Technical Analysis
FX Daily Majors
Today’s highlights: * EURUSD: Challenging 1.2383/7/8 resistance cluster. We highlight that an upside break above here completes a minor base with risk higher to 1.2444/79.
FX Market Technical Research
EUR/USD: Breaks Above 55-Day Moving Average. Euro has broken above the 55-day moving average at $1.2391 and close above here is the next crucial test.
Technical Analysis
Scandies still look strong. Spanish yields turn sour… EUR/USD Bearish contracting range… USD/JPY Re-checking support… USD/CAD Losing momentum? EUR/SEK Focus on key ref at 8.2020… USD/SEK Confined to range…
Asian Currencies Technicals
AUD/USD: Inside day to start the week. An inside day to start the week for the pair with the 21 day moving average capping the days rally.
FX Daily Crosses
Today’s highlights: * EURGBP: Prices remain in tight range near term, but we remain bearish for a test of 7790 ahead of .7755/40. * EURJPY: The risks remain higher to 98.33/87 next with scope up to 100.72, which we would expect to cap for a turn lower.
FX Daily Majors
Today’s highlights: * EURUSD: Indecisive price action continues after failure ahead of 1.2383/7/8 resistance zone. We expect the market to retest 1.2242/56 support zone. Below exposes 1.2134.
Technical Analysis
€/Scandie’s correctional peaks in place… EUR/USD Indecisive … USD/JPY Important close today… NZD/USD Seeking a sell… EUR/SEK Strong rejection from target… USD/SEK 6.53/57 important ref’s… EUR/NOK 2nd spike above the line… USD/NOK Important support.
FX Market Technical Research
EUR/USD: Focus on Fibonacci Level, 21-DMA. The daily stochastic study formed a bear-cross in EUR/USD, while 10-day momentum is flirting with the zero line, keeping bear’s attention on the 21-DMA, which rises to $1.2287.
Asian Currencies Technicals
AUD/USD: Aug 2 lows finally give way. The pivotal support noted at Aug 2 lows finally gave way and now sees initial focus on a retest of the 200 day moving average with back down to July monthly lows targeted overall.
FX Daily Majors
Today’s highlights: * EURUSD: Aggressive rally higher leads to a re-test of the 1.2387/8 resistance hurdle. Failure here keeps the downside threat alive, but above exposes 1.2444/79.
Technical Analysis
Higher EUR/SEK, AUD/USD testing key support… EUR/USD Bounced off the flag floor… AUD/USD Important junction just below… USD/JPY Enough?… EUR/SEK 8.31 a first hand target…
FX Market Technical Research
EUR/USD: Focus on Fibonacci Level, 21-DMA. The daily stochastic study forms a bear-cross, while 10-day momentum is flirting with the zero line, keeping bear’s attention on the 21-DMA, which rises to $1.2279.