Danske Research Team
Danske Bank A/S
Interested in more FX key technical levels? Take a look at Swissquote's daily technical outlook.
EUR/USD Daily
Strong rally last session keeping this currency pair on a firm undertone during intraday trading and pushing above 1.0939 resistance will trigger extension to 1.0981. Good support is now protecting at 1.0796 and below latter to reverse focus towards downside. [W.T]
USD/CHF Daily
Short-term trade remains consolidative and bulls need clearance above the 0.9990 resistance to gain footing towards next hurdle at 1.0034 and only break of the latter to signal more upside potential. Support seen at 0.9890 and slip of the latter to help bears regain footing towards strong support at 0.9786. [W.T]
USD/JPY Daily
Spurred by the neutral call of a Doji-session last session, intraday trade stays tight in consolidation and keeping the strong support at 120.35 safely at bay. Lift above 121.50 hurdle will spur recovery to 121.76 then 122.00. [W.T]
EUR/CHF Daily
Failure to clear the 1.0756 support last session triggered a strong reversal from the latter with prices now turning towards the 1.0859/77 congestion highs and clearance will shift focus higher towards 1.0940. [W.T]
GBP/USD Daily
View unchanged from this morning with lack of recovery strength keeping pressure on the downside and slippage below last week's low of 1.4865 support will trigger extension to initial daily support line at 1.4838 then 1.4813. Only lift above 1.4957 to expose room for corrective upmove. [W.T]
EUR/GBP Daily
Strong rally above .7307 resistance last session setting the bigger upmove from .6983 low back in motion and this should keep this cross on a firm undertone into European trading with bulls eyeing higher resistance at .7374 then .7493. [W.T]
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