Technical Analysis
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
EUR/SEK is testing support. CAD & CNH are vulnerable.
EUR/USD: Outside 1.3879\1.3948 and after that also beyond1.3834\1.3967 is needed to lead the way out of here. Buthere and now there are no directional leads (but the dailypost-Draghi daily candle pointing lower,
Daily Market Technicals
Bullish focus remains on the $1.3948-67 region with a break higher seeing focus shift to a retest of the $1.4199-1.4247 region from Oct 2011.
Asian Currencies Technicals
AUD/USD bounced from just ahead of the $0.9050 hourly support level on Tuesday with the move to fresh 2014 and 3 month highs seeing the pair on track to retest the 200-DMA.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high), and hasshifted into a consolidation pattern.
EUR/JPY should guide the EUR/USD lower. GBP looks weak too.
EUR/USD: The move up from a recent 1.3846 low seems correctionalcompared to the Draghi induced paced move lower from1.3967 late last week.
Daily Market Technicals
Bulls target a break to fresh 2014 highs that then sees focus shift to the $1.4199-1.4247 region as bullish pressure continues to build. Bears now need to
Asian Currencies Technicals
The dip below the 21-DMA ($0.9005) was brief for with the move higher pausing ahead of layers of resistance noted in the $0.9104-0.9203 region including the 200-DMA.
Daily Technical Report
EUR/USD has thus far failed to make anyfollow-through after the move above the strongresistance at 1.3893 (27/12/2013 high).
Waiting for €/$ sellers. Weaker scandies
EUR/USD: As we failed to break below 1.3846 an upside reaction wereinitiated forcing the pair to give up 78.6% of the precedingdecline.
Daily Market Technicals
The bounce from ahead of the $1.3824 support on Friday further confirms the significance of the $1.3824-46 region in regards to a continuatio higher that currently has the
Asian Currencies Technicals
The AUD/USD marginally dipped below the 21-DMA ($0.9004) again on Friday before bouncing to retest the 100-DMA. The move below Friday’s low to