OctaFX | OctaFX Forex Broker
Open trading account
Back

Marc Chandler: Sell EUR/USD to 1.20 or another lower intermediate term - FXStreet

FXStreet (Łódź) - In an interview with Dale Pinkert at FXStreet’s Live Analysis Room, Author, associate professor and independent trader Marc Chandler presents his view of the EUR/USD and USD/JPY moves.

Key quotes

"Although euro is oversold and it could bounce, he would sell it in a 200-pip rally looking for the 1.2000 or another lower intermediate term."

"Chandler sees USD/JPY heading towards 115.00 in early 2015."

EUR/GBP dared to test 0.78 support

EUR/GBP opened the day at 0.7809, touched 0.7816 high in session, and reversed the direction, sliding to current 0.7794 low, not seen from September, 25.
Read more Previous

AUD and NZD rally strongly overnight

The Kiwi dollar was the strongest mover of the overnight session, rallying from a low of USD0.7746 to repeatedly find resistance at USD 0.7827. The Aussie dollar also had a strong overnight session, climbing from USD0.8696 to highs at USD0.8767 up o.29 percent on the session.
Read more Next
Start livechat