Interested in more FX key technical levels? Take a look at Swissquote's daily technical outlook.

EUR/USD

Edged back from the 1.1242 high but upside stays in focus following rebound from the 1.1058 support yesterday. Break of the 1.1218 high see bulls back in focus and further strength will see trendline from the Aug high coming into play at 1.1310. Beyond this is the 1.1376 high. Support now at 1.1190 and 1.1125. [PL]

EURUSD


EUR/CHF

Firmer in range from the 1.0940/35 support though the lack of momentum keep range extension in play. Upside seen limited with resistance at 1.0992 then the 1.1023 high. Would take break of 1.0935 to expose the 1.0893 low of last week to retest and see scope for deeper pullback. [PL]

EURCHF


USD/CHF

Rejection from the .9914 high yesterday see resumption of the drop from the 1.0093 high of last week to reach .9750 low. Risk seen for further weakness to the .9700 level then .9661 low. The 200-day MA at .9799 now first resistance ahead of the .9914 high. [PL]

USDCHF


GBP/USD

Sharp rebound towards closing last session in the appearance of a Piercing-pattern is shifting trade into consolidation and now confined within the wider and stronger 1.4053-1.4437 band and breakout will provide clearer signals. [W.T]

GBPUSD


USD/JPY

Follow-through from the 113.82 high to break the 112.23/16 range lows has seen the 112.00 level breached. Sustained break here will see return to the 111.00 level and see risk for bear extension to target the 110.00 level. Upside seen limited with resistance now at 113.00 level then 113.82 high. [PL]

USDJPY


EUR/GBP

Break above the .7848 high of last week return focus to the Feb highs at .7898 and .7929. Clearance here will see further recovery to the .8000 level then the .8050 level, objective of a 10-mth bottom pattern seen Mar through Dec 2015. Downside see support now at .7790 and .7736. [PL]

EURGBP

This publication has been prepared by Danske Bank for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents are not untrue or misleading, no representation is made as to its accuracy or completeness and no liability is accepted for any loss arising from reliance on it. Danske Bank, its affiliates or staff, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives), of any issuer mentioned herein. Danske Bank's research analysts are not permitted to invest in securities under coverage in their research sector.
This publication is not intended for private customers in the UK or any person in the US. Danske Bank A/S is regulated by the FSA for the conduct of designated investment business in the UK and is a member of the London Stock Exchange.
Copyright () Danske Bank A/S. All rights reserved. This publication is protected by copyright and may not be reproduced in whole or in part without permission.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD steady below 1.0800 after US PCE meets expectations

EUR/USD steady below 1.0800 after US PCE meets expectations

EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair barely reacted to US PCE inflation data, with the Greenback shedding some pips.  Fed Chair Jerome Powell set to speak ahead of the weekly close.

EUR/USD News

GBP/USD hovers around 1.2620 in dull trading

GBP/USD hovers around 1.2620 in dull trading

GBP/USD trades sideways above 1.2600 amid a widespread holiday restraining action across financial markets. Investors took a long weekend ahead of critical United States employment data next week. Fed Chair Powell coming up next.

GBP/USD News

Gold price sits at all-time highs above $2,230

Gold price sits at all-time highs above $2,230

Gold price holds near a fresh all-time high at $2,236 in thinned trading amid the Easter Holiday. Most major world markets remain closed, although the United States published core PCE inflation, the Federal Reserve’s favorite inflation gauge.

Gold News

Jito price could hit $6 as JTO coils up inside this bullish pattern

Jito price could hit $6 as JTO coils up inside this bullish pattern

Jito (JTO) price has been on an uptrend since forming a local bottom in early January. Since then, JTO has revisited the key swing point formed in early December, suggesting the bulls’ intention to move higher.

Read more

Key events in developed markets next week

Key events in developed markets next week

Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.

Read more

Majors

Cryptocurrencies

Signatures