Technical Analysis
FX Daily Crosses
Today’s highlights: – EURGBP: Reversal lower from .8328 continues with risk to pivot support at .8228 and potentially then .8213 trend line support.
FX Daily Majors
Today’s highlights: – EURUSD: Market continues its correction lower, bringing the market through 1.3300/09 pivot support towards our retracement target of 1.3249.
AUD/USD Technical Analysis
(1,0563) The AUSSIE is still confirming further consolidation interior the big inside day with 1,0615 – 1,0480 the levels to follow in the coming hours.
Global Technical Watch – Respite for the JPY
Momentum warnings suggest a temporary respite in the recent trend of JPY weakness. In the near term, the risks of a deeper EUR/JPY pullback are increasing.
Technical Alert
The euro is still on the back foot and the yen is healing the hurts, at least some of it… EURUSD looks staged to recheck a short-term Fibo retracement grid below, starting at 1.3250.
GBP/JPY Technical Analysis
(141,58) The GBP/JPY confirmed last night a weak closing below the support of the negative outside day at 142,75.
USD/CAD Technical Analysis
(0,9850) The USD/CAD is still confirming further consolidation interior the big inside day with 0,9960 – 0,9820 still the levels to follow in the coming hours.
USD/CHF Technical Analysis
(0,9310) The USD/CHF confirmed a very strong closing last night well above the 0,9305 key level suggesting further upside potential with the 200 days line at 0,9432 the possible attraction!
GBP/USD Technical Analysis
(1,6050) The CABLE confirmed still a negative closing, however while remaining interior the range of the previous session forming a new inside day with 1,6170 – 1,6020 the levels to follow in the coming hours.
EUR/USD Technical Analysis
(1,3291) The EUR/DOLL confirmed a weak closing last night below the low of the previous session.
EUR/CHF Technical Analysis
(1,2377) The EUR/CHF confirmed another strong closing yesterday already confirming a 1,24 overshooting. There is still more upside potential, but in the s/t we may see a correction.
Daily Market Technicals
EUR/USD: Bearish Engulfing Candle As Studies Weaken. The pair leaves a bearish engulfing candle and slips from its Jan 14 high of $1.3404 to hold above the 23.6% of $1.2877-1.3404,