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OctaFX_Farid

OctaFX.Com - Financial News and Analysis

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EUR/JPY poised to drop towards 128 SG



FXStreet (Barcelona) - Technical Analysts at Societe Generale, view that EUR/JPY is set to make a move lower towards 128 and even 126.

Key Quotes

The rebound in EUR/JPY during the second half of March appears to have faced resistance near 131.80, the 34-day MA and the 50% retracement from the February high.

With the daily RSI retracing from a resistance, the pair looks poised to drift towards 128 and probably even towards the previous low of 126.

It is noteworthy that the pair is undergoing an extended correction after violating a multi-year upward channel.

The weekly RSI is hovering close to a support, indicating 126 as a key level. A break below will mean the next leg of correction towards 122.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 02,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
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octafx_newsupdates-1_zps8241bbb2.png





EUR/JPY poised to drop towards 128 SG



FXStreet (Barcelona) - Technical Analysts at Societe Generale, view that EUR/JPY is set to make a move lower towards 128 and even 126.

Key Quotes

The rebound in EUR/JPY during the second half of March appears to have faced resistance near 131.80, the 34-day MA and the 50% retracement from the February high.

With the daily RSI retracing from a resistance, the pair looks poised to drift towards 128 and probably even towards the previous low of 126.

It is noteworthy that the pair is undergoing an extended correction after violating a multi-year upward channel.

The weekly RSI is hovering close to a support, indicating 126 as a key level. A break below will mean the next leg of correction towards 122.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 02,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





EUR/JPY poised to drop towards 128 SG



FXStreet (Barcelona) - Technical Analysts at Societe Generale, view that EUR/JPY is set to make a move lower towards 128 and even 126.

Key Quotes

The rebound in EUR/JPY during the second half of March appears to have faced resistance near 131.80, the 34-day MA and the 50% retracement from the February high.

With the daily RSI retracing from a resistance, the pair looks poised to drift towards 128 and probably even towards the previous low of 126.

It is noteworthy that the pair is undergoing an extended correction after violating a multi-year upward channel.

The weekly RSI is hovering close to a support, indicating 126 as a key level. A break below will mean the next leg of correction towards 122.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 02,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





EUR/JPY poised to drop towards 128 SG



FXStreet (Barcelona) - Technical Analysts at Societe Generale, view that EUR/JPY is set to make a move lower towards 128 and even 126.

Key Quotes

The rebound in EUR/JPY during the second half of March appears to have faced resistance near 131.80, the 34-day MA and the 50% retracement from the February high.

With the daily RSI retracing from a resistance, the pair looks poised to drift towards 128 and probably even towards the previous low of 126.

It is noteworthy that the pair is undergoing an extended correction after violating a multi-year upward channel.

The weekly RSI is hovering close to a support, indicating 126 as a key level. A break below will mean the next leg of correction towards 122.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 02,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





EUR/JPY poised to drop towards 128 SG



FXStreet (Barcelona) - Technical Analysts at Societe Generale, view that EUR/JPY is set to make a move lower towards 128 and even 126.

Key Quotes

The rebound in EUR/JPY during the second half of March appears to have faced resistance near 131.80, the 34-day MA and the 50% retracement from the February high.

With the daily RSI retracing from a resistance, the pair looks poised to drift towards 128 and probably even towards the previous low of 126.

It is noteworthy that the pair is undergoing an extended correction after violating a multi-year upward channel.

The weekly RSI is hovering close to a support, indicating 126 as a key level. A break below will mean the next leg of correction towards 122.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 02,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





EUR/JPY poised to drop towards 128 SG



FXStreet (Barcelona) - Technical Analysts at Societe Generale, view that EUR/JPY is set to make a move lower towards 128 and even 126.

Key Quotes

The rebound in EUR/JPY during the second half of March appears to have faced resistance near 131.80, the 34-day MA and the 50% retracement from the February high.

With the daily RSI retracing from a resistance, the pair looks poised to drift towards 128 and probably even towards the previous low of 126.

It is noteworthy that the pair is undergoing an extended correction after violating a multi-year upward channel.

The weekly RSI is hovering close to a support, indicating 126 as a key level. A break below will mean the next leg of correction towards 122.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 02,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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octafx_newsupdates-1_zps8241bbb2.png





Greek debt market discounting an elevated risk of default BTMU



FXStreet (Barcelona) - The Bank of Tokyo-Mitsubishi UFJ Team, comments that the ongoing negotiations between Greece and its creditors remains frustratingly slow, and with IMF loan repayment near, the Greek government debt market has been discounting for an elevated risk of default.

Key Quotes

The ongoing negotiations between the Greek government and its international creditors continue to remain frustratingly slow. The latest list of economic reforms submitted by the Greek government has shown progress but still fails to fully satisfy the Brussels Group. Negotiations will continue in the week ahead.

The Greek government is running out of time to secure financing. An IMF loan repayment totaling EUR458 million is due on the 9th April. The Greek government debt market is currently discounting an elevated risk of default.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 03,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





Greek debt market discounting an elevated risk of default BTMU



FXStreet (Barcelona) - The Bank of Tokyo-Mitsubishi UFJ Team, comments that the ongoing negotiations between Greece and its creditors remains frustratingly slow, and with IMF loan repayment near, the Greek government debt market has been discounting for an elevated risk of default.

Key Quotes

The ongoing negotiations between the Greek government and its international creditors continue to remain frustratingly slow. The latest list of economic reforms submitted by the Greek government has shown progress but still fails to fully satisfy the Brussels Group. Negotiations will continue in the week ahead.

The Greek government is running out of time to secure financing. An IMF loan repayment totaling EUR458 million is due on the 9th April. The Greek government debt market is currently discounting an elevated risk of default.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 03,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





Greek debt market discounting an elevated risk of default BTMU



FXStreet (Barcelona) - The Bank of Tokyo-Mitsubishi UFJ Team, comments that the ongoing negotiations between Greece and its creditors remains frustratingly slow, and with IMF loan repayment near, the Greek government debt market has been discounting for an elevated risk of default.

Key Quotes

The ongoing negotiations between the Greek government and its international creditors continue to remain frustratingly slow. The latest list of economic reforms submitted by the Greek government has shown progress but still fails to fully satisfy the Brussels Group. Negotiations will continue in the week ahead.

The Greek government is running out of time to secure financing. An IMF loan repayment totaling EUR458 million is due on the 9th April. The Greek government debt market is currently discounting an elevated risk of default.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 03,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





Greek debt market discounting an elevated risk of default BTMU



FXStreet (Barcelona) - The Bank of Tokyo-Mitsubishi UFJ Team, comments that the ongoing negotiations between Greece and its creditors remains frustratingly slow, and with IMF loan repayment near, the Greek government debt market has been discounting for an elevated risk of default.

Key Quotes

The ongoing negotiations between the Greek government and its international creditors continue to remain frustratingly slow. The latest list of economic reforms submitted by the Greek government has shown progress but still fails to fully satisfy the Brussels Group. Negotiations will continue in the week ahead.

The Greek government is running out of time to secure financing. An IMF loan repayment totaling EUR458 million is due on the 9th April. The Greek government debt market is currently discounting an elevated risk of default.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 03,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Official

octafx_newsupdates-1_zps8241bbb2.png





Greek debt market discounting an elevated risk of default BTMU



FXStreet (Barcelona) - The Bank of Tokyo-Mitsubishi UFJ Team, comments that the ongoing negotiations between Greece and its creditors remains frustratingly slow, and with IMF loan repayment near, the Greek government debt market has been discounting for an elevated risk of default.

Key Quotes

The ongoing negotiations between the Greek government and its international creditors continue to remain frustratingly slow. The latest list of economic reforms submitted by the Greek government has shown progress but still fails to fully satisfy the Brussels Group. Negotiations will continue in the week ahead.

The Greek government is running out of time to secure financing. An IMF loan repayment totaling EUR458 million is due on the 9th April. The Greek government debt market is currently discounting an elevated risk of default.





OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page


Apr 03,2015
OctaFX.Com News Updates






Trade with OctaFX - the Most Reliable Forex broker!
oie_EgQvfWMuiI6O_zps5c35ec25.gif

octafx_reg.png

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Thank you very much for sharing your trading analysis here! That’s the main advantage of using Forex forums! By the way, in my learning session I also used broker’s market analysis! Among of them; live market reviews of TradingBanks broker helped me a lot to learn technical analysis! As a result, now I do my live trading only based on technical analysis!

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