"We still expect the Bank of England will not announce a hike of 25 basis points until late 2011," says the forex desk at Jyske Bank ... Figure target at 38.50," says the latest technical chart analysis from Axel Rudolph at Commerzbank
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UsdJpy Our bearish trade strategy is going according to plan so far; after the break below 83.10 on Monday we went short and have been aiming at a target of 82.20 –in accordance with the head & shoulders pattern noted on the hourly chart. Thus far ...
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GBP/USD hit 1.4890 then came down to 1.4771 before reaching higher overnight for 1.4890 once more. This is good resistance and a break above here keeps the market looking stronger for 1.4920/30 minimum target. If we bust ...
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The pre-planned long positions from key supports have been implemented with attainment of basic anticipated target. OsMA trend indicator, having marked sign of rate overbought, suggests further rate range movement ...
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