Sabtu, 28 Desember 2013

Flash: EURUSD correction aspect earns – TDS

FXstreet.com (London)--strategists at TD Securities said the earnings EUR/USD sell-off after the corrective aspect of late October ".

Key quotes:

"The move now appears to be running out of steam as the market approaches the recent peak range (1.3829) where the resistance of the channel (weak) is also convergent.

"The trend up appears to be losing some

momentum daily studies too, with the slow stochastic measure starting to facilitate far behind from overbought levels ".

«The price signal for the week (bearish "shooting star") of the candlestick chart is a warning of a market vulnerable to a lower ride. "

"Overall net losses next week will signal a reversal (the largest decline, the more powerful the signal). There are bearish and supported search negative risks increase in the new year ".


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