Posts Tagged ‘Looks’
EURUSD: Upswing Deepens, Still Looks Corrective
Author: Germina Lake
Posted in Forex Indicators | 
Tags: corrective, Deepens, EUR/USD, Looks, Still, Upswing | 
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EUR/GBP Channel Looks to Yield Expectations
Author: Germina Lake
The Euro and British Pound have benefitted from a return of risk appetite where both currencies have made gains against their safe haven counterparts. However, the single currency has outshined the sterling as it maintains a stronger relationship with risk and is also benefitting from rising yield expectations.
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USDJPY Looks Poised fro Reversal
Author: Germina Lake
USDJPY Looks Poised fro Reversal
The USD/JPY breaking below trend line support at 87.50 inspired a short position which I have taken profits on as we near support at 85.00. It will be hard to make a case for the pair to go below the psychological level, but as we have learned levels are made to be broken. That said the better risk reward appears to the upside, above the 20-Day SMA at 87.30 will be a clear sign that momentum has …
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British Pound Looks Past BoE Rate Decision, Follows Risks Trends
Author: Germina Lake
British Pound Looks Past BoE Rate Decision, Follows Risks Trends
The Pound has started to give back earlier gains as risk appetite has started to fade after a strong start on the back of strong Chinese exports and comments from Fed Chairman Ben Bernanke that the European debt crisis would have only a “modest” impact on the U.S. economy.
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