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21 Oct 2014
Majors in a technical snap shot - RBS
FXStreet (Barcelona) - Analysts at RBS gave us a snap shot at the majors from a technical perspective.
Key Quotes:
EUR/USD: 1.2725 determines the extent of correction, as reversal signals seen
GBP/USD: Change of view amid trendline breakout and weekly bullish reversal pattern
EUR/GBP: 0.8014 target reached: channel theme for now, long-term bullish amid oscillators
USD/JPY: Correction to 105.52 offered buying levels, expecting upside from Ichimoku cloud
Key Quotes:
EUR/USD: 1.2725 determines the extent of correction, as reversal signals seen
GBP/USD: Change of view amid trendline breakout and weekly bullish reversal pattern
EUR/GBP: 0.8014 target reached: channel theme for now, long-term bullish amid oscillators
USD/JPY: Correction to 105.52 offered buying levels, expecting upside from Ichimoku cloud