Eur/dlr set for deeper correction

LONDON, Nov 9 (Reuters) - Following is a selection of comments from analysts on important technical developments in the foreign exchange market. * EURO/DOLLAR: "Spike warns of more downside. With a high of $1.4283 the market has met all but the ideal target (1.44ish) of the bull triangle. The low weekly close, back into the triangle, is a clear warning that the August rise now has run its course and that a more profound correction/longer period of congestion/turnaround is at hand. Bearish divergences are also expected to help the pair lower. Support at $1.3734." * DOLLAR INDEX: "More upside seen near term. Falling short of the triangle target, holding the 2008 support line and creating a bullish, however not yet confirmed, divergence all makes us stand ready for more profit taking/stop loss buying near term. If RSI climbs above its recent reaction peak the bull divergence will be confirmed hence more upside potential to be released". * EURO/YEN: "Sellers responded ahead of the...

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