Technical Analysis
CRUDE OIL ANALYSIS
The CRUDE OIL confirmed already a 99,60 overshooting this morning before turning again lower.
SILVER ANALYSIS
SILVER confirmed a relatively strong closing on Friday but only a daily closing above 35,70 will support higher levels.
GOLD ANALYSIS
GOLD confirmed a strong closing on Friday above the top of the previous session but only a daily closing above 1804,50 will confirm higher levels.
SMI ANALYSIS
The SMI confirmed a strong closing above the top of the previous session that was already appositive day reversal.
S&P ANALYSIS
The S&P confirmed a strong closing on Friday managing an overshooting of the 200 days line this morning by testing the resistance line at 1270,00.
STOXX 50 ANALYSIS
The EUROSTOXX 50 confirmed another strong closing confirming therefore also the positive day reversal it formed on Thursday suggesting higher levels.
DAX ANALYSIS
The DAX confirmed on Friday a strong closing and also the weekly one was positive forming a positive week reversal.
10Y TREASURY
The 10Y TB confirmed on Friday a weak closing below the low of the previous session helping therefore to form a negative week reversal.
BUND ANALYSIS
The BUND confirmed on Friday a weak closing well below the low of the previous day when the BUND already formed a negative day reversal.
EUR/CHF ANALYSIS
EUR/CHF confirmed further consolidation interior the inside day with 1,2415 – 1,2270 still the levels to follow in the coming hours.
EUR/JPY ANALYSIS
The EUR/JPY confirmed on Friday a strong daily closing above the top of the previous session suggesting some more upside potential especially in case of a daily closing tonight above 106,40.
GBP/USD ANALYSIS
The CABLE confirmed on Friday a strong closing suggesting a retest of the 200 days line at 1,6139!!