In order to reinstate itself as a bullish pair USD/JPY had to close above the up-trend and 100-day SMA.
Regardless of the bullish outlook implied by the technical studies, the Cable remains flat, trading some 100 pips north from 2009 high.
The Euro is currently undergoing a correction after a July decline.
NZD/USD extends the advancement initiated after the currency pair received a forceful impetus from the 200-day SMA.
USD/CAD has just hit one of the major upward-sloping trend-lines, and the bullish momentum is therefore expected to gain traction in the nearest future.
The pair keeps respecting the seven-month rising support line, meaning the bias with respect to the Aussie stays bullish.
EUR/JPY continues to put pressure on the 50% Fibo of the Nov-Dec rally.
USD/CHF effortlessly pierced through the resistance at 0.8937/18 last week, which initially was supposed to keep the bulls at bay.
USD/JPY continues to put pressure on the recently breached up-trend and 100-day SMA but for now to no avail.
Even though a majority of the technical studies are currently giving ‘buy' signals, the Cable remains unable to resume its recovery.
EUR/USD preserves robust downward momentum and the pair is about to hit the weekly and monthly S1 at 1.3563/47.
Pair remains depressed under 88 cent mark.
It seems that neither bulls nor bears have the strength to push the pair noticeably to either side.
As anticipated we are seeing some profit taking at the moment as the pair is being capped between 55-day SMA ad weekly S1/monthly PP.
The pair failed to maintain momentum and dipped below the weekly R1/monthly PP today.
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:30 GMT.
The yesterday's events have greatly influenced the balance of powers in USD/CHF.
USD/JPY has just encountered the 100-day SMA and up-trend resistance line at 102.13.
Taking into account the technical studies, the weekly R3 should not prevent further appreciation of the Sterling.
The U.S. Dollar continues to strengthen, and this tendency is unlikely to be stopped by any of the nearby supports—the weekly pivot point has already been broken.
The pair seemingly has lost momentum after reaching previous 2014, now May high, a week or so ago.
Weekly S1 at 1.0634 seems to have stalled the pair's decline for some time.
Pair continues to trail lower after receiving a strong bearish impetus a few days back.
It seemed like the pair was going to rebound from 139 JPY yen yesterday, but continued to inch up higher and at the moment is testing range cluster of resistance levels at 1.3924/42.