Technical Analysis
Technical Alert
EUR under pressure, $, £, Yen and bonds in demand… EUR/USD Gapping lower… USD/JPY Checking support… EUR/SEK Exploring intra range support… USD/SEK Eyeing the 6.4865 resistance… EUR/NOK Mid body test.
USD/CAD Technical Analysis
(1,0230) The USD/CAD confirmed a very weak closing in the daily chart as well as in the weekly one. It broke also the support of the inside day at 1,0220 suggesting further weakness.
USD/CHF Technical Analysis
(0,9435) The USD/CHF confirmed a weak closing below the 200 days line but also below the support of the inside day at 0,9405 suggesting further downside risk.
EUR/AUD Technical Analysis
(1,2435) EUR/AUD confirmed on Friday a mixed closing before however plunging heavily this morning suggesting q test of the 200 days line at 1,2421.
GBP/USD Technical Analysis
(1,5110) The CABLE confirmed a positive closing forming also a positive week reversal suggesting further upside potential in the s/t. The possible move up will however be corrective!!
EUR/GBP Technical Analysis
(0,8541) EUR/GBP confirmed a positive closing on Friday, but still below the neck line, before however plunging heavily this morning toward 0,8530.
Daily Market Technicals
EUR/USD: Bulls Turned Away By 21-DMA, Bears Force Gap Lower. The pair reverses and gaps lower to trade below the Feb 1 res line and
EUR/CHF Technical Analysis
(1,2185) The EUR/CHF confirmed another weak closing on Friday before however plunging much lower this morning even below 1,22!!
USD/JPY Technical Analysis
(94,58) The USD/YEN confirmed on Friday a weak closing, below the lows of the previous few sessions but also below the support of the negative outside day at 95,50 suggesting further weakness.
EUR/JPY Technical Analysis
(121,77) The EUR/JPY confirmed on Friday a negative closing while remaining still interior the inside day with 126,10 – 123,70 the levels.
EUR/USD Technical Analysis
(1,2895) The EUR/DOLL confirmed a strong closing on Friday before however plunging heavily this morning breaking even below the previous low.
Technical Alert
USD rejected from new highs but decline seen short lived, the GBP correction getting traction and a stronger pound accross the board is seen near term,