirmed yesterday further consolidation interior the inside day with 1,0425 – 1,0320 still the levels to follow in the coming hours.
Technical Alert
Euro finding support and recovers some of the earlier losses, we see a clear risk of more of the same for the coming days. GBP rather balanced but still deeply oversold so a small bullish bias, long SEK and especially NOK to be unwinded.
EUR/CHF Technical Analysis
(1,2228) The EUR/CHF confirmed a further session of consolidation interior Monday’s inside day with 1,2300 – 1,2155 still the levels to follow in the coming hours/ session.
USD/CHF Technical Analysis
(0,9450) The USD/CHF confirmed a session of consolidation above the 200 days line , still s/t support at 0,9419. While above this line we expect further upside potential.
EUR/USD Technical Analysis
(1,2937) The EUR/DOLL confirmed a positive closing after a retest of the 200 days line and after a session of consolidation without forming any inside pattern.
GBP/USD Technical Analysis
(1,5116) The CABLE formed a negative outside day around the previous inside day with 1,5200 – 1,5015 now the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: Bears Aim Below 200-DMA, Bulls Eye Feb Res Line & 21-DMA. The pair leaves a higher low and higher high after breaking below the 200-DMA, now at $1.2878 and key support.
USD/JPY Technical Analysis
(95,67) The USD/YEN confirmed a strong closing above the tops of the previous few sessions finding however good resistance just above the 96 level.
EUR/JPY Technical Analysis
(123,97) The EUR/JPY confirmed a strong closing above the top of the previous session closing also completely the rest of the gap down formed on Monday.
Asian Currencies Technicals
AUD/USD: 61.8% Fibonacci Level Remains Key Resistance. The pair continues to trade sideways within initial support and resistance parameters.