Technical Analysis

The BUND confirmed a positive day reversal on Friday while remaining however interior the negative outside day with 138,46 – 136,34 still the levels to follow in the coming hours.

The CABLE confirmed on Friday further consolidation interior the inside day with 1,6110 – 1,5880 still the levels to follow in the coming hours.

EUR/GBP confirmed on Friday a further session of consolidation interior the inside day with 0,8655 – 0,8550 still the levels to follow in the coming hours.

The EUR/USD formed a negative day reversal on Friday while confirming further consolidation interior the inside day with 1,3885 – 1,3595 still the levels to follow in the coming hours/ session.

The GBP/JPY managed on Friday to confirm the positive day reversal it formed on Thursday suggesting further upside potential especially in case of a daily closing tonight above 125,57!!

The EUR/JPY is still confirming further consolidation interior the inside day with 109,35 – 106,35 still the levels to follow in the coming hours.

The USD/CHF confirmed on Friday a further session of consolidation interior the inside day with 0,8975 – 0,8750 still the levels to follow in the coming hours.

The USD/YEN confirmed on Friday a positive closing, above the top of the previous session but overall still interior the big outside day formed by the intervention.

EUR/CHF confirmed on Friday a strong closing well above the top of the previous sessions and also today it started the session with strong foot managing even a gap up, now support area at 1,2264 – 1,2247, area that could be tested before moving higher, eventually.

The EUROSTOXX 50 went directly higher confirming a strong daily closing forming a positive outside day reversal with now 2377 – 2210 the levels to follow in the coming hours.