Technical Analysis
Asian Currencies Technicals
AUD/USD: Focus shifts back to Aug monthly highs. Friday’s sharp move higher paused right on the 21 day MA but the move through layers of resistance has seen focus now shift back to retests of the $1.0540-1.0640 region.
FX Techs
At a glance: Cling together, swing together The European sovereign debt crisis opened a new chapter yesterday with the ECB’s decision to launch an unlimited bond buying program.
Technical Analysis
Risk appetite lift, AUD short covering, stocks up… EUR/USD A new top was printed… EUR/JPY Final leg higher underway… AUD/USD Bullish key day reversal… EUR/SEK Not the expected outcome…
FX Market Technical Research
EUR/USD: Approaching One-Year Resistance Line. The pair is approaching a resistance line from Aug 29 2011, which is valued at $1.2663 and declining 7 pips/day.
Asian Currencies Technicals
AUD/USD: Oversold daily techs studies correcting. Very O/S daily tech studies have come into play with the pair bouncing back towards the 100 week MA ($1.0298) and the Ichimoku cloud top ($1.0314).
Technical Analysis
Eventful day(s) ahead. The common ccy resilient going into ECB with EURUSD looking set for yet another correctinal high, 1.2675? 1.2748?, EURJPY buyers at the low end of range threatens the upper boundary, EURGBP also failed to move lower,
FX Market Technical Research
EUR/USD: Approaching One-Year Resistance Line. The pair is approaching a resistance line from Aug 29 2011, which is valued at $1.2670 and declining 7 pips/day.
Asian Currencies Technicals
AUD/USD: Fresh 6 week lows. Fresh 6 week lows for the AUD/USD with the 100 day ma taken out and chopping around the falling 21 day lower Bollinger band ($1.0192) expected to continue.
FX Technical Volume Strategy: Cable divergence points to a top
– Event risk later in the week is keeping trading subdued for the time being. – GBP/USD – OBV divergence suggests a top is forming and risks into next week are to the downside.
Technical Analysis
It seems that the euro is flipping back into a defensive position, at least against the dollar, yen & pound – but not so against the krona with TCW breaking higher ground and EURSEK marching into a 8.45-8.50 test…
FX Market Technical Research
EUR/USD: Approaching One-Year Resistance Line. Euro-dollar is approaching a resistance line from Aug 29 2011, which is valued at $1.2677 and declining 7 pips/day.
Global Technical Watch – Quick Charts (Sep 5)
The US dollar is catching a near term bid and for this to turn broad based, we prefer to see the US dollar index above one month trendline resistance and the Asia dollar index below 115.00. Until then, the bounce is likely corrective.