Technical Analysis
Technical Alert
€uro rebound, USD/JPY breaking higher… EUR/USD 1.3092 Post ECB reaction… USD/JPY 95.35 Broke to a new trend high… EUR/GBP 0.8733 Bearish triangle proven wrong…
Daily Market Technicals
EUR/USD: Bullish Engulfing Candle Pattern Encourages Bulls. The pair follow daily studies higher and breaks above former initial res to challenge the Feb 1 res line and 100-DMA,
GBP/JPY Technical Analysis
(142,90) The GBP/JPY is confirming a strong closing while however still confirming further consolidation interior the inside day with 143.30 – 137,70 still the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(124,85) The EUR/JPY confirmed an important extension of the corrective (?) move up already testing the 125 area where we expect some resistance at least until the employment figures today!
USD/JPY Technical Analysis
(95,36) The USD/YEN confirmed a strong closing last night above the resistance of the negative outside day suggesting higher levels toward a potential target at 98,08!!
GBP/USD Technical Analysis
(1,4985)The CABLE confirmed also yesterday further consolidation interior the inside day with 1,5200 – 1,4975 still the levels to follow in the coming hours;
EUR/USD Technical Analysis
(1,3095) The EUR/DOLL confirmed a test of the resistance at 1,3110 with even an overshooting that it failed however to confirm by a daily closing.
EUR/CHF Technical Analysis
(1,2365) The EUR/CHF is confirming further strength extending the move up above 1,2350. The move up aborted a few negative reversals in the hourly chart suggesting there could be more upside potential.
Technical Alert
The dollar rise gained traction yesterday and especially so vis-a-vis the emerging market bloc. USD/SEK & NOK also showing bullish signs with key day reversals yday.
AUD/USD Technical Analysis
(1,0224) The AUSSIE formed a negative day reversal failing therefore to confirm a bottom for now. Possible instead a retest of the lows!!
Daily Market Technicals
EUR/USD: Holds Above $1.2965, Slight Positive Divergence On 10-Day Mom. The pair manages to hold just above key initial support, seen around $1.2965/67,
USD/CAD Technical Analysis
(1,0312) The USD/CAD confirmed a strong closing last night but it failed to confirm a new high despite the rally that favoured a 1,0330 overshooting.