EUR/GBP Weekly Outlook
Linkedin

EUR/GBP Weekly Outlook

New York City : NY : USA | Mar 03, 2012 at 6:33 AM PST
Source: International Business Times
XX XX
Views: Pending
 
Text Size EUR/GBP's sharp decline last week indicates that corrective rebound from 0.8211 has completed with three waves up to 0.8505 already. Initial bias will remain on the downside this week for 0.8277 support first. Break will suggest that whole decline from 0.9083 is resuming for 61.8% projection... FULL ARTICLE AT International Business Times
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
  • Credibility
  • Wait... Flag
 
 
Advertisement
 

News Stories

 
  • EUR/USD Weekly Outlook

      International Business Times
    Text Size After failing to break 1.3486 and extend recent rally, EUR/USD reversed and dropped sharply. Initial bias remains mildly on the downside this week for lower channel support (now at 1.3146). We'd like to point out that as long as EUR/USD...
  • GBP/USD Weekly Outlook

      International Business Times
    Text Size GBP/USD jumped to as high as 1.5991 last week but failed to sustain gain and retreated sharply towards the end...We'd continue to favor another rise with 1.5799 minor support intact and above 1.5991 will target 1.6165 key cluster resistance...
  • AUD/USD Weekly Outlook

      International Business Times
    Text Size Despite edging higher to 1.0852 last week, AUD/USD failed to sustain gains and settled back inside established range. Initial bias remains neutral this week and some more sideway trading could be seen. But near term outlook remains bullish...
  • EUR/JPY Weekly Outlook

      International Business Times
    Text Size After edging higher to 109.83 last week EUR/JPY formed a short term top there and turned into sideway consolidation. Initial bias remains neutral this week and some more consolidation could be seen. But downside is expected to be contained...
  • USD/CAD Weekly Outlook

      International Business Times
    Text Size USD/CAD's decline resumed last week and dipped to as low as 0.9841. The strong break of 0.9891 support confirmed resumption of whole decline from 1.0656...But recovery should be limited below 1.0049 resistance and bring fall resumption.
  • GBP/JPY Weekly Outlook

      International Business Times
    There is no clear sign of topping yet and thus, further rise is still expected this week for 61.8% retracement of 140.02 to 116.83 at 131.16. Though some strong resistance could be seen there to bring consolidations. Meanwhile, break of 126.68...

More From Allvoices



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.