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This thread was started in response to the Hot-Chart:
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
ندوة سويسكوت مساء الثلاثاء مع أشرف العايدي
لا تفوت ندوتنا الإلكترونية مساء الثلاثاء الساعة 10 مساءً بتوقيت الإمارات
I would like to add some comments. EUR/GBP Daily Chart is also supported by 95 SMA since Feb 2009, and as the momentum indicator MACD is crossing over, I agree that the pair will have an upside bias towards 0.95.
Besides, the QE implemented by BoE may prompt the pound more bearish against other major currencies as well, since the yield for the long Gilt may be suppressed and appears to underperform other major currencies.
Other GBP crosses are turning more bearish after the policy meeting. One thing to note that the upside for the GBP/AUD is capped by 100 SMA in daily chart and is likely to fall back to 2.17 next week.