Tuesday, November 18, 2014

Attention to a possible breakout on the EUR/GBP

The Euro versus the Pound has come back to its bullish trend and it has visited one more time the 0.8000 level where we can also see the 200 Day EMA. If the price breaks above the 200 Day EMA, we may get a good opportunity to go long, but first we must wait for confirmation of the breakout and the pullback to the same moving average before thinking going long. For now the zone is acting as a good resistance area.


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WTI oil at the 200 day EMA

WTI oil breaks below the 66.27 support zone and accelerates its bearish momentum towards the 200 day EMA around the 64.30 level. We have b...