.PNG)
RBS has given the following trading strategy, trigger points, and support and resistance levels:TRADING STRATEGY: Exit short positions here and enter small longs should the market break above yesterday's high at 1.2750 targeting 1.2862 onto 1.2933 and stop through the annual low (1.
RBS has given the following trading strategy, trigger points, and support and resistance levels:TRADING STRATEGY: Small short term shorts here stop through 0.8060 target 0.8006 onto 0.7984. TRIGGER POINTS:0.8500 - Big important long term resistance level, 61.
RBS has given the following trading strategy, trigger points, and support and resistance levels:TRADING STRATEGY: Exit shorts here and look to build longs back to the break down area at 1.5929 TRIGGER POINTS:1.6072/91 - Should be strong support and resistance if broken1.
Quotes from Standard Chartered:-The May flash composite PMI survey will likely signal that the euroarea's total GDP is contracting in Q2, after stagnating in Q1.
Quotes from Standard Chartered:-Europe's political tensions and sovereign debt concerns continue to drive financial markets, but the focus next week will shift more towards cyclical risks.
RBS has given the following trading strategy, trigger points, and support and resistance levels:TRADING STRATEGY: Short here (1.0012) target 0.9863 onto 0.9667 stop through the 10 day moving average around 1.003 (today). TRIGGER POINTS:1.0140 - 123.
Quotes from Barclays Capital:-The recent weakening in NJA currencies clearly also reflects concerns about China's economic outlook, in our view, with signs that the growth slowdown accelerated in April.
Quotes from Barclays Capital:-We expect non-Japan Asian currencies to weaken versus the USD over the next month.
EU and ECB banks are working on the contingency in case Greece has to leave the euro zone, EU trade commissioner Karel De Gucht saidQuotes"A year and a half ago there may have been the danger of a domino effect,""But today there are, both within the European Central Bank and the European Commission,...
Quotes from Standard Chartered:-Key in the coming days will be the European Central Bank's (ECB's) reaction. If market sentiment continues to deteriorate, we think the ECB will have to intervene. However, the threshold for action remains high.
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