Technical Analysis
EUR/CHF Technical Analysis
(1,2087) EUR/CHF is still consolidating interior the inside day with 1,2140 – 1,2065 still the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: 10-Day Momentum Shows Negative Divergence. The pair broke through $1.3100 but has failed to sustain a move higher,
EUR/GBP Technical Analysis
(0,8126) EUR/GBP formed a negative day reversal but only a daily closing tonight below 0,8111 will confirm a s/t top.
Asian Currencies Technicals
AUD/USD: Inside Day To Start The Week. An inside day to start the week for the AUD/USD as the pair consolidates within a $1.0509-1.0583 range.
UBS FX Technical
EURUSD – The key bullish development on Friday was the closing break above 1.3150, the 38% retracement of the May 2011 to July 2012 bear trade.
FX Daily Majors
Today’s highlights: – EURUSD: Break above 1.3140/72 resistance zone signals trend continuation higher towards 1.3284/1.3388, and then 1.3487.
USD/CHF Technical Analysis
(0,9185) The USD/CHF confirmed a very weak closing in the daily chart as well as in the weekly one suggesting further weakness toward the 0,9000 area.
AUD/USD Technical Analysis
(1,0535) The AUSSIE confirmed a positive closing but overall it is still interior the 1,0575 – 1,0510 range. Only a daily closing above 1,0775 will support the extension of the move up.
FX Trends daily (FOCUS: GBP/AUD)
GBP/AUD The cross has stabilized above a support at 1.5267 which signals a new test of the short term resistance at 1.5451 (retracement of 38% of the downtrend between October & November 2012).
Technical Alert
Major events are the EURUSD violation of 1.3140 and the post Japanese election gaps higher in USDJPY, EURJPY, NIKKEI etc (as being seen as continuation gaps those gaps should soon be closed…).
Global Technical Watch – USD/JPY bandwagon
USD/JPY pushed to new highs for the year this morning as the market is becoming increasingly one-sided.
USD/CAD Technical Analysis
(0,9865) The USD/CAD confirmed on Friday a positive closing but it failed to confirm the previous day’s positive day reversal.
