Technical Analysis
FX Daily Crosses
Today’s highlights: – EUR/GBP: Range support at .7967/59 has held and our bias is for the recovery to extend to neckline resistance at .8045, with scope to the .8096 high.
FX Daily Majors
Today’s highlights: – EURUSD: Uptrend persists higher towards our target 1.2975/95 pivotal resistance zone. Above would see a continuation to our next target, set at the 1.3284 chart hurdle.
Technical Analysis
Key events today and tomorrow are obvious key risks to anything we have seen during the position deployment ahead of announcements…
FX Market Technical Research
EUR/USD: Closes Above 200-DMA. EUR/USD has taken out the falling daily trend line and closed above the 200-DMA for the first time since late Nov 2011, adding support to the bullish case.
Asian Currencies Technicals
AUD/USD: Focus Firmly Remains On Higher Levels. Fresh 3 week highs for the pair as it closed above the 21-DMA with focus firmly on retests of the $1.0540-1.0640 region.
FX Daily Crosses
Today’s highlights: – EUR/GBP: Range support at .7964/59 ideally holds to maintain recovery with risks to .8004. Above here would aim at the .8096 high. – EUR/JPY: We ideally look for basing support at 99.60/21 to hold to see a test of the 101.65/81 where we expect a fresh attempt at a top. – EUR/SEK: […]
FX Daily Majors
Today’s highlights: – EURUSD: Reverting back to the breakout support zone of 1.2727. Some rebound potential from here for back to test trendline and 200- day average resistance at 1.2838/50.
Technical Analysis
The nokkie got it on the chin yesterday and a 7.40-7.45 test looks possible before realigning price action with downtrend again… EURSEK on the other hand confirmed mid-body resistance yesterday and looks ready to test nearby supports at 8.43 & 8.40…
FX Market Technical Research
EUR/USD: Consolidating Friday’s Break Higher. Consolidation below layers of resistance including the 200-DMA, falling daily trend line off late Feb highs and Friday’s high continues with an inside day to start the week.
Asian Currencies Technicals
AUD/USD: 21 DMA Continues to cap recovery. The 21 DMA continues to cap the recovery from monthly lows with further resistance noted in the $1.0400-44 region.
Technical Analysis
$ in general under pressure with $ index back at levels not seen since the spring. US bond yields basically unchanged (after a rather volatile session)sinc Friday, GOLD continues to climb and so does many commodities (CRB into a bear divergence now…!) and the YEN to strengthen (ag the greenback but also soon ag the […]
FX Market Technical Research
EUR/USD: Key Resistance Levels Just Above. The pair is consolidating below Friday’s highs, the 200-DMA and the falling daily trend line from late Mar highs after getting a little ahead of itself and closing above the 21 day upper Bollinger band ($1.2741) to end the week.