-
EUR To Gain Further Vs USD, GBP; AUD/USD Holds 50d MA - BofA Merrill
EUR continues to push higher against both the USD and GBP, notes Bank of America Merrill Lynch. "While the immediate picture for EUR is not exactly clear, we could pull back to 2wk trendline support at 1.0763 before resuming upwards to 1.1098/1.1188 before forming a larger top and resuming the long term downtrend," BofA projects. "Watch the micro-term range between 1.1027/1.0898 for direction," BofA advises. In contrast, BofA notes that EUR/GBP continues its stair step higher towards 0.7405/0.7429. "Into here we look for signs of topping, but it would take an impulsive break of 0.7304/0.7295 before we could say that ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 25, 2015 8:52pm Mar 25, 2015 8:52pm
- Heuristics
- | Joined Mar 2015 | Status: Member | 42 Comments
- Comment #2
- Quote
- Mar 25, 2015 10:05pm Mar 25, 2015 10:05pm
- Roachling
- | Joined Jun 2014 | Status: Member | 21 Comments
- Comment #3
- Quote
- Mar 26, 2015 2:46am Mar 26, 2015 2:46am
- jlee425
- | Joined Sep 2014 | Status: Member | 23 Comments
- Comment #4
- Quote
- Mar 26, 2015 2:52am Mar 26, 2015 2:52am
- jlee425
- | Joined Sep 2014 | Status: Member | 23 Comments
- Comment #5
- Quote
- Mar 26, 2015 2:55am Mar 26, 2015 2:55am
- kaizeneziak
- | Joined Oct 2013 | Status: Member | 9 Comments
- Comment #6
- Quote
- Mar 26, 2015 4:02am Mar 26, 2015 4:02am
- Heuristics
- | Joined Mar 2015 | Status: Member | 42 Comments
- Comment #7
- Quote
- Mar 26, 2015 5:28am Mar 26, 2015 5:28am
- Yeow Boon
- | Joined Mar 2012 | Status: Member | 239 Comments