If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
06:25 GMT - MMS SIN - 06-Mar - EUR-GBP focus on the downside following the selloff yesterday and upticks are sell into the 0.6860/65 area. Break of the 0.6877 low of Tue triggers a double top formation on hourly chart and extension below 0.6839 low will see drop to the 0.6810/0.6797 area.
Stop and reverse execture below 0.6825 as price continues to probe lower.
0.6740 is the initial target and stops are kept tight above resistance at
0.6880. Daily charts show plently of scope for further weakness after the
rejection from 0.6915 earlier in the week. (AS) [09:29 GMT]
end
06:25 GMT - MMS SIN - 06-Mar - EUR-GBP focus on the downside following the selloff yesterday and upticks are sell into the 0.6860/65 area. Break of the 0.6877 low of Tue triggers a double top formation on hourly chart and extension below 0.6839 low will see drop to the 0.6810/0.6797 area.
09:00 GMT - MMS LDN - 06-Mar - GBP-JPY s/term stays firm after recent break above 187.67, 24-February high & Asia"s low. Unclear how much further to go before pullback but favour near bids with tight stop, ready to back away before a 2nd buy attempt if 187.67 fails. Target towards 189.53, 38.2% rebound level.
Коментар