Technical Analysis
USD/CAD Technical Analysis
(0,9947) The USD/CAD is still confirming further consolidation interior the inside day with 0,9965 – 0,9860 still the levels to follow.
USD/JPY Technical Analysis
(86,40) The USD/YEN is further extending its move up but the slope is now starting to get steep. Nevertheless we could well see a direct 87,00 overshooting.
Asian Currencies Technicals
AUD/USD: Sideways Trading Continues For Now. The AUD/USD is consolidating below the 100-DMA ($1.0396) with a close above the Dec 24 high needed to relieve the immediate downside pressure.
Daily Market Technicals
EUR/USD: Topside So Far Capped Ahead Of $1.3273 Fibonacci. Gains so far capped ahead of $1.3273, 76.4% of $1.3308 to $1.3159 move.
USD/CAD Technical Analysis
(0,9930)The USD/CAD is still confirming further consolidation interior last Friday’s range when it formed an inside day with 0,9965 – 0,9860 still the levels to follow;
AUD/USD Technical Analysis
(1,0362) The AUSSIE formed yesterday a small positive day reversal after a few weak closings. The weekly closing was also very weak on Friday;
EUR/GBP Technical Analysis
(0,8204) EUR/GBP confirmed a strong closing last night after the strong weekly closing on Friday last week. We have to expect further strength toward 0,8300.
EUR/CHF Technical Analysis
(1,2082) The EUR/CHF is still confirming further consolidation interior the inside day with 1,2140 – 1,2065 still the levels to follow in the coming hours.
GBP/JPY Technical Analysis
(138,40) The GBP/JPY failed to confirm any correction extending instead the move up already above 138.
USD/CHF Technical Analysis
(0,9136) The USD/CHF is confirming further consolidation interior last Friday’s range that formed an inside day with 0,9180 – 0,9095 still the levels to follow in the coming hours.
Asian Currencies Technicals
AUD/USD: Spikes Below Lower Bollinger To Continue. The AUD/USD continues to remain heavy and remains on track for a retest of the $1.0290-00 region.
Daily Market Technicals
EUR/USD: Gravestone Doji Warns Of Correction Lower. Last week’s gravestone doji candlestick and reversal in daily Stochastic study from overbought territory,