Trading strategy

EUR/GBP – Trading idea by RBS Despite the 0.8162 level being broken over the holiday season 0.8223 held firm. 0.8223 was the was the Jan ’12 low as well as catching a lot of the low levels around 2009. It is also the 161.8%  [...]

Trading idea from RBS: EUR/GBP Comments: Can something ‘fail perfectly?’if it could, then EUR did just that at the back end of last week as it approached the polarity level and the key resistance level that I (analyst) have been talking about [...]

Analysis: EUR/GBP – Technical commentary, Trading idea, and support and resistance levels RBS has given the following technical commentary, Trading idea, and support and resistance levels: TECHNICAL COMMENTARY: Can something ‘fail perfectly?’if it could, then EUR did just that at the back end of last week [...]

[...]  data, not least because the trend is already clear from the previously-released monthly trade figures. With the deficit likely to breach 4% of GDP in the latest quarter, however, Canada’s external imbalance should begin to rise up the markets’ agenda. Trading idea from RBS: AUDCAD Comments: AUD/CAD is still one of my (analyst) live trades and there are still signs, strong signs that the market is due for a sell off; the head and shoulders pattern looks to be forming has a [...]

[...] to the markets’ refocus on the USD debasement theme after recent commentary from Fed officials which suggests the potential for more QE next year and the continuance of very easy monetary policy in the US. Trading Signal from RBS: EUR/GBP Trading idea: Short now; stop through 0.8170 target 0.7959 onto 0.7757. SUPPORT LEVELS: 0.8066, 0.8007 RESISTANCE LEVELS: 0.8089, 0.8156 Trading idea: GBP/USD Comments: As the market sits at the top of the range I (analyst) think this is a good place [...]

1) Trading idea nzd/usd By RBS: Comments: Another trade which makes sense at these levels; the bias in the daily nzd/usd chart is a sell here. The 0.8250 level, which is the final retracement level from the 0.7917 – 0.8353 range, held price [...]

[...] for the GBP. Especially given the move higher last week, we think GBP is primed for a correction and GBP/USD should move lower this week. If the recent pattern of lower highs in GBP/USD persists, a weaker GBP/USD is likely. Trading idea from RBS: EUR/GBP Comments: Still the progress of EUR/GBP looks hampered in the weekly chart by the polarity level . So this grinding higher can continue ion the short term but I (analyst) would still be inclined to begin building [...]