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10 Apr 2015
Weekly technical outlook on select pairs - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave a snapshot of a handful of major units in the FX space.
"EUR/USD's recent stabilization is breaking down; new lows are likely soon as the broader bear trend resumes."
"USD/JPY is well-supported but essentially range-bound below major resistance at 121.90/00."
"EUR/GBP is poised to weaken again; key short-term support is 0.7224 and we look for a dip to 0.7060 below here."
"USD/ZAR consolidates but the underlying trend higher remains intact."
"NOK/SEK gains face a stiff test at 1.0900/10; reaction here determines whether the cross moves on to 1.1150 or drops to 1.0750."
"EUR/USD's recent stabilization is breaking down; new lows are likely soon as the broader bear trend resumes."
"USD/JPY is well-supported but essentially range-bound below major resistance at 121.90/00."
"EUR/GBP is poised to weaken again; key short-term support is 0.7224 and we look for a dip to 0.7060 below here."
"USD/ZAR consolidates but the underlying trend higher remains intact."
"NOK/SEK gains face a stiff test at 1.0900/10; reaction here determines whether the cross moves on to 1.1150 or drops to 1.0750."