Technical Analysis

Daily Market Technicals

The move lower continued with the pair dipping below the 100-DMA. Resistance in the $1.3731-53 region is key with bulls needing a close above to ease the bearish pressure that dominated following the

Signals for a stronger yen. AUD/USD close to target

EUR/USD: The break of 1.3698 brought us down to a new cycle low butthere wasn’t enough supply to push prices down to the1.3643 key support.

Markets Outlook – Blunt Force

If we had to single out the most important category of numbers in tomorrow’s QSBO it would be those to do with the labour market. Something looks to be going nuts on this front.

Weekly Forex & Interest Rate Outlook

NZD/USD Outlook: Neutral this week The NZD has struggled against a resurgent US dollar lately.

EUR/USD has breached the support at 1.3705,confirming an underlying downtrend since thepeak at 1.3967. Another key support stands at1.3643. Resistances can now be found at 1.3753(02/04/2014 low) and 1.3820.

Dollar continues to be in demand. SEK weaker.

EUR/USD: The break, however not yet sustained, of 1.3704 has furtherenhanced our bearish view calling for more selling to soontake place. Short term there will be some further consolidation in

Daily Market Technicals

The 21-DMA failures have resulted in a dip back towards the 100-DMA with bulls now needing a close above the $1.3753 level to ease bearish pressure, while a close above the 21-DMA remains needed to

Daily Technical Report

EUR/USD weakened yesterday, breaking theshort-term rising trendline. Furthermore, thedeclining trendline still favours a bearish bias.Key supports stand at 1.3705 and 1.3643.

Dollar and NOK/SEK liked higher

EUR/USD: The past three days has developed into a relatively bearishpattern with each day printing a marginally new high beforefalling back and closing below the 2008 top line.

Daily Market Technicals

The recovery from $1.3705 appears to have run out of steam ahead of the 21-DMA with a close above needed to give the bulls hope and retest the key $1.3879 resistance targeted.

Daily Technical Report

EUR/USD continues to bounce after the test ofthe support at 1.3708. However, the decliningtrendline still favours a bearish bias. An hourlyresistance can be found at 1.3847 (25/03/2014high). Another resistance lies at 1.3876.

USD/JPY is higher than previously thought, but resistance is still there

EUR/USD: The near-term move up from the recent 1.3704 looks farfrom impulsive, but could still test the 21day equilibriummeasure at 1.3835 before down.