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.
