Posts Tagged ‘Commerzbank’
Forex: EUR/USD, testing the June-August uptrend support line – Commerzbank
Author: Germina Lake
Forex: EUR/USD, testing the June-August uptrend support line – Commerzbank
FXstreet.com (Barcelona) – The Euro was rejected again at the 1.2900/20 resistance area, and the pair’s retreat extended to 1.2780 low, to test the June – August support line and Jul 21 low, key levels for a potential rally to 1.3000 area says to Karen Jones, technical analyst at Commerzbank.
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Posted in Forex Books | 
Tags: Commerzbank, EUR/USD, Forex, JuneAugust, Line, Support, testing, uptrend | 
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Forex: GBP/USD, broke through 200-day MA, targeting 1.5870/1.5970 – Commerzbank
Author: Germina Lake
Forex: GBP/USD, broke through 200-day MA, targeting 1.5870/1.5970 – Commerzbank
FXstreet.com (Barcelona) – The Pound’s recovery from 1.4200 area in May, extended higher last week, piercing through the 200-day MA, targeting 1.5870/1.5970 area, the 61.8% fibonacci retracement of the Aug 09/May 10 decline),says Karen Jones, technical analyst at Commerzbank.
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Posted in Forex Books |
Tags: 1.5870/1.5970, 200day, broke, Commerzbank, Forex, GBPUSD, targeting, Through |
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