Technical Analysis
USD/ZAR Technical Analysis
(9,1130) The DOLL/ZAR confirmed on Friday a weak closing below the support of the previous session. A daily closing tonight below 9,0620 tonight will confirm a s/t top supporting a return below 9,00!!
Technical Alert
The greenback back on track for higher levels. JPY weakening and maintained the break above 94.77, GBP still overly oversold but still lacking evidence of a reaction.
EUR/JPY Technical Analysis
(125,08) The EUR/JPY confirmed a strong closing on Friday after the test of the 126 area. The weekly closing was also positive.
USD/CAD Technical Analysis
(1,0277) The USD/CAD is overall still confirming further consolidation interior the negative day reversal with 1,0355 – 1,0250 still the levels, despite an undershooting on Friday of the 1,0240 level.
USD/CHF Technical Analysis
(0,9515) The USD/CHF confirmed a strong closing on Friday in the daily chart as well as in the weekly one suggesting further upside potential.
Daily Market Technicals
EUR/USD: Failed At 23.6%, Bears Eye Below March Lows. The pair failed at the 23.6% level to decline strongly and retested the March lows as supp.
EUR/USD Technical Analysis
(1,3010) The EUR/DOLL formed on Friday a negative outside day with 1,3145 – 1,2945 now the levels to follow in the coming hours.
USD/JPY Technical Analysis
(96,03) The USD/YEN confirmed another strong closing on Friday in the daily chart as well as in the weekly one suggesting further upside potential toward the 98 area if not even a 100 overshooting.
EUR/CHF Technical Analysis
(1,2372) The EUR/CHF confirmed on Friday another strong closing above the top of the previous day; the weekly closing was also strong above the previous week’s top.
GBP/USD Technical Analysis
(1,4925) The CABLE confirmed another weak daily and weekly closing, after the confirmation of our s/t target at 1,4955, suggesting further downside pressure toward 1,4839 before 1,4750 if not even 1,45.
EUR/GBP Technical Analysis
(0,8730) EUR/GBP confirmed a strong closing last night well above the resistance of the inside day at 0,8695. This closing is favouring an extension of the move up that we still consider as corrective but
USD/CAD Technical Analysis
(1,0312) The USD/CAD is confirming further consolidation interior the negative day reversal with 1,0355 – 1,0250 still the levels to follow in the coming hours.