Technical Analysis
EUR/CHF Technical Analysis
(1,2083) EUR/CHF confirmed a further session of consolidation interior the inside day with 1,2140 – 1,2065 still the levels to follow in the coming hours.
GBP/JPY Technical Analysis
(135,20) The GBP/JPY confirmed another strong closing last night above the previous top favouring a firm 135 overshooting. Still possible a direct extension toward the 137 area.
Daily Market Technicals
EUR/USD: May 1 Trendline Key Initial Resistance At $1.3100. The pair failed to break above the May 1 trendline at $1.3100, still key initial resistance and the cap to the previous two sessions.
Asian Currencies Technicals
AUD/USD: Immediate Topside Pressure Relieved. The immediate topside pressure has been relieved a little with the break back below the Dec 13 low which increases the risk of a pullback to the $1.0442-46 region with the 21-DMA noted at $1.0446.
FX Daily Crosses
Today’s highlights: – EUR/GBP: The focus remains on .8150/66 as the rally off .8033/4 continues to gather momentum. Above .8150/66 completes a major base for .8263 initially.
Daily FX Technical Strategy – Important yen breakout signals
Over the last 24 hours, the yen has burst into life, breaking major support levels on heavy volume.
USD/CAD Technical Analysis
(0,9835) The USD/CAD is still under pressure and slowly, slowly it is moving toward the 0,9800 area. The daily closing was weak, again.
Technical Alert
Stronger euro, weaker dollar, weaker US 10y note contract and weaker gold post FOMC….? EURUSD up close to key resistance levels (1.3127/40),
GBP/JPY Technical Analysis
(134,95) The GBP/JPY confirmed a strong closing last night well above the 133,50 level. We expect resistance at 135,15 before the 137 area.
EUR/GBP Technical Analysis
(0,8114) EUR/GBP is confirming further strength after the strong closing last night. We expect a 0,8130 overshooting where we expect good resistance in the s/t.
EUR/CHF Technical Analysis
(1,2124) EUR/CHF confirmed a session of consolidation forming again a new inside day with 1,2140 – 1,2065 the levels to follow in the coming hours.
Daily Market Technicals
EUR/USD: May 1 Trendline Key Initial Resistance At $1.3101. The pair failed to match the Dec 5 high which will disappoint bulls,