Technical Analysis
Global Technical Watch – Fresh EUR squeeze
The end of last week saw a renewed surge in several EUR crosses – particularly EUR/AUD and EUR/CAD, which continue to pare losses incurred when eurozone concerns were mounting.
Technical Alert
€ strength prevailing and more is expected short term.€ vs Scandies lagging a bit but are seen catching up. Sterling continues to lose ground and JPY has entered key support areas vs. both the $ and
South Africa: Daily FX Technical Strategy – Bearish signals
The topping signals we have been looking for in USD/ZAR appear underway. The about-turn ahead of the 9.10-9.20 resistance area and
GBP/USD Technical Analysis
(1,5757) The CABLE is confirming further weakness remaining under pressure. The weekly closing was very weak below the 200 weeks line suggesting further downside pressure.
EUR/USD Technical Analysis
(1,3450) The EUR/DOLL confirmed a very strong closing on Friday well above the resistance of the inside day at 1,3410 suggesting further strength that already favoured a retest of the 1,3480 level.
Daily Market Technicals
EUR/USD: Highest Since Feb 2012, Negative Divergence On Momentum. EUR/USD breaks through the Jan 14 high to reach $1.3479,
USD/CHF Technical Analysis
(0,9283) The USD/CHF confirmed on Friday a weak closing but it failed to confirm a break of the support of the inside day at 0,9260.
EUR/CHF Technical Analysis
(1,2490) The EUR/CHF confirmed another strong closing on Friday above the top of the previous session suggesting further upside potential toward a possible retest of the 1,2570 top!!
GBP/JPY Technical Analysis
(143,23) The GBP/JPY confirmed a retest of the 144,25 level, the level of the right should of the suggested S_H_S formation that has not been broken yet!
USD/JPY Technical Analysis
(90,90) The USD/YEN confirmed another strong closing suggesting further upside potential. We had already a 91,20 overshooting this morning,
EUR/JPY Technical Analysis
(122,35) The EUR/JPY confirmed another very strong closing in the daily chart as well as in the weekly one suggesting further upside potential.
Asian Currencies Technicals
AUD/USD: Jan 25 High Key Resistance Today. The move lower continues for the AUD/USD with a bearish close to end last week in NY and the lowest levels seen in 3 weeks.