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
Sharp rebound from last session's low of 1.1087 is keeping this currency pair on a firm undertone during intraday trading and break of last week's high of 1.1246 will help bulls regain footing to the objective of broken triangle at 1.1270 then 1.1306. [W.T]
EUR/CHF Daily
Negative stance seen on daily tools is keeping the corrective pullback from 1.1200 high in play and slip of 1.1019 support will extend correction to 1.0982 then 1.0957. Only lift above 1.1096 resistance to jeopardise current setback. [W.T]
USD/CHF Daily
Intraday trade extending the downmove from 1.0257 high and eyeing the strong support at 0.9786 and with daily technical tools intruding into oversold territories, would expect the latter to put up a strong fight to current downmove and probably trigger a strong rebound from the latter. [W.T]
GBP/USD Daily
View little changed from earlier update with reversal from last week's high of 1.4668 helping to retain downside pressure and with negative stance seen on daily tools, further weakness eyes lower support at 1.4327 then 1.4229. [W.T]
USD/JPY Daily
Intraday trade extending sharp decline and within sight of the 23.6% mark of the major 75.31-125.86 up-leg at 113.93 and break will be an added boost on the downside. Recovery to attract fresh sellers. [W.T]
EUR/GBP Daily
Another strong rally last session with the break above .7756 strong resistance bodes well for bulls as it sets the bigger upmove from .6983 low back in motion and poised for extension to next resistance at .7800 ahead of .7830. Dips to attract buyers. [W.T]
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