OctaFX | OctaFX Forex Broker
Open trading account

SEB: A bearish triangle in EUR/USD - eFXnews

FXStreet (Łódź) - The eFXnews team remark that SEB sees EU/USD' move below the 1.2471 level failing to attract much selling.

Key quotes

"The upside is not in focus right now."

"Could it be a bearish triangle forming? -We will know in due time."

"Inter-range levels we care to watch are located at 1.2534 & 1.2567 (nano perspective Fibos above) and 1.2471 & 1.2457 below."

"Current intraday stretches are located at 1.2430 & 1.2555. Key resistance in the short-term timeframe perspective remains at 1.2605/14."

'This content has been provided under specific arrangement with eFXnews.'

USD/JPY upside risk remains visible - UOB Group

The Market Strategy Team at UOB Group suggest that USD/JPY risks remain skewed to the upside.
Read more Previous

EUR/USD challenges 1.2500

The shared currency is now putting the 1.2500 support to the test once again, with EUR/USD coming down from previous peaks near 1.2530...
Read more Next
Start livechat