Technical Analysis
GBP/JPY Technical Analysis
(132,10) The GBP/JPY is still confirming further consolidation interior the inside day with 132,95 – 131,45 still the levels to follow in the coming hours.
USD/CHF Technical Analysis
(0,9350) The USD/CHF is confirming the expected rebound after the strong closing last night above the resistance at 0,9300.
Technical Analysis
This will be very brief (and not spellchecked…). EUR/UD & EURGBP looks offered through low and bearish looking closes yesterday…
EUR/GBP Technical Analysis
(0,8070) EUR/GBP confirmed a very weak closing last night well below the low of the negative day reversal. A daily closing tonight below 0,8065 will support direct lower levels suggesting a return below the 200 days line, now support at 0,8058.
EUR/CHF Technical Analysis
(1,2105) EUR/CHF confirmed a weak closing below the low of the previous negative day reversal suggesting we have already a s/t top.
Daily Market Technicals
EUR/USD: Dark-Cloud Cover Candle Pattern Confirmed. EUR/USD fell through support after posting a dark cloud cover candle pattern, confirmed yesterday.
Asian Currencies Technicals
AUD/USD: Yesterday’s Low Key Today. Fresh 11 week highs for the AUD/USD overnight as the pair managed to take out stops above the $1.0500 level overnight, spiking above the upper Bollinger band but failing ahead of the Sept 21 high.
USD/JPY – expecting one more pullback ahead of triangle break
USDJPY continues to correct as proposed by marking time in a sideways, triangle correction. With 4 legs complete only a Wave-e pullback is necessary to complete the pattern.
A monthly run through the long-term charts
What’ up (or down) with vol? A clear trend has been lower implied EUR/USD vol ever since a Q3’11 high (with an interim bounce during spring this year when overall risk appetite became sour).
FX Daily Majors
Today’s highlights: – EURUSD: Failure ahead of the 1.3140/72 resistance zone occurs as expected, with a corrective phase commencing for back to 1.2972/49 support initially.
Global Technical Watch – Coinciding EUR hurdles
The EUR is approaching important resistance areas across the board. Figure 1 highlights these levels against the JPY, CHF, USD, and GBP.
Technical Analysis
€/$ key resistance at 1.3140 survived at least the first attemt, YEN has weakend some but whereas USDJPY looks like a bullish continuation pattern EURJPY looks tired,