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15 May 2015
Snapshot of techncia'ls; More gains in EUR to come - TDS
FXStreet (Guatemala) - Analysts at TD Securities offered a snapshot of technicals in a handful of majors.
Key Quotes:
"EUR/USD pressures the top of its consolidation band; above 1.1450 implies scope for more gains and a test of major trend resistance above 1.15."
"USD/JPY remains range-bound between 116/122.
EUR/GBP bounces – hard – from the low 0.71 area.
EUR/PLN tips lower from 4.09/4.10 resistance.
NOK/SEK tests – just about – above 1.1205 resistance.
Gold firms, may gain a little more above 1224 but liable to remain within broader range parameters."
Key Quotes:
"EUR/USD pressures the top of its consolidation band; above 1.1450 implies scope for more gains and a test of major trend resistance above 1.15."
"USD/JPY remains range-bound between 116/122.
EUR/GBP bounces – hard – from the low 0.71 area.
EUR/PLN tips lower from 4.09/4.10 resistance.
NOK/SEK tests – just about – above 1.1205 resistance.
Gold firms, may gain a little more above 1224 but liable to remain within broader range parameters."