5 Dec 2014
Interesting pairs in a technical snapshot - TDS
FXStreet (Guatemala) - Analysts at TD Securities gave us a snapshot at the majors from a technical perspective.
Key Quotes:
“EUR/USD retains a weak technical profile; above 1.2456 signals scope for a minor rebound but a drop to 1.20 looks unavoidable and that will compromise long-term support in the low 1.22 area”.
“There is no sign of USD/JPY's bull run stopping".
"Negative technical pressure on AUD/USD is building quite significantly now”.
“USD/ZAR tests the top of the 2014 range”.
“GBP/SEK should progress towards 12.25 as support around 11.50 holds”.
Key Quotes:
“EUR/USD retains a weak technical profile; above 1.2456 signals scope for a minor rebound but a drop to 1.20 looks unavoidable and that will compromise long-term support in the low 1.22 area”.
“There is no sign of USD/JPY's bull run stopping".
"Negative technical pressure on AUD/USD is building quite significantly now”.
“USD/ZAR tests the top of the 2014 range”.
“GBP/SEK should progress towards 12.25 as support around 11.50 holds”.