14 Oct 2014
A technical snap shot at the majors - RBS
FXStreet (Barcelona) - Analysts at RBS gave us a technical snap shot at four of the key major FX pairs.
Key Quotes:
“EUR/USD: RSI and candlesticks suggest reversal, but near-term may see 1.25 re-tested”.
“GBP/USD: A break of 1.5919 may see 1.5708/20 tested with risks of dropping to 1.5350”.
“EUR/GBP: Reversal from a key level of 0.777 confirmed, more upside to come, watch 0.8014”.
“USD/JPY: Correction to see support at 106.57 and 105.52, offering buying levels”.
Key Quotes:
“EUR/USD: RSI and candlesticks suggest reversal, but near-term may see 1.25 re-tested”.
“GBP/USD: A break of 1.5919 may see 1.5708/20 tested with risks of dropping to 1.5350”.
“EUR/GBP: Reversal from a key level of 0.777 confirmed, more upside to come, watch 0.8014”.
“USD/JPY: Correction to see support at 106.57 and 105.52, offering buying levels”.