Technical Analysis
GBP/JPY ANALYSIS
The GBP/JPY confirmed also on Friday further consolidation interior the inside day with 122,75 – 120,80 still the levels to follow in the coming hours.
EUR/GBP ANALYSIS
EUR/GBP is still consolidating interior the negative outside day with 0,8630 – 0,8500 still the levels to follow in the coming hours. Only a break below the support confirmed by a daily closing will cause lower levels suggesting an extension of the drop toward the 0,8400 area!!
EUR/JPY ANALYSIS
The EUR/JPY confirmed a negative weekly closing while remaining however interior the range of the previous week. We have therefore 106,05 – 102,65 the levels to follow in the coming hours/ sessions.
USD/JPY ANALYSIS
The USD/YEN is still interior the inside day with 78,30 – 77,15 still the levels to follow for a possible break out. Again only a daily closing above 78,30 will support higher levels.
EUR/USD ANALYSIS
The EUR/USD confirmed on Friday further consolidation interior the negative outside day. The closing was however positive and above the opening. We suggest following still the levels 1,3470 – 1,3275 for a possible break out!
DAX ANALYSIS
The DAX confirmed a weak closing last night well below the support of the positive outside day. The drop favoured a test of the 200 hours line this morning that we bought as suggested at 5820.
S&P ANALYSIS
The S&P confirmed a weak closing last night well below the low of the previous session and below the 200 days line suggesting further weakness.
CRUDE OIL ANALYSIS
CRUDE OIL confirmed a weak closing last night after plunging toward the 200 days line at 97,30 that we expect to test in the coming hours.
BUND ANALYSIS
The BUND is confirming the expected extension of the move up that could favour a test of the resistance line at 137,55.
EUR/CHF ANALYSIS
EUR/CHF confirmed a weak closing last night below the low of the previous session that was a negative day reversal. Possible therefore further weakness and a possible 1,23 undershooting with the 200 days line at 1,2212 the attraction.
GBP/JPY ANALYSIS
The GBP/JPY confirmed also yesterday further consolidation interior the inside day with 122,75 – 120,80 still the levels to follow in the coming hours. Only a daily closing above 122,75 will confirm an extension of the move up with the 200 days line at 127,45 the attraction.
EUR/GBP ANALYSIS
EUR/GBP is still consolidating interior the negative outside day with 0,8630 – 0,8500 still the levels to follow in the coming hours.