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
With Christmas around the corner, trade into Fareast's market remains thin with prices stuck in tight consolidation and slippage below 1.0870 support will trigger renewed weakness to 1.0848 then stronger 1.0796. Merry X'mas to All. [W.T]
USD/CHF Daily
Both daily chart pattern and technical tools seen at neutral ground and with the X'mas season around the corner, intraday trade stuck in tight consolidation and await a breakout of the wider and stronger 0.9786-0.9990 band for stronger signals. Merry X'mas to All. [W.T]
USD/JPY Daily
Renewed weakness triggered during intraday trading with prices slipping below 120.73/58 supports and poised for extension to stronger level at 120.35 and bears seek clearance of the latter to garner stronger downside momentum. Merry X'mas to All. [W.T]
EUR/CHF Daily
A touch softer in consolidation with prices leaning towards 1.0773 support ahead of stronger levels behind at 1.0756/37. On the upside, lifting above the 1.0859 congestion high will help bulls regain footing. [W.T]
GBP/USD Daily
With most of Fareast on half day. trade remains thin and the appearance of an inside-range last session is stalling downmove and shifting trade into consolidation and lift above 1.4908 hurdle will expose room for higher recovery. On the downside, bears will have to push below 1.4806 support to regain footing. [W.T]
EUR/GBP Daily
Overbought daily tools hindered further upmove and triggered corrective pullback last session and need clearance of .7307 support to expose deeper setback to .7272 then .7240. Bulls will have to take out the strong resistance at .7416 to regain upmove. [W.T]
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Editors’ Picks
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Gold maintains its bearish note and challenges $2,300
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Eurozone inflation stable as the outlook on prices gets increasingly muddied
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