Technical Analysis
USD/CAD Technical Analysis
(0,9843) 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.
EUR/JPY Technical Analysis
(118,87) The EUR/JPY confirmed another strong closing also yesterday after a 120 overshooting where it found good resistance.
USD/JPY Technical Analysis
(88,97) The USD/YEN confirmed another strong closing last night but it missed yet to already test directly the 90 level, first target of the move up.
EUR/CHF Technical Analysis
(1,2350) The EUR/CHF confirmed another strong closing last night already extending its move up toward 1,2390.
USD/CHF Technical Analysis
(0,9250) The USD/CHF confirmed a strong closing last night already above 0,9200 before extending further its move up this morning.
EUR/USD Technical Analysis
(1,3353) The EUR/DOLL confirmed another strong closing yesterday after a 1,34 overshooting where it found good resistance for now.
Asian Currencies Technicals
AUD/USD: Dip Back To 21-DMA Now Looking More Likely. With daily Slow Stochastic, RSI and Momentum indicators in overbought territory,
FX Daily Crosses
Today’s highlights: – EURGBP: Decisive break through .8228 and .8263 resistance hurdles keeps the focus higher to next major resistance at .8346. Above here, exposes .8507.
FX Daily Majors
Today’s highlights: – EURUSD: Aggressive rally brings the market up through 1.3388 and next resistance is now located at 1.3487.
UBS FX Technical
EURUSD – The pair continues to extend its gains and post new recovery highs. This morning, it traded above the resistance at 1.3386,
Daily FX Technical Strategy – Heavy volumes confirm investors are on the move
The blistering pace of change at the start of 2013 is not letting up. Volumes are high with the yen at the forefront, suggesting Japanese investors are no longer risk-averse and are searching for yield once more.
Global Technical Watch – Stale position squeeze
Volume in EUR/CHF on Friday hit its highest level since the middle of last year, and price recovered strongly above its two year average.