Technical Analysis
BUND ANALYSIS
The BUND formed a small positive day reversal but only a daily closing above 134,52 will confirm a s/t bottom supporting a larger rebound.
EUR/GBP ANALYSIS
EUR/GBP confirmed a session of consolidation forming a new inside day with 0,8630 – 0,8535 the levels to follow in the coming hours.
EUR/CHF ANALYSIS
EUR/CHF confirmed yesterday further consolidation interior the positive outside day reversal with 1,2395 – 1,2235 still the levels to follow in the coming hours/ session.
USD/CHF ANALYSIS
The USD/CHF found good resistance favouring a small correction that for the moment managed to keep the dollar above 0,9175.
GBP/USD ANALYSIS
The CABLE confirmed a positive closing missing however a strong one. Nevertheless we see further upside potential in the s/t suggesting a 1,56 overshooting where we still find the 200 hours line(1,5612).
EUR/USD ANALYSIS
The EUR/USD confirmed higher levels but the closing last night was mixed. We see however further s/t upside potential suggesting even a possible 1,35 overshooting!!
EUR/JPY ANALYSIS
The EUR/JPY confirmed a strong closing confirming therefore also Friday’s small positive day reversal.
GBP/JPY ANALYSIS
The GBP/JPY confirmed a strong closing above the top of the previous session suggesting further upside potential.
USD/JPY ANALYSIS
The USD/YEN confirmed a further strong closing above 78 suggesting further upside potential toward the resistance line at 78,80.
EUR/CHF ANALYSIS
EUR/CHF formed on Friday a positive outside day reversal with now 1,2395 – 1,2235 the levels to follow in the coming hours/ session.
EUR/GBP ANALYSIS
EUR/GBP confirmed a weak closing on Friday but the weekly one was still positive and above the 200 weeks line.
STOXX 50 ANALYSIS
The EUROSTOXX 50 formed on Friday a small positive day reversal, another one, suggesting higher levels especially in case of a daily closing above 2121 tonight!!