Technical Analysis

EUR/CHF Technical Analysis

(1,2283) The EUR/CHF confirmed a weak closing on Friday even below the support of the inside day at 1,2270 suggesting further downside risk.

EUR/GBP Technical Analysis

(0,8730) EUR/GBP confirmed a strong closing on Friday forming a positive day reversal. The weekly closing was also strong, above the top of the previous week suggesting further strength.

EUR/USD Technical Analysis

(1,3214) The EUR/DOLL formed on Friday a small positive day reversal but only a daily closing tonight above 1,3246 will confirm a s/t bottom supporting higher levels.

Technical Alert

EUR awaits the outcome of the IT election. UK downgrading and £ selling…but if this is all that will be seen..well then sterling rebound advocated Friday will soon be back.

GBP/USD Technical Analysis

(1,5138) The CABLE failed on Friday to confirm the previous day’s positive day reversal plunging instead toward a new low this morning below 1,51.

USD/JPY Technical Analysis

(94,19) The USD/YEN confirmed also on Friday further consolidation interior the big inside day with 94,55 – 92,25 still the levels to follow in the coming hours/ session.

EUR/JPY Technical Analysis

(124,50) The EUR/JPY confirmed a positive closing on Friday remaining interior the range of the previous day forming a new inside day with 124,85 – 122,15 the levels to follow in the coming hours.

Daily Market Technicals

EUR/USD: Back Within Bolli Band, Daily & Weekly Studies Slide. The pair holds just above the former 38.2% of $1.4940-1.2043 at $1.3150,

Asian Currencies Technicals

AUD/USD: $1.0220-1.0374 Range For Now. The pair ontinues to whip around in the recently defining $1.0220-1.0374 range with layers of support noted in the $1.0200-20 region and

USD/CAD Technical Analysis

(1,0197) The USD/CAD confirmed last night another strong closing after a 1,02 overshooting, missing however to directly test the resistance line at 1,0225!!

(0,9310) The USD/CHF confirmed a strong closing well above the resistance line, now support at 0,9270. While above this line we favour an extension of the move up toward the 200 days line, now found at 0,9433!!

Technical Alert

Another eventful day with several milestones passed. In general we are looking for more dollar strength (perhaps excluding JPY & GBP, both looks reaction prone to us).