Technical Analysis

The BUND confirmed a weak closing after having formed a negative outside day reversal;

The USD/CHF confirmed a further session of consolidation interior the inside day with 0,8970 – 0,8750 still the levels to follow in the coming hours.

EUR/CHF is remaining under some pressure still suggesting further downside risk.

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

The GBP/JPY formed a positive day reversal but only a daily closing tonight above 125,32 will confirm a s/t bottom suggesting a retest of the 127,50 area.

EUR/GBP confirmed a session of consolidation forming a new inside day with 0,8655 – 0,8550 the levels to follow in the coming hours.

The USD/YEN is just continuing to consolidate after the strong move up.

The EUR/USD is confirming further consolidation interior the inside day with 1,3885 – 1,3595 the levels to follow in the coming hours/ session.

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

The CRUDE OIL is still consolidating below the key resistance at 94,65;

GOLD confirmed a strong closing yesterday but found good resistance above the 1740 level.