Technical Analysis

$ still in demand. NOK/SEK a new test above 1.1230

EURUSD: The correction attempt faded faster than expected asalready the 1.3289/98 resistance became a too big obstacleto overcome.

Daily Market Technicals

Fresh 2014 and 11 month lows continue for the EUR/USD with bears initially focused on the $1.3079-1.3101 region.

A Matter of Time

There is a feeling of inevitability about it. Deterioration in the external accounts, that is. The precise timing is always difficult to

Asian Currencies Technicals

Bears take some comfort in the lack of topside follow through following fresh highs for the week and the proximity of the Bollinger band top.

Aussie Currencies Technicals

Following the aggressive bounce Thursday the AUD/USD managed a spike above the 21-DMA ($0.9318) to end the week but

Daily Technical Report

EUR/USD has broken the strong support at1.3296. The short-term technical structure isnegative as long as prices remain below thehourly resistance at 1.3336 (12/08/2014 low).

€/$ – support held. NOK/SEK – making way north

EURUSD: After initially dropping down to 1.3242 the sellers run out ofsteam and was soon, as warned of, replaced by shortcovering.

Daily Market Technicals

EUR/USD has bounced a little from ahead of recent 2014 lows but layers of resistance $1.3298-1.3445 still remain an issue for

Aussie Currencies Technicals

The sell-off Thursday saw the AUD/USD trade at 2 month lows before bouncing back towards layers of resistance for a relatively bullish close.

EUR/USD continues to decline as can be seenby the break of the strong support at 1.3296. Theshort-term technical structure is negative as longas prices remain below the hourly resistance at1.3336 (12/08/2014 low).

Dollar strength getting traction

EURUSD: The passage of 1.3295 (Nov 2013 low) paved the way forlower prices and the pair soon arrived at 1.3250,

Daily Market Technicals

EUR/USD remains heavy following closes below previous key support levels at $1.3333 and $1.3294.