-
EUR/USD: Wave-3 Down; EUR/JPY: Pullback Before A Wave-D Rally - Nomura
The outlook for completed waves-(1) & (2) on EUR/USD 240-minute chart is still intact, notes Nomura. "If that is the case, wave-(3) down is underway. A clear break of 1.3589 signals weakness as does a move below 1.3557. Resistance is 1.3669/77," Nomura argues. On the daily chart, Nomura thinks that for EUR/USD bullish reversal to firmly materialize, it has yet to see bullish confirmation via a rally through 1.3675. "For now we can view the rally to key resistance as a consolidation that allowed deeply oversold momentum to unwind," Nomura adds. Moving to EUR/JPY, on the 240-minute chart, Nomura thinks that the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 9, 2014 5:54pm Jun 9, 2014 5:54pm
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #2
- Quote
- Jun 9, 2014 8:39pm Jun 9, 2014 8:39pm
- dftrades
- | Joined May 2011 | Status: Member | 80 Comments
- Comment #3
- Quote
- Jun 10, 2014 2:36am Jun 10, 2014 2:36am
- Guest
- | IP XX.XXX.70.9
- Comment #4
- Quote
- Jun 10, 2014 2:48am Jun 10, 2014 2:48am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #5
- Quote
- Jun 10, 2014 3:14am Jun 10, 2014 3:14am
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #6
- Quote
- Jun 10, 2014 3:18am Jun 10, 2014 3:18am
- Guest
- | IP XX.XXX.70.9
- Comment #7
- Quote
- Jun 10, 2014 4:11am Jun 10, 2014 4:11am
- Guest
- | IP XX.XXX.70.9
- Comment #8
- Quote
- Jun 10, 2014 5:13am Jun 10, 2014 5:13am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
- Comment #9
- Quote
- Jun 10, 2014 8:16am Jun 10, 2014 8:16am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #10
- Quote
- Jun 10, 2014 8:22am Jun 10, 2014 8:22am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #11
- Quote
- Jun 10, 2014 8:35am Jun 10, 2014 8:35am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #12
- Quote
- Jun 10, 2014 1:39pm Jun 10, 2014 1:39pm
- FxDogHouse
- | Commercial Member | Joined Oct 2013 | 1 Comment
- Comment #13
- Quote
- Jun 10, 2014 1:46pm Jun 10, 2014 1:46pm
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #14
- Quote
- Jun 10, 2014 4:21pm Jun 10, 2014 4:21pm
- afzalz
- | Joined Sep 2013 | Status: Member | 2 Comments
- Comment #15
- Quote
- Jun 11, 2014 12:13am Jun 11, 2014 12:13am
- realjumper
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 536 Comments
Doing what you like is Freedom. Liking what you do is Happiness.
- Comment #16
- Quote
- Jun 11, 2014 4:54am Jun 11, 2014 4:54am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #17
- Quote
- Jun 11, 2014 5:04am Jun 11, 2014 5:04am
- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
- Comment #18
- Quote
- Jun 11, 2014 7:28am Jun 11, 2014 7:28am
- Guest
- | IP XX.XXX.4.154