Technical Analysis

Daily Market Technicals

The continued failures at the $1.2845 level confirm its significance as resistance with bulls needing a close above to add support to

EUR/USD continues to be well supported, ascan be seen by the succession of higher lowssince the one at 1.2501.

EURUSD: The Oct12-21 contracting range looks like a just broken Triangle,

The recent hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

EUR/USD: Momentum pro-decline. Room for continuation of correction seems limited.

EUR/USD has faded near the resistance at1.2901. Monitor the hourly support at 1.2706(16/10/2014 low,

EURUSD: With repeated bids in the 1.2705/47 area there’s still scopefor the pair to

The current hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

NZD/USD Outlook: Up this week Near term momentum has flipped to positive,

With the Q3 CPI due for release on Thursday we have taken the opportunity to have another look at our medium term inflation forecasts.

AUD/USD continued to bounce from ahead of the 2014 low last week. Bulls now look for a close above $0.8861 to

EUR/USD made a large daily lower shadowyesterday, suggesting persistent short-termbuying interest.