-
Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB
EUR/USD: Neutral: Immediate upwards pressure towards 1.0750. EUR hit a high of 1.0714 yesterday before pulling back sharply. Despite the pull-back, the undertone is still positive and another attempt higher towards 1.0750 still seems likely (after the current short-term consolidation phase is over). Only a move back below 1.0615 would indicate that the immediate upward pressure has eased. GBP/USD: Shift from bearish to neutral: In a 1.2100/1.2300 range. While we indicated yesterday that “GBP is trying to form a base”, the sharp bounce that easily took out the trailing stop-loss for our bearish view at 1.2230 came ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 14, 2017 12:37am Mar 14, 2017 12:37am
- Guest
- | IP XXX.XXX.152.254
- Comment #2
- Quote
- Mar 14, 2017 8:11am Mar 14, 2017 8:11am
- JWhyte
- | Joined Jul 2010 | Status: Member | 2 Comments
- Comment #3
- Quote
- Mar 14, 2017 9:12am Mar 14, 2017 9:12am
- Not-KPMG
- Joined Jun 2015 | Status: Member | 7592 Comments
Beware of robber banks (RB), bad advisors.