OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex Flash: EUR/JPY & AUD/JPY technicals show consolidation ending - Societe Generale

FXstreet.com (Barcelona) - Sebastien Galy, Senior FX Strategist at Societe Generale notes that EUR/JPY and AUD/JPY technical patterns show that the consolidation period is coming to an end, and the pairs are likely to move to the upside soon.

He adds that EUR is a bit cheap from a PCA view, suggesting a short covering is possible, but the strongest signal is long AUD/USD and EUR/SEK. Our systems are currently sending softer signals but remain long USD, AUD and NZD and short EUR, GBP, JPY and NOK.

Forex Flash: EUR/USD technically bullish - Nomura

Nomura strategist Saeed Amen has taken a look at EUR/USD for the week ahead from a purely technical perspective.
Read more Previous

EUR bulls crossing fingers ahead of NFP

What looked like another sharp sell-off on Thursday, all of the sudden became a needle-like correction higher for the EUR/USD, climbing more than two big figures to test the boundaries of 1.2950...
Read more Next
Start livechat