Technical Analysis

USD/JPY @ target. AUD massively sold. SEK weaker

EURUSD: Despite the failure above 1.2934 most factors still speaks infavor of a short term base,

Thursday’s rally again stalled ahead of initial resistance noted in the $1.2963-89 region.

The spike above the 200-DMA Thursday remained capped ahead of the $0.9229 resistance level before reversing lower with

EUR/USD is trying to bounce from its oversolddecline. The hourly resistance at 1.2988(05/09/2014 high) has held thus far.

EURUSD: The past three days price action has created a possible V-shaped bottom which together with 1)

Wednesday’s attempted recovery off 2014 lows traded marginally above the previous $1.2960 resistance level with

The correction lower from last week’s brief pop above the $0.9400 level has now resulted in the first close below

EUR/USD is trying to bounce from its oversolddecline. Hourly resistances can be found at1.2988 (05/09/2014 high) and

EURUSD: UR/USD looks set to deal with the stretch through a 1.2990\1.3045 retest…

The EUR/USD again managed fresh 2014 and 14 month Tuesday before bouncing a little only to remain capped ahead

The correction lower from last week’s brief pop above the $0.9400 level gathered momentum again Tuesday with

EUR/USD made new lows yesterday,confirming persistent selling pressures.