Bank Recomendations

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0
TECHNICALS−Euro/dlr support at $1.2565/1.2544 –KBC
Thu, Nov 20 2008, 08:25 GMT
by Benny Menashe
Finotec Group Inc.
EUR/USD: "Drop from $1.3294 could not sustain below $1.2527 and toying with channel top off $1.4867. Support area at $1.2565/1.2544, with next levels at $1.2512/1.2503: tough on first attempts. "If wrong, next levels at $1.2448 and $1.2396/1.2388."
USD/JPY: "Pair retested daily break-up area of 94.48 yen and failed to extend below channel off 110.67. First resistance area at 97.31/97.40, with next levels at 97.55, where pause favored. "If wrong, next levels at 98.25, ahead of 98.68/98.85: tough on 1st attempts."
EUR/GBP: "Exploded to new high, with drop having met 23.6 percent retracement of the rise from 76.94 pence. First support area at 84.26, with next levels at 83.57/83.42, where pause favored."
Published on
Thu, Nov 20 2008, 08:26 GMT
Archive
- The up-thrust top should within a few sessions start to deliver further downside pressure
Published On Thu, Jul 2 2009, 10:46 GMT
- Consolidating in a 'triangle/pennant' formation at the lower edge of a large Ichimoku 'cloud'
Published On Mon, Jun 29 2009, 10:40 GMT
- Neutral/negative outlook within the local $1.6190 - 1.6575 range extremes
Published On Tue, Jun 23 2009, 09:31 GMT
- Neutral/negative outlook within the $1.5800-$1.6590 interweek range extremes
Published On Thu, Jun 18 2009, 12:55 GMT
- A reversal seems to be taking shape, especially in U.S. Treasuries
Published On Tue, Jun 16 2009, 06:13 GMT
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