Technical Analysis

Daily Market Technicals

EUR/USD: Below Feb 1 Res Line But Holds Above $1.2955 – Mar 8 Low. The pair hanging around just below the Feb 1 res line now at $1.3066,

USD/CAD Technical Analysis

(1,0269) The USD/CAD is overall still confirming further consolidation interior the negative day reversal with 1,0355 – 1,0250 still the levels to follow.

(0,9490) The USD/CHF is confirming a correction turning below 0,9500. In yesterday’s session it remained interior Friday’s range forming a new inside day with 0,9565 – 0,9405 the levels to follow in the coming hours.

USD/JPY Technical Analysis

(96,48) The USD/YEN confirmed a session of consolidation remaining interior Friday’s range forming a new inside day with 96,65 – 94,65 now the levels to follow.

GBP/USD Technical Analysis

(1,4887) The CABLE confirmed further weakness below 1,49 but missed yet to confirm our target at 1,4839, but probably it’s just a question of time.

EUR/USD Technical Analysis

(1,3025) 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

(0,8748) EUR/GBP confirmed a strong closing last night aborting therefore Friday’s negative day reversal suggesting further strength.

EUR/JPY Technical Analysis

(125,75) The EUR/JPY confirmed a positive closing while remaining interior Friday’s range forming a new inside day with 126,10 – 123,70 the levels to follow in the coming hours.

EUR/CHF Technical Analysis

(1,2363) The EUR/CHF confirmed a small session of consolidation without forming any pattern. While above 1,2345 we expect further upside potential still suggesting a 1,24 overshooting!!

Asian Currencies Technicals

AUD/USD: Above Mar 6 High Needed To Shift Focus Higher. The pair continues to trade in a choppy fashion with the Mar 6 highs remaining initial resistance and

AUD/USD Technical Analysis

(1,0230) The AUSSIE confirmed a negative closing in the daily chart but the weekly closing was positive forming a positive week reversal;

EUR/GBP Technical Analysis

(0.8711) EUR/GBP formed on Friday a negative day reversal after a 0,8740 overshooting; only a daily closing tonight below 0,8676 will however confirm a s/t top supporting lower levels!!