Technical Analysis
AUD/USD ANALYSIS
The AUSSIE is still well bid after Wednesday’s impressive rally that caused a retest of the 1,0330 area. While below the 200 days line at 1,0414 we expect the AUSSIE to slowly turn again lower.
EUR/GBP ANALYSIS
EUR/GBP confirmed a positive closing but not a strong one missing therefore to confirm the positive day reversal.
GBP/JPY ANALYSIS
The GBP/JPY formed a new inside day yesterday with 12265 – 120,90 the levels to follow in the coming hours.
EUR/JPY ANALYSIS
The EUR/JPY confirmed a positive closing but not a strong one and however not above the resistance of the outside day at 104,85. Nevertheless we see further upside potential for this cross!
USD/JPY ANALYSIS
The USD/YEN confirmed a session of consolidation interior the previous day’s range forming a new inside day with 78,30 – 77,15 the levels to follow in the coming hours.
EUR/CHF ANALYSIS
EUR/CHF confirmed also yesterday further consolidation interior the positive outside day with 1,2395 – 1,2235 still the levels to follow in the coming hours/ session.
DAX ANALYSIS
The DAX confirmed a session of consolidation just below the top of the previous one. It formed a new inside day with 6145 – 5694 the levels to follow in the coming hours.
BUND ANALYSIS
The BUND confirmed a strong closing last night well above the tops of the previous sessions suggesting further upside potential in the s/t. possible therefore an extension of the correction toward the 200 hours line at 136,16, move that we still see as corrective.
GBP/USD ANALYSIS
The CABLE confirmed a session of consolidation yesterday forming a new inside day with 1,5795 – 1,5515 the levels to follow in the coming hours.
USD/CHF ANALYSIS
The USD/CHF confirmed further consolidation interior the negative outside day with 0,9265 – 0,9055 still the levels to follow in the coming hours.
EUR/USD ANALYSIS
The EUR/USD confirmed yesterday further consolidation interior the positive outside day reversal. We have therefore 1,3545 – 1,3245 still the levels to follow in the coming hours/ session.
BUND ANALYSIS
The BUND confirmed yesterday a session of consolidation despite the wild moves in the stock market. The closing was positive but still close to the lows of the last days.