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
Edged off the 1.0859 low but the downside still vulnerable towards nearby support at 1.0840 then the 1.0800 level. Break of the latter will shift focus to the 1.0778 and 1.0711 lows. Resistance well defined at 1.0957 and the 1.1000 level. Regaining the latter needed to ease downside pressure and see stronger bounce to 1.1047/68 resistance.
EUR/CHF Daily
Sharp drop yesterday see the pair down to fresh low at 1.0810. Subsequent sounce see resistance now at the 1.0885 and 1.0900 level. While the latter caps, the downside seen vulnerable. Break of the 1.0810 low will see return to the 1.0778 and 1.0756, Dec lows. [PL]
USD/CHF Daily
Failed to sustain break above parity level and rejection from 1.0038 high see a long upper wick weighing. Setback see support now at .9949 and .9905 ahead of the .9871/53 lows. Above the latter keep overall focus on the upside and higher low sought to further pressure the parity level then 1.0038 high. [PL]
GBP/USD Daily
Intraday trade sustaining the bounce from last session's low of 1.3836 and with the downmove from 1.4668 high still dominating, strategy still favour selling towards the 1.4043/80 resistances. Below 1.3836 support will trigger extension to 1.3800 then 1.3700. [W.T]
USD/JPY Daily
Further setback checked at 112.16 low and keep the 112.00 level out of reach for now. However, the downside still vulnerable and break will see return to the 111.65 support then the 111.00 level. Upside see resistance now at 113.25 then the 114.00 level. [PL]
EUR/GBP Daily
Break of the .7845 support has seen follow-through to break the .7800 level though no follow-through as yet. Below the .7791 low will trigger deeper setback to retrace strong up-leg from .6983 low towards nearby support at .7776 then .7708/00 area. Resistance now at the .7845/80 area. [PL]
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