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European Forex: -- Technical Analysis

Dow Jones Newswires ·  Aug 13, 2021 14:06
      By TRADING Central     The Dow Jones Newswires technical analysis partner    London (Dow Jones)--Rolling 24-hour chart levels:    Forex spot:    Forex spot:         EUR/USD        USD/JPY        GBP/USD        USD/CHF    Spot 0722 GMT+2     1.1738         110.41         1.3814         0.9232  1 Week Trend        Range          Bullish        Bearish        Bullish  1 Month Trend       Bullish        Bullish        Bullish        Bearish  200 day ma          1.1965         109.70         1.3927         0.9137  3rd Resistance      1.1775         110.80         1.3865         0.9270  2nd Resistance      1.1760         110.65         1.3845         0.9255  1st Resistance      1.1750         110.55         1.3830         0.9240  Pivot*              1.1737         110.41         1.3812         0.9232  1st Support         1.1725         110.30         1.3795         0.9215  2nd Support         1.1715         110.20         1.3780         0.9200  3rd Support         1.1705         110.05         1.3765         0.9185   

Intraday EUR/USD: the RSI shows upside momentum. Suggest long positions above 1.1725 with targets at 1.1750 & 1.1760 in extension. below 1.1725 look for further downside with 1.1715 & 1.1705 as targets.

1 month trend: Bullish

Intraday USD/JPY: technically the RSI is below its neutrality area at 50. Suggest short positions below 110.55 with targets at 110.30 & 110.20 in extension. above 110.55 look for further upside with 110.65 & 110.80 as targets.

1 month trend: Bullish

Intraday GBP/USD: as long as the resistance at 1.3830 is not surpassed, the risk of the break below 1.3795 remains high. Suggest short positions below 1.3830 with targets at 1.3795 & 1.3780 in extension. above 1.3830 look for further upside with 1.3845 & 1.3865 as targets.

1 month trend: Bullish

Intraday USD/CHF: the RSI is mixed to bearish. Suggest short positions below 0.9240 with targets at 0.9215 & 0.9200 in extension. above 0.9240 look for further upside with 0.9255 & 0.9270 as targets.

1 month trend: Bearish

 Forex spot:         EUR/GBP        EUR/JPY        EUR/CHF        AUD/USD    Spot 0722 GMT+2     0.8498         129.60         1.0837         0.7339  1 Week Trend        Bearish        Bullish        Bullish        Bearish  1 Month Trend       Bearish        Bearish        Bearish        Range  200 day ma          0.8592         131.26         1.0931         0.7602  3rd Resistance      0.8540         130.29         1.0877         0.7390  2nd Resistance      0.8530         130.12         1.0867         0.7370  1st Resistance      0.8520         129.95         1.0857         0.7355  Pivot*              0.8497         129.57         1.0836         0.7340  1st Support         0.8483         129.34         1.0820         0.7320  2nd Support         0.8466         129.05         1.0804         0.7310  3rd Support         0.8456         128.88         1.0794         0.7300   

Intraday EUR/GBP: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.8497 and 0.8483). Suggest as long as 0.8483 is support look for 0.8530. the downside breakout of 0.8483 would call for 0.8466 and 0.8456.

1 month trend: Bearish

Intraday EUR/JPY: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 129.57 and 129.59). Suggest the upside prevails as long as 129.34 is support. the downside breakout of 129.34 would call for 129.05 and 128.88.

1 month trend: Bearish

Intraday EUR/CHF: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.0830 and 1.0824). Suggest the upside prevails as long as 1.0820 is support. the downside breakout of 1.0820 would call for 1.0804 and 1.0794.

1 month trend: Bearish

Intraday AUD/USD: the RSI is mixed to bearish. Suggest short positions below 0.7355 with targets at 0.7320 & 0.7310 in extension. above 0.7355 look for further upside with 0.7370 & 0.7390 as targets.

1 month trend: Range

* The pivot is the sum of the high, low and close divided by three.

    

For more technical analysis see: Dow Jones Newswires, N/DJTA; Bloomberg, NI DJTA; and Reuters key word search "INSI - DJN"

  

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