Technical Analysis

Asian Currencies Technicals

AUD/USD: Shift Higher In Focus. The sharp move higher yesterday for the AUD/USD sees daily tech studies work their way out of oversold territory,

EUR/JPY Technical Analysis

(115,70) The EUR/JPY started the year with another gap up, of about 90/ 100 pips, after a closing on Monday at 114,45.

Global Technical Watch – Range change

Across assets, the normalised annual ranges for 2012 (high minus low as a percentage of the open) were the smallest seen in several years.

EUR/USD Technical Analysis

(1,3270) The EUR/DOLL confirmed a strong monthly closing and a positive yearly one reversing last year’s negative year reversal.

Technical Alert

EUR/USD Another high is coming… GBP/USD Approaching the top line… EUR/JPY Next resistance met… EUR/SEK Hovering above support…

Daily Market Technicals

EUR/USD: Fails To Break Dec 19 High, However Daily Studies Firmer. The pair continues to range between the Dec 19 high and 23.6% Fibonacci level of $1.2662 to $1.3308,

EUR/GBP Technical Analysis

(0,8130) EUR/GBP confirmed a weak yearly closing but the monthly one was positive, however just by a few pips.

USD/JPY Technical Analysis

(87,12) The USD/YEN is starting the year with a jump above 87,00, move that we expected already in the last few days of last year.

GBP/USD Technical Analysis

(1,6320) The CABLE confirmed a positive monthly and yearly closing; the weekly one was instead negative.

Asian Currencies Technicals

AUD/USD: Daily Tech Studies Correcting From Oversold. The pair begins the new year having consolidated within a $1.0340-15 range for the past two weeks.

Daily Market Technicals

EUR/USD: Seen Pressuring Fibonacci Support At $1.3156. Euro trades with a heavy tone and seen pressuring Fibonacci support at $1.3156, 23.6% of $1.2662 to $1.3308 move.

EUR/USD Technical Analysis

(1,3210) The EUR/DOLL is on The way to form a positive year reversal not confirming therefore the negative one it formed last year.