Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB | Forex Factory

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

    From efxnews.com

    EUR/USD: Bearish: Immediate target at 1.0905/10. We turned bearish EUR yesterday and there is no change to our view. The immediate target is for a move to the 1.0905/10 low seen on the day of Brexit. Stop-loss remains unchanged at 1.1040. GBP/USD: Neutral: In a 1.2960/1.3320 range. We shifted to a neutral stance about 2 weeks ago and since then GBP has been trading choppily within a broad range. However, downward momentum has improved somewhat but only a clear break below the major 1.2960 support would indicate the start of a sustained down-move. At this stage, the prospect for such a move appears to be quite low. ... (full story)

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TudorIoan
Jul 28, 2016 3:26am
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Quoting Not-KPMG
Thank you. Great help. Keep it up
I'll take the opposite position. 1.1040 first target. 1.1080 1130 next.
LOL, come on, Not!
Don't be so cruel with those guys LOL
On July26th technically view on E/U was pretty bearish.
They're doing here an honest job LOL
Reply
Not-KPMG
Jul 28, 2016 7:10am
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Quoting TudorIoan
LOL, come on, Not!
Don't be so cruel with those guys LOL
On July26th technically view on E/U was pretty bearish.
They're doing here an honest job LOL
Hi Tudor

While the above bearish article may be honest, i have long ago noticed bad forecasts from some folks. AUD, E.
Personally i turned bull few weeks ago, fundamentals....
I have seen such cr.p from others, that i laugh even at name mention
I criticise them because thousand NEW traders can be fooled
.....
Then again, they never specify long or medium term... Or intraweek etc.
That said, i keep an eye on all good institutional forecasters I have found over the years....... It's easy. They are only two
Reply
Not-KPMG
Jul 26, 2016 3:31am
Permalink
Thank you. Great help. Keep it up
I'll take the opposite position. 1.1040 first target. 1.1080 1130 next.
Reply
Not-KPMG
Jul 28, 2016 2:44am
Permalink
Quoting Not-KPMG
Thank you. Great help. Keep it up
I'll take the opposite position. 1.1040 first target. 1.1080 1130 next.
Whatever happened to your bearish view
Reply
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