Technical Analysis
USD/JPY Technical Analysis
(87,48) The USD/YEN confirmed the suggested session of consolidation yesterday forming a new inside day with 88,50 – 87,10 the levels to follow in the coming hours.
EUR/JPY Technical Analysis
(114,73) The EUR/JPY confirmed a session of consolidation but still managed to confirm a closing above 115 but below Friday’s one.
Asian Currencies Technicals
AUD/USD: Layers Of Resistance $1.0583-24. The AUD/USD is drifting back towards the initial resistance noted at $1.0527.
Technical Alert
EUR/USD Trend line to be scrutinized… GBP/JPY Next leg lower underway… EUR/SEK Halted by next support… USD/SEK Upside exit underway… EUR/NOK Key day reversal!… USD/NOK Cover shorts!
Daily Market Technicals
EUR/USD: Bears Target Break Below Jul 24 Support Line At $1.2964. The pair fades from the former May 1 trendline after retesting this as resistance following the double-top reversal pattern.
Asian Currencies Technicals
AUD/USD: Overall Focus Remains Lower For Now. The pair currently remains focused on retests of the key $1.0290-00 support region.
Daily FX Technical Strategy – USD bounces as bonds bomb
Investors have started 2013 in an optimistic mood and as confidence returns, evidenced by surging global equity markets, the safe haven trades of 2012 are being jettisoned,
FX Technical Volume Strategy: High volume EUR/USD selling
– Overall volumes increased on the day, with JPY continuing to dominate the G10 rankings.
Global Technical Watch – Yields race into NFP
Around the turn of the year, the past three trading session in US 10yr yields resulted in over a 20 bps rise as the market broke above range highs of the past six months.
Technical Alert
Euro weakness and dollar strength accross the board yesterday. The market is probably a bit stretched in the very short term hence a day of (at least until NFP) congestion and consolidation likely.
AUD/USD Technical Analysis
(1,0435) The AUSSIE formed a negative day reversal but only a closing tonight below 1,0460 will confirm a s/t top supporting lower levels.
USD/CAD Technical Analysis
(0,9905) The USD/CAD confirmed a positive closing while remaining interior the previous day’s range forming a new inside day with 0,9960 – 0,9820 the levels to follow in the coming hours.