Technical Analysis
Asian Currencies Technicals
AUD/USD: Chopping around lower Bollinger band. The AUD/USD continues to chop around the falling lower 21 day Bollinger band as it heads towards the initial target at the 200 day moving average.
FX Daily Crosses
Today’s highlights: * EUR/GBP: An inside session sees a quiet start to the week and the spotlight still on the .7925/64 barrier, which we still look to try and cap to keep the medium-term trend lower.
Technical Analysis
Aussie is down under, scandies fare better… EUR/USD Set to test mid-1.24 support… EUR/JPY Bullish flag or a top forming… AUD/USD Testing sort-term key support… EUR/SEK Gunning for the 8.2020 low…
FX Market Technical Research
EUR/USD: The pair holds above the former 61.8% retracement level, which had capped at $1.2444, with this level now turning support.
Asian Currencies Technicals
AUD/USD: Initial focus remains on 200 day MA. Minor new 4 week lows again for the pair as it continues to pause in the $1.0370/75 region.
Technical Analysis
Gold shines & AUD/USD erasing support… EUR/USD The “cloud” so far capping… AUD/USD Ended below 1.0410… EUR/SEK All correction targets met… USD/SEK Still hovering above support…
FX Market Technical Research
EUR/USD: Back Within Bollinger Band. The pair holds above the former 61.8% retracement level, which had capped at $1.2444, with this level now turning support.
Asian Currencies Technicals
AUD/USD: 21 day lower Bollinger comes into play. The correction from the $1.0540-45 region continues with the pair trading at fresh 4 week lows to end last week.
FX Daily Crosses
Today’s highlights: * EUR/GBP: We look for renewed selling to emerge at .7930/64 and for the downtrend to resume from here. * EUR/JPY: Prices continue to coil sideways, but while 97.73/72 minimally holds recovery risk remain to 100.00/01 ahead of 100.72, where we would expect renewed selling.
FX Daily Majors
Today’s highlights: * EURUSD: Probing 1.2598/3 resistance. We expect a correction lower from here, back to 1.2431 support. Below here then exposes 1.2337 channel support
Technical Analysis
In the search of a €/$ peak. AUD @ great risk!… EUR/USD Another attempt to peak… AUD/USD Watch out for a 1.0410 break!… USD/JPY Creating a bear flag… EUR/SEK Looking for 8.26/28 bids…
FX Market Technical Research
EUR/USD: Still Testing Bollinger Band. The pair has made a significant break above the 61.8% retracement level, which had capped at $1.2444 and now turns resistance.