Technical Analysis

USD/CHF Technical Analysis

(0,9460) The USD/CHF is confirming further consolidation interior Friday’s inside day with 0,9565 – 0,9405 still the levels to follow in the coming hours.

GBP/USD Technical Analysis

(1,4942) The CABLE still confirmed a negative closing but at least above 1,49 after the test lower that favoured the confirmation of our s/t target at 1,4839!!

EUR/USD Technical Analysis

(1,3040) The EUR/DOLL is confirming further consolidation interior Friday’s negative outside day with 1,3145 – 1,2945 still the levels to follow in the coming hours.

EUR/GBP Technical Analysis

(0,8730) EUR/GBP formed again a small negative day reversal after the retest of the 0,8800 area; only a daily closing below 0,8719 will however confirm a s/t top re-launching the correction!!

EUR/CHF Technical Analysis

(1,2343) The EUR/CHF confirmed a negative closing after a retest of the 1,2320 area. The indicators of the daily chart closed the session below the line and

Daily Market Technicals

EUR/USD: Holds Above Mar Lows, Mixed Studies, Wait For Breakout. The pair continues to be squeezed between the Feb 1 res line, initial res at $1.3043, and the lows of Mar 8, 6 & 1,

GBP/JPY Technical Analysis

(142,95) The GBP/JPY formed as well a negative outside day with now 144,25 – 141,90 the levels to follow in the coming hours.

(125,75) The EUR/JPY formed a negative outside day reversal after a retest of the 126 level, while however remaining interior Friday’s inside day with 126,10 – 123,70 still the levels to follow in the coming hours.

USD/JPY Technical Analysis

(95,72) The USD/YEN formed a negative outside day after the 96,70 overshooting. We have now new levels to follow: 96,80 – 95,50.

Asian Currencies Technicals

AUD/USD: Focus Turns To Layers Of Resistance $1.0374-98. The close above the previous $1.0298 resistance level sees focus return to the layers of resistance in the $1.0374-98 region which include the 100-WMA ($1.0389),

FX Technical Thoughts

EURUSD – With the MACD below its zero line, reflecting bearishness, focus is on the momentum tools as a closing cross lower would reinforce the bearish theme.

Technical Alert

EURUSD is stuck in a 1.2955-1.3135 range. Overall short-term picture remains tilted to the downside so any break back below 1.2980 should be watched… next target for USDJPY is located at 97.55…