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gennaio - Forex Trading Technicals: Dollar Continues To Weaken
Intraday EUR/USD: The euro nears $1.4909 minor resistance, the Nov. 27 peak.
Further up, the current $1.4968 all-time high also remains in focus. Minor support
comes in around $1.4820, Friday's high point, and at $1.4762, Friday's low.
Weekly chart EUR/USD trend: Bullish. Intraday EUR/GBP: The euro still
targets GBP0.7587 minor resistance, a break above which will have GBP0.7598 in
focus. Minor support can be seen at GBP0.7565, and at GBP0.7549. Weekly chart
EUR/GBP trend: Bullish. Intraday EUR/JPY: The euro nears Y160.50 minor
support as long as Y161.50 resistance caps. Further resistance is seen at Y161.75,
and further support at Y160.20. Below this, the Y160.00 region will be eyed.
Weekly chart EUR/JPY trend: Bearish. Intraday EUR/CHF: The euro is falling
back to its near five month low at CHF1.6249. Below this, CHF1.6206, the Aug.
21 low, may also be reached this week, provided CHF1.6345 resistance caps. First
minor resistance lurks around CHF1.6324, the Jan. 4 low. Weekly chart EUR/CHF
trend: Bearish. |