Technical Analysis
AUD/USD Technical Analysis
In AUD/USD, Commerzbank notes that it has seen a rebound from its current August low at .9239 and is still heading towards the 55 day moving average at .9367.
EUR/USD Technical Analysis
Last week EUR/USD was sidelined between its 1.3336/33 current August lows and the upper pennant line at 1.3419, notes Commerzbank.
Daily Technical Report
EUR/USD continues to hold above its recentlow at 1.3333 but rallies have thus far beenunimpressive.
€/$ – triangle running late. NOK/SEK higher again
EURUSD: Eight out of the past nine trading days the market has beenpushing prices below 1.3360 but
Daily Market Technicals
The falling daily channel top comes in around $1.3453 today with bulls now looking for a close above to confirm breaks of the 21-DMA,
Asian Currencies Technicals
Losses following closes below both 100 & 55-DMAs continued Friday with the USD/SGD closing below the 21-DMA.
Aussie Currencies Technicals
AUD/USD continues to work its way towards the 21 & 100-DMAs in the $0.9341-42 region with initial support remaining at $0.9288.
GBP/USD Technical Analysis
GBP/USD has tested and is so far holding the 200 day moving average at 1.6664.
EUR/USD Technical Analysis
EUR/USD’s daily RSI has now turned higher and the market after repeatedly testing the 1.3333/38 supports has lost downside momentum.
Daily Technical Report
EUR/USD continues to hold at the lows butrallies have lost any bullish momentum. Theproximity of the key support at 1.3296,
€/$ one more low. €/SEK returning bids?
EURUSD: The bear triangle yesterday traced out the last sub wave, thee-wave, and should hence now stand ready to plunge lowerto a fresh low.
Daily Market Technicals
Recent topside failures ahead of the key $1.3445 resistance level keep bearish hopes alive. $1.3333 continues to