-
What To Do With EUR/USD Bounce & USD/JPY Dip? - RBS
EUR/USD has bounced above the key target of 1.063 (being the 138.2% projection from the 2009-2010 impulse wave), as weekly candlestick chart saw a bullish outside session at the end of March and weekly MACD started to turn bullish, notes RBS. "The downside looks limited form here, and that the recovery will most likely begin after the price end its consolidation into 1.05/1.06 area," RBS argues. "This implies that the next big move is more likely top be to the upside towards 1.11 onto 1.13. Therefore, favour covering shorts and being neutral for now, awaiting confirming signals of trend reversal," RBS advises. Moving ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Apr 14, 2015 9:40pm Apr 14, 2015 9:40pm
- sylvin
- | Commercial Member | Joined Sep 2014 | 191 Comments
- Comment #2
- Quote
- Apr 14, 2015 10:02pm Apr 14, 2015 10:02pm
- RockRobb
- | Joined Feb 2012 | Status: IN CHART WE TRUST | 45 Comments
i worshipped... Momentum
- Comment #3
- Quote
- Apr 14, 2015 10:15pm Apr 14, 2015 10:15pm
- TheDirtySerb
- | Joined Feb 2008 | Status: Member | 3 Comments
- Comment #4
- Quote
- Apr 15, 2015 12:48am Apr 15, 2015 12:48am
- ZebraSquirl
- Joined May 2014 | Status: My Ideas Are Just That -- Ideas | 299 Comments
Fireworks are fun ... as long as you don't blow your fingers off.
- Comment #5
- Quote
- Apr 15, 2015 12:58am Apr 15, 2015 12:58am
- hjkl185
- | Joined Sep 2010 | Status: Member | 79 Comments
- Comment #6
- Quote
- Apr 15, 2015 1:02am Apr 15, 2015 1:02am
- ZebraSquirl
- Joined May 2014 | Status: My Ideas Are Just That -- Ideas | 299 Comments
Fireworks are fun ... as long as you don't blow your fingers off.
- Comment #7
- Quote
- Apr 15, 2015 1:09am Apr 15, 2015 1:09am
- ZebraSquirl
- Joined May 2014 | Status: My Ideas Are Just That -- Ideas | 299 Comments
Fireworks are fun ... as long as you don't blow your fingers off.