GBP/USD Comments:
• Derek Frey: Fear premium continues coming out this week.
• ecPulse.com: Weekly close above 1.6715 could change our 1 quarter expectations.
• Gregor Horvat: Pound is much weaker compared to Eur in recent rally we saw. So if Euro slows down againts the US dollar, then pound should follow.
• Mohammed Isah: GBPUSD has broken out of its sideways range and now looks to strengthen further in the days ahead with eyes on the 1.6455 and the 1.6877. Within one to three months, we have a bullish bias on the pair.
• Yohay Elam: With easing inflationary pressures and a weak economy, the pound is likely to continue shaking, and then drop.
EUR/USD Comments:
• Derek Frey: Fear premium continues coming out this week.
• Gregor Horvat: Staying with the trend for now, but pair is likely in final advance of a rally since start of 2011, so expecting a slow down and reversal from 1.47
• Mohammed Isah: With the pair returning above the 1.4519 level, further strength should build up towards the 1.4576 and then the 1.4681 level. Our overall outlook remains bullish in one to three months.
• Yohay Elam: The situation in Greece already weighs on EUR/USD. This is likely to furhter develop.
USD/JPY Comments:
• Derek Frey: Fear bid that went to the Yen also comes out.
• Gregor Horvat: Believe prices will be trapped in range since prices reversed from 85.50.
• Mohammed Isah: Having halted its recovery and continued to weaken, USDJPY looks to decline further. We retain our long term bearish call in one to three months.
• Yohay Elam: The rise of Dollar/Yen finally began and hasn't ended yet. The situation in Japan, which wasn't too good before the catastrophe, and the rising US yields, as QE2 is about to end, all point in the same direction for the pair: up
Keys:
• Bearish: Belief that a particular currency is about to fall in value; understood as a general pessimistic trend about the state of that given currency.
• Bullish: Belief that a particular currency is about to rise in value; understood as a general optimism about the state of that given currency.
Sideways: A sideways trend manifests when the volume of a currency pair bought and the volume of the same pair sold at a particular price are in balance or nearly in balance.
• Derek Frey: Fear premium continues coming out this week.
• ecPulse.com: Weekly close above 1.6715 could change our 1 quarter expectations.
• Gregor Horvat: Pound is much weaker compared to Eur in recent rally we saw. So if Euro slows down againts the US dollar, then pound should follow.
• Mohammed Isah: GBPUSD has broken out of its sideways range and now looks to strengthen further in the days ahead with eyes on the 1.6455 and the 1.6877. Within one to three months, we have a bullish bias on the pair.
• Yohay Elam: With easing inflationary pressures and a weak economy, the pound is likely to continue shaking, and then drop.
EUR/USD Comments:
• Derek Frey: Fear premium continues coming out this week.
• Gregor Horvat: Staying with the trend for now, but pair is likely in final advance of a rally since start of 2011, so expecting a slow down and reversal from 1.47
• Mohammed Isah: With the pair returning above the 1.4519 level, further strength should build up towards the 1.4576 and then the 1.4681 level. Our overall outlook remains bullish in one to three months.
• Yohay Elam: The situation in Greece already weighs on EUR/USD. This is likely to furhter develop.
USD/JPY Comments:
• Derek Frey: Fear bid that went to the Yen also comes out.
• Gregor Horvat: Believe prices will be trapped in range since prices reversed from 85.50.
• Mohammed Isah: Having halted its recovery and continued to weaken, USDJPY looks to decline further. We retain our long term bearish call in one to three months.
• Yohay Elam: The rise of Dollar/Yen finally began and hasn't ended yet. The situation in Japan, which wasn't too good before the catastrophe, and the rising US yields, as QE2 is about to end, all point in the same direction for the pair: up
Keys:
• Bearish: Belief that a particular currency is about to fall in value; understood as a general pessimistic trend about the state of that given currency.
• Bullish: Belief that a particular currency is about to rise in value; understood as a general optimism about the state of that given currency.
Sideways: A sideways trend manifests when the volume of a currency pair bought and the volume of the same pair sold at a particular price are in balance or nearly in balance.
0 Response to "Weekly Experts' Forecast: GU, EU and UJ (20110425 - 29)"
Post a Comment