এখন থেকে আমরা Elev8
আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?
ট্রেডিং এর খবর
1 Mar 2013
Forex Flash: Holding the 1.28/29 area is vital in sustaining a longer-term bull outlook - TD Securities
"No great surprise that the short-term bear trend in EUR/USD extended further this week," pointed TD Securities FX analysts Shaun Osborne and Greg Moore. With the EUR/USD bottoming at 1.2965 during Friday's American session, the pair has completed a 745 pips decline from February 1st.
However, according to to TDS analysts, there is still hope for Euro bulls as the pair remains above the 1.28/29 area. "Four weeks of successive losses keeps the EUR on track to test the 1.28/1.29 area (40-week/200-day MA/neckline of
the huge, multi-month inverse H&S neckline that drove our late 2012/early 2013 bullishness on the EUR)."
"Holding this support zone (we can tolerate some temporary weakness below) is vital in sustaining a longer-term bull outlook," state both analysts.
On the upside, "back through 1.3330/40 eases bear pressure," points Osborne and Moore, "we can only get bullish at this stage if spot regains 1.36s-plus. Look to sell rallies to the 1.3250 area."
However, according to to TDS analysts, there is still hope for Euro bulls as the pair remains above the 1.28/29 area. "Four weeks of successive losses keeps the EUR on track to test the 1.28/1.29 area (40-week/200-day MA/neckline of
the huge, multi-month inverse H&S neckline that drove our late 2012/early 2013 bullishness on the EUR)."
"Holding this support zone (we can tolerate some temporary weakness below) is vital in sustaining a longer-term bull outlook," state both analysts.
On the upside, "back through 1.3330/40 eases bear pressure," points Osborne and Moore, "we can only get bullish at this stage if spot regains 1.36s-plus. Look to sell rallies to the 1.3250 area."