23 January Report
CURRENCIES
Euro (1.3550) is making an accept Flag and may fall towards 1.34-1.33 on a shatter underneath 1.3500-30. Upside examines limited to 1.3600 for the instant as the tendency continues firmly down.
Dollar-Yen (104.58) has rebound back from our support zone of 103.65-104 to reassert the longer period uptrend. The rally may goal 107 now overhead the major opposition of 105.40-60.
The Euro-Yen traverse (141.69) has come to 142 in line with our expectation but in a very laborious kind. The structure continues weak and farther upside examines restricted to 143-143.30. A shatter below 140 may pull it to 138.50-140.
The pound (1.6569) is hitting the top end of the band at 1.66. A firm move above 1.6600-50 would pointer the long period uptrend reasserting itself and goals of 1.6750 & 1.69 would open.
The Aussie (0.8804) has been turned down from our resistance of 0.89. Now only a move after the range of 0.87 and 0.89 would work out the next broader movement.
CURRENCIES
Euro (1.3550) is making an accept Flag and may fall towards 1.34-1.33 on a shatter underneath 1.3500-30. Upside examines limited to 1.3600 for the instant as the tendency continues firmly down.
Dollar-Yen (104.58) has rebound back from our support zone of 103.65-104 to reassert the longer period uptrend. The rally may goal 107 now overhead the major opposition of 105.40-60.
The Euro-Yen traverse (141.69) has come to 142 in line with our expectation but in a very laborious kind. The structure continues weak and farther upside examines restricted to 143-143.30. A shatter below 140 may pull it to 138.50-140.
The pound (1.6569) is hitting the top end of the band at 1.66. A firm move above 1.6600-50 would pointer the long period uptrend reasserting itself and goals of 1.6750 & 1.69 would open.
The Aussie (0.8804) has been turned down from our resistance of 0.89. Now only a move after the range of 0.87 and 0.89 would work out the next broader movement.