Technical Analysis
USD/ZAR Technical Analysis
(9,2705) The DOLL/ZAR is still well bid after the consolidation above 9,1450; while above this level we expect further strength but only
AUD/USD Technical Analysis
(1,0383) The AUSSIE confirmed yesterday a session of consolidation forming a new inside day with 1,0425 – 1,0320 the levels to follow in the coming hours.
USD/CHF Technical Analysis
(0,9474) The USD/CHF confirmed a higher closing but it failed yet to return above the 0,9500 level for now. While below 0,9495 we expect another test on the downside.
USD/JPY Technical Analysis
(95,33) The USD/YEN confirmed another negative closing but it failed again to confirm the move below 95!!
EUR/GBP Technical Analysis
(0,8545) EUR/GBP confirmed another weak closing suggesting further downside risk that should favour a 0,8500 undershooting!!
GBP/USD Technical Analysis
(1,5096) The CABLE confirmed a session of consolidation while waiting for today’s UK budget. We have now 1,5170 – 1,5055 the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(122,97) The EUR/JPY confirmed a session of consolidation with a negative closing after it almost closed the gap down; still open 124,15 – 124,21!!
EUR/USD Technical Analysis
(1,2900) The EUR/DOLL confirmed a weak closing but again it failed to confirm the break below the 200 days line, still support at 1,2876.
EUR/CHF Technical Analysis
(1,2217) The EUR/CHF confirmed a session of consolidation remaining interior Monday’s range forming a new inside day with 1,2300 – 1,2155 the levels to follow in the coming hours/ session.
Technical Alert
The euro remains heavy and further losses must be accounted for while waiting for clarification over the Cyprus deal…
Daily Market Technicals
EUR/USD: Breaks Below 200-DMA, Bears Look To Close Below. The pair squeezes lower again to make a new low again as it break below the 200-DMA to test the lower daily Bolli as supp,
Asian Currencies Technicals
AUD/USD: Another Failure Ahead Of The 61.8% Fibonacci Level. The pair has again failed at the 61.8% Fibonacci retracement level.