30 Apr 2015
Outlook for FX majors – Littlefish FX
FXStreet (Barcelona) - Analysts at Littlefish FX share the outlook for FX majors, maintaining a bullish view on EUR/USD and GBP/USD, while remaining neutral on others.
Key Quotes
“EUR: 1.10 gives way 1.12 the next upside objective, close below 1.10 refocuses bears”
“GBP: Pivotal 1.55 test underway expect test of offers above 1.5550, below 1.53 refocuses bears”
“JPY: While 118.60/80 contains downside target 121.00 en route to retest of year to date highs, only below 118.30 concerns bullish view”
“CAD: 120 test underway failure here opens pivotal 118”
“AUD: .8050 pivotal resistance being tested above here remove medium term downside pressure. While .8050 holds potential for medium term down trend resumption”
Key Quotes
“EUR: 1.10 gives way 1.12 the next upside objective, close below 1.10 refocuses bears”
“GBP: Pivotal 1.55 test underway expect test of offers above 1.5550, below 1.53 refocuses bears”
“JPY: While 118.60/80 contains downside target 121.00 en route to retest of year to date highs, only below 118.30 concerns bullish view”
“CAD: 120 test underway failure here opens pivotal 118”
“AUD: .8050 pivotal resistance being tested above here remove medium term downside pressure. While .8050 holds potential for medium term down trend resumption”