Beware of robber banks (RB), bad advisors.
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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB
EUR/USD: Bearish: Immediate target at 1.0905/10. We turned bearish EUR yesterday and there is no change to our view. The immediate target is for a move to the 1.0905/10 low seen on the day of Brexit. Stop-loss remains unchanged at 1.1040. GBP/USD: Neutral: In a 1.2960/1.3320 range. We shifted to a neutral stance about 2 weeks ago and since then GBP has been trading choppily within a broad range. However, downward momentum has improved somewhat but only a clear break below the major 1.2960 support would indicate the start of a sustained down-move. At this stage, the prospect for such a move appears to be quite low. ... (full story)
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- Jul 26, 2016 4:31am Jul 26, 2016 4:31am
- Not-KPMG
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- Jul 28, 2016 3:44am Jul 28, 2016 3:44am
- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- TudorIoan
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.