Credit Suisse 1/5: Today’s #Forex highlights
#EURGBP not only maintains a base above .8643/65 but the close above .8574 on Friday has also seen a bullish “reversal week” established to reinforce the likelihood for a deeper recovery to .8732 initially, then .8851/61.
#EURGBP not only maintains a base above .8643/65 but the close above .8574 on Friday has also seen a bullish “reversal week” established to reinforce the likelihood for a deeper recovery to .8732 initially, then .8851/61.
Credit Suisse 2/5: #GBPUSD maintains a bearish “reversal day” to keep the risk lower in its range with supp seen at 1.3641, then 1.3514.
#EURCHF continues to weigh heavily on the bottom of its recent range at 1.1004/1.0994, below which would confirm a top & a correction lower.
#EURCHF continues to weigh heavily on the bottom of its recent range at 1.1004/1.0994, below which would confirm a top & a correction lower.
Credit Suisse 3/5: #EURUSD continues to struggle to clear its 200-day average at 1.1896 and the current strength stays seen as a temporary and corrective move higher.
Credit Suisse 4/5: #USDJPY continues to hold our target of 23.6% retracement of Q1 rally at 108.99 & our bias remains to try &look for a floor here.
#AUDUSD’s “neckline” to its large “head and shoulders” top continues to cap & we look for further downside to unfold in due course
#AUDUSD’s “neckline” to its large “head and shoulders” top continues to cap & we look for further downside to unfold in due course
Credit Suisse 5/5: #NZDUSD also remains capped by the .7065/7103 resistance area and we look for further downside post the current near-term pause.
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