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
Spurred by the strong sell-off last session, intraday trade remains subdued with pressure slowly turning towards this week's low of 1.1359 and break will resume corrective pullback to 1.1296. Only swing above the 1.1447 hurdle to regain upside footing. [W.T]
USD/CHF
The move to 0.9664 low last session , enforced by the negative stance seen on daily tools exposing a high set at 0.9763 and further slippage below 0.9652 support will trigger deeper setback to 0.9590 with stronger support behind at 0.9444. [W.T]
USD/JPY
View unchanged from this morning with intraday trade stuck in tight consolidation, spurred by the strong rebound from yesterday's low of 108.23 . Lifting above the 109.40 high set prior session will resume corrective upmove to 110.00. [W.T]
EUR/CHF
Sharp decline below 1.1035 support last session confirmed a high set at 1.1109 and with negative stance seen on daily tools, further setback to eye 1.1016 then 1.0996 and does not rule out a deeper fall to 1.0955. Shorts favoured towards intraday trading. [W.T]
GBP/USD
Attempt to clear the 1.4543 strong resistance last session faltered and the appearance of a Doji-session is settling trade back into consolidation. Break below 1.4375 support needed to revive the downmove from 1.4770 high towards 1.4300 support. [W.T]
EUR/GBP
Despite the move below .7862 congestion low last session to .7846 low, lack of follow-through on the downside is settling trade back to the consolidation seen last one week with resistance seen at .7919 ahead of stronger level behind at .7947. [W.T]
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