Technical Analysis

SEK weakness likely to pause. US equities hard hit

EUR/USD: The break of 1.3877 triggered the stop of our TA sellrecommendation posting a 0.12% loss. The only remainingline of defense, before making a new high, is the 78.6% Fiboresistance at 1.3905.

Daily Market Technicals

After breaking back above the key $1.3879 resistance this level has now emerged as initial support on the hourly time frame, but bears will be looking for a close below the $1.3835 Apr 10 low to

Daily Technical Report

EUR/USD has further improved, breaking outof its short-term declining channel and pushingabove near term resistance. Monitor theresistance at 1.3820 (see also 50% retracement).

Eroding dollar support. More SEK weakness

EUR/USD: The break of 1.3821 sent the pair higher to 1.3871, just awhisker away from our 1.3877 stop (to the bearish Mar 14call).

Daily Market Technicals

EUR/USD broke and closed well above the 21-DMA on Wednesday but the continuation higher has so far stalled ahead of the key $1.3879 level that acted as support in mid Mar.

EUR/USD has improved, breaking out of itsshort-term declining channel. Monitor theresistance at 1.3820 (see also 50% retracement).Hourly supports now lie at 1.3734 (intraday low)and 1.3673. Another resistance can be found at1.3876.

JPY buying taking a pause (but there’s more to come)

EUR/USD: Monday’s rally continued also yesterday with the marketrising back above the 2008 trend line threatening the 1.3821resistance.

Daily Market Technicals

As daily tech studies correct from O/S levels the EUR/USD continues to work its way higher with the 21-DMA currently capping. The move higher has eased bearish pressure but bulls now need

Daily Technical Report

EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.

USD/JPY testing important support near 102.70

EUR/USD: The par was refused more than a blip below the Fiboadjusted short-term “Ichimoku cloud” Fri and there wassome bullish follow-through yesterday too. This pointtowards 11.3775 before down.

Daily Market Technicals

Following on from Friday’s dip below the 100-DMA the pair bounced back towards the $1.3753 resistance level to start the new week. Bulls need a close above $1.3753 to

Daily Technical Report

EUR/USD is approaching the key support at1.3643 (see also the closest rising trendline),which could spur some short-term buyinginterest. Hourly resistances can now be found at1.3753 (02/04/2014 low) and 1.3820 (02/04/2014high).