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Notícias de trading
16 Apr 2015
Bunds: more upside potential towards 160.88 – RBS
FXStreet (Barcelona) - Dmytro Bondar, Technical Analyst at RBS, sees further upside potential for Bund futures towards 160.88 in the near-term.
Key Quotes
“The market has reached our key target of 0.13%, as futures broke the 159.53 resistance and indicate there may be more upside towards the 160.88 projected Fibonacci resistance.”
“Given a previously formed Methods continuation pattern on the futures chart (over the period of 10-18 March) and a sustained uptrend above the 20-day moving average, I believe there is a high chance of continued upside pressure, as no reversal signals are seen so far. The first significant resistance is 160.88.”
Key Quotes
“The market has reached our key target of 0.13%, as futures broke the 159.53 resistance and indicate there may be more upside towards the 160.88 projected Fibonacci resistance.”
“Given a previously formed Methods continuation pattern on the futures chart (over the period of 10-18 March) and a sustained uptrend above the 20-day moving average, I believe there is a high chance of continued upside pressure, as no reversal signals are seen so far. The first significant resistance is 160.88.”