Technical Analysis
GBP/JPY Technical Analysis
(140,35) The GBP/JPY confirmed on Friday another session of consolidation remaining interior the inside day with 143.30 – 137,70 still the levels to follow in the coming hours.
Technical Alert
Dollar ended last week on a bullish footing and the positive $ momentum is seen continuing also this week. Euro weakess should continue (but 1.28/29 should be a relatively hard nut to crack),
EUR/USD Technical Analysis
(1,3000) The EUR/DOLL confirmed on Friday a weak closing in the daily chart as well as in the weekly one, all below the low of the previous session/ week!
GBP/USD Technical Analysis
(1,5025) The CABLE confirmed another weak closing on Friday after a test below 1,50. We could see further direct weakness toward 1,4750.
EUR/GBP Technical Analysis
(0,8650) EUR/GBP confirmed a session of consolidation with a positive closing; only a closing above 0,8685 will however confirm higher levels!!
EUR/CHF Technical Analysis
(1,2242) The EUR/CHF confirmed an extension of the corrective rebound managing a strong closing on Friday after a test just below 1,23.
EUR/JPY Technical Analysis
(121,40) The EUR/JPY formed a positive outside day while however still remaining interior the larger inside day with 118,60 – 125,50 still the levels to follow in the coming hours/ sessions.
USD/JPY Technical Analysis
(93,41) The USD/YEN confirmed a strong closing on Friday extending its move up toward 93,80, the 75 % of the previous drop 94,78 – 90,91!!
Technical Alert
New month and some interesting monthly February candles. The most interesting ones are the clear signal for lower NOK and German 10yield.
EUR/GBP Technical Analysis
(0,8615) EUR/GBP confirmed a weak closing below the low of the previous session suggesting a possible change. The monthly closing was instead still positive but not strong!!
GBP/USD Technical Analysis
(1,5177) The CABLE confirmed last night a positive closing but well off the high of the session. Still only a move above 1,5220 confirmed by an hourly closing will postpone further weakness supporting a higher retracement.
USD/CHF Technical Analysis
(0,9360) The USD/CHF formed a positive month reversal and last night it confirmed also a strong closing well above the top of the previous sessions suggesting further upside potential toward the 200 days line, now found still at 0,9430.