Блог fxsurprise8

Avatar

EUR/GBP to Remain Above 0.7750

It's been a tough September for the Euro. The single currency lost over 120 pips against a resurgent Pound. Here's a daily chart that showcases the losses in the EUR.
Let's take a look at the longterm charts. Below you can see a monthly chart. The 2012 low for the EUR/GBP was at 0.7756. I expect this figure to act as support to the currency pair so I'm betting on prices staying above this level during October.
Читать
Перевести на Английский Показать оригинал
VictoriaVika avatar
VictoriaVika 5 Окт.

Well done!

иличтобы оставить комментарий
Avatar

Pound to Stay Wedged Between 1.6950 and 1.7000

Sterling has had a rough few weeks. After an impressive rally that saw it gain over 2,000 pips since July of last year, the currency pair faltered and is currently trading 200 pips from the high.
I expect the Pound to stay range bound between 1.6950 and 1.7000 in August. This doesn't mean that we wont get breakouts or breakdowns but I think eventually Sterling will settle within these bounds by August 31st. The 1.7000 area is an important psychological resistance that will put a stop to any pric…
Читать
Перевести на Английский Показать оригинал
иличтобы оставить комментарий
Avatar

Pound to Break 5 Year High

The Pound made a new 5 year high on Thursday but as the trading week was trading to a close, Sterling was pushed back below the 1.7050 figure. The sharp selloff on Friday may lead to a short term move lower in the currency pair. Here is the price action in gbp/usd during the past few days.
I think the move higher will continue, even if we get a temporary retracement going forward. I expect the 2009 high at 1.7050 to give way in the coming month. Above 1.7050, the next important resistance stands…
Читать
Перевести на Английский Показать оригинал
иличтобы оставить комментарий