Technical Analysis
EUR/CHF – Make or break at 1.2138!
Following the negative triangle breakout early June the market has now reached critical Fib.-support at 1.2138
EUR/GBP – A range breakout between 0.7959 & 0.8070 is needed for directions
Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit, chances of running into
GBP/USD daily– On the way towards 1.7332 and 1.7768
Having finally managed to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low)
EUR/USD – Up-grind towards 1.3877 to be continued
Following the defense of key-support at 1.3477 (2014 low) the market finally managed to clear key-resistance at 1.3675/76 (200 DMA/pivot) on
Daily Technical Report
EUR/USD has broken to the upside out of itshorizontal range defined by 1.3503 and 1.3677.The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
AUD/USD bull trap? EUR/HUF major break higher!
EURUSD: So far at least a minor attempt to form a peak noted. Thesmall rejection from above the 1.3686 equality point and
Daily Market Technicals
EUR/USD remained capped at the 55-DMA on Tuesday with it having dipped back to retest initial support at the 200-DMA as a result.
Asian Currencies Technicals
After remaining capped ahead of the 21-DMA last week USD/SGD took out and closed below previous initial support on
Aussie Currencies Technicals
Monday’s bounce has been followed up with fresh 2014 and fresh 9 month highs with immediate focus having shifted to the $0.9536-49 region.
USD/SEK – Above 6.6509 to 6.6264, a straight extension higher can be expected
The general idea that that market is getting ready for a broad C-wave up to at least 7.6200 (C = A) on
EUR/GBP – A range breakout between 0.7959 & 0.8074 is needed for directions
Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit,
GBP/USD – An extension to 1.7332 or to 1.7768 is indicated
Having finally managed to break decisively above key-pivotal resistance 1.7044/49 (2009 high/2005 low)