Tag Archives: USD/CHF

FX Daily Majors

Today’s highlights: – EURUSD: Failure ahead of the 1.3140/72 resistance zone occurs as expected, with a corrective phase commencing for back to 1.2972/49 support initially.

FX Daily Majors

Today’s highlights: – USDJPY: Gaining traction ahead of the 81.64 chart support level. Some overshoot still a possibility, however, we expect the market to eventually target 84.19.

FX Daily Majors

Today’s highlights: – GBPUSD: Upward trendline supports the market and results in a bullish trendline break through 1.6072. We remain cautious ahead of the 1.6176/82 resistance zone.

FX Daily Majors

Today’s highlights: – EURUSD: Probing key neckline resistance and the 78.6% retracement hurdle at 1.3050/63. We expect this area to cap the market, with risk back to 1.2880.

FX Daily Majors

Today’s highlights: – EURUSD: Removal of 1.3010 resistance implies a continuation higher towards 1.3140/72 resistance but we look for this to cap and for the range bound tone to continue.

FX Daily Majors

Today’s highlights: – EURUSD: Support found at 1.2880 results in a rebound back up towards the key long-term trendline resistance hurdle of 1.3010. Above here is needed to expose 1.3140/72.

FX Daily Majors

Today’s highlights: – EURUSD: Failure at long-term trendline resistance of 1.3010 suggests weakness back to 1.2868 and then the 200-day average at 1.2800.

FX Daily Majors

Today’s highlights: – EURUSD: Prod above 1.3007 long-term downward trendline resistance, however, a sustained advance through here is needed to expose 1.3140/72 range highs.

Global Technical Watch – Base joining precious

In addition to the strength in precious metals highlighted in our weekly Global Technical Trends, 26 November 2012, some of the base metals are also exhibiting bullish potential.

FX Daily Majors

Today’s highlights: – EURUSD: Acceleration higher brings market up towards the long term downward trendline spanning lower from 1.4944 – at 1.3074. Failure here see risk back to 1.2868 initially.

Daily FX Technical Strategy – EUR/USD short squeeze threatens trendline resistance

The market was short and caught EUR/USD last week, causing an impressive squeeze and turning attention this week to trendline resistance at 1.3045.

FX Daily Majors

Today’s highlights: – USDJPY: Initial failure at 83.09/82.99 resistance zone. Despite this we remain bullish and expect to see an eventual upside break and extension higher through 85.54 to 87.57.