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
Tight intraday trading but the sharp sell-off last session below 1.0904 support and negative crossing seen on daily Stochastic are turning pressure towards downside and should keep this currency pair on a subdued tone. Below 1.0899 low set last session to expose move to 1.0870/48. [W.T]
USD/CHF Daily
Strong rally last session with a higher closing triggered a positive cross-over on daily Stochastic and seen boosting this currency pair with immediate threat to 0.9946 hurdle and break will see stronger level at 0.9990 targeted. [W.T]
USD/JPY Daily
With the year 2015 coming to an end , trades are getting thinner with prices stuck in tight consolidation and with the preceding down move from 123.56 high still dominating, selling into upticks still favoured. Below 120.14/07 supports will signal bears back in control. [W.T]
EUR/CHF Daily
Upmove stretching and currently stalled by the 1.0859 congestion high and the appearance of a High-wave candle last session is slowly taking pressure off the upside and downside break of 1.0827 support will help tilt pressure lower to 1.0800 then 1.0773. [W.T]
GBP/USD Daily
Intraday trade remains consolidative but the strong decline seen last two sessions with break of 1.4806 strong support is helping bears regain control and eyes lower support at 1.4740 ahead of 1.4700. Strong resistance is now seen at 1.4970 and lift above latter will shift focus towards upside. [W.T]
EUR/GBP Daily
Bulls failed to take out the strong resistance at 0.7416 and the appearance of a Rickshaw-man last session is settling prices lower in consolidation and slippage below 0.7328 support will expose deeper setback to 0.7307 stronger support. [W.T]
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