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  • Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

    From efxnews.com

    EUR/USD: Neutral: Bearish only if clearly below 1.0455/60. The high of 1.0669 yesterday came close to the major resistance indicated at 1.0670 in recent updates. However, the subsequent sharp and rapid drop from the high came as a surprise. From her, the immediate bias is clearly tilted to the downside but at this stage, we are not convinced that the overnight decline can be sustained. The 2015 low of 1.0455/60 is a major support and this level has to be clearly taken out before a sustained down-move can be expected. That said, EUR would likely stay under pressure in the next several days unless it can move and stay ... (full story)

EURUSD may go low, lets see how big stops are below 1.0450-60.
Quoting JakubSzalaFX
EURUSD may go low, lets see how big stops are below 1.0450-60.
hey men I am long , but i agree if goes below 1.045 may go very low
Quoting JakubSzalaFX
EURUSD may go low, lets see how big stops are below 1.0450-60.
Huge...Monster not Big lol)) 1.0500 support after 3 times was token maybe 1.0460 need more to be token ,,,,,lets see,,!!
Next year market will never believe 3 times hike rate 2016 always in mind .....She said yesterday that Fed was not late to hike rate 1 time lol ))) make laugh...... she forgot Fed talk about 4 times current year????....Alzheimer)))
Risky to buy EUR/USD @ spot price now with SL 1.0440 ? sure not .........!Nicer to buy GBP/USD SL 1.2475 & 2 PM pound will fly high ( policy unchanged ).
Heading for parity sooner
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  • Posted: Dec 15, 2016 1:06am
  • Submitted by:
     eFx Newz
    Category: Technical Analysis
    Comments: 6  /  Views: 3,708