Technical Analysis
S&P ANALYSIS
The S&P confirmed a negative closing also yesterday favouring the 1170 undershooting this morning.
EUR/USD ANALYSIS
The EUR/USD is still well below the 1,3615 key level and while below this resistance the risk is for further weakness.
USD/CHF ANALYSIS
The USD/CHF confirmed a further session of consolidation interior the inside day with 0,9240 – 0,9075 still the levels to follow in the coming hours.
EUR/CHF ANALYSIS
EUR/CHF confirmed a weak closing last night below the 1,2350 level supporting now a possible drop toward the 200 days line, now found at 1,2197.
GBP/USD ANALYSIS
The CABLE failed yet to confirm a 1,57 overshooting but in the same time it is also still holding well above 1,5680. The closing was negative supporting lower levels.
EUR/GBP ANALYSIS
EUR/GBP confirmed a nice move up yesterday finding however resistance already at 0,8667.
USD/JPY ANALYSIS
The USD/YEN confirmed yesterday a further session of consolidation interior the range of the inside day with 77,15 – 76,45 still the levels to follow in the coming hours/ session; a daily closing above 77,15, but better would be above 77,35, will support higher levels.
EUR/JPY ANALYSIS
The EUR/JPY confirmed a positive closing but it failed again to extend the move up above 104,40.
GBP/JPY ANALYSIS
The GBP/JPY confirmed a session of consolidation forming a new inside day with 121,65 – 119,90 the levels to follow in the coming hours.
CRUDE OIL ANALYSIS
The CRUDE OIL confirmed a negative closing below the 200 days line suggesting further downside risk. It failed however to confirm one below the 96,70 level!!
GOLD ANALYSIS
GOLD confirmed a further weak closing breaking even below the support line that opened the way for an extension of the drop toward the 200 days line at 1592,40!
BUND ANALYSIS
The BUND confirmed a session of consolidation forming a new inside day with 138,13 – 136,05 the levels to follow in the coming hours!!