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21 Feb 2014
Flash: Weekly Technical Outlook, EUR to cap at 1.3850 - TDS
FXStreet (Guatemala) - Strategist s at TD Securities offered their weekly technical outlook for a handful of the majors.
Key quotes:
“EUR/USD’s technical trend is positive but currently lacks the dynamism to suggest an extension above 1.3800/50”.
"USD/JPY has slipped into neutral – we spot key support at 101.70 and resistance at 102.85".
“AUD/NZD continues to carve out a bull reversal – we are bullish above 1.0955".
“EUR/AUD is – interestingly – carving out a bearish reversal".
Key quotes:
“EUR/USD’s technical trend is positive but currently lacks the dynamism to suggest an extension above 1.3800/50”.
"USD/JPY has slipped into neutral – we spot key support at 101.70 and resistance at 102.85".
“AUD/NZD continues to carve out a bull reversal – we are bullish above 1.0955".
“EUR/AUD is – interestingly – carving out a bearish reversal".