Technical Analysis

AUD/USD Technical Analysis

(1,0371) The AUSSIE confirmed a negative closing, however still well above the 200 days line and close to Friday’s top. While above the 200 days line we see further upside potential.

EUR/JPY Technical Analysis

(123,55) The EUR/JPY confirmed still a weak closing below Friday’s low and below the support of the inside day at 123,70, despite an important rebound.

Technical Alert

EURUSD could range inside 1.2874-1.3085 for a few sessions, before next directional step is taken… USDJPY buyers responded at support,

USD/CHF Technical Analysis

(0,9460) The USD/CHF managed to again recover above the 200 days line after Friday’s weak closing. While above the 200 days line, today support at 0,9420,

GBP/USD Technical Analysis

(1,5090) The CABLE confirmed yesterday a session of consolidation remaining more or less interior Friday’s range without forming however a new inside pattern.

Daily Market Technicals

EUR/USD: Bears Turned Higher By 200-DMA, Bulls Eye 21-DMA At $1.3076. The pair met supp just above the 200-DMA, now at $1.2875,

GBP/JPY Technical Analysis

(144,10) The GBP/JPY failed to confirm Friday’s negative day reversal, however by only a few pips. The closing was however still negative.

EUR/USD Technical Analysis

(1,2942) The EUR/DOLL confirmed a weak closing well below the low of Friday but it failed to confirm a closing below the previous low at 1,2911.

EUR/CHF Technical Analysis

(1,2253) The EUR/CHF confirmed a nice rebound closing completely the gap down it formed at the week’s opening.

USD/JPY Technical Analysis

(95,48) The USD/YEN confirmed still a negative closing despite the nice recover that favoured a closing just some pips below Friday’s one.

EUR/GBP Technical Analysis

(0,8570) EUR/GBP confirmed a weak closing below the low of the previous session suggesting further direct downside risk.

Asian Currencies Technicals

AUD/USD: 61.8% Fibonacci Level Caps Again. The pair managed to dip but failed to close below the Mar 15 low before bouncing back towards the 61.8% Fibonacci retracement level.