Report

EURUSD medium

EUR/USD downside is showing initial signs of slowing and MACD is looking to reverse from the oversold area and RSI is looking to move above the 50%. Hence, if 1.1765 gives way we may see a further bounce to 1.1951-1.2014. While below 1.1765, risk remains of a leg lower to 1.1513-1.1450.
Provider
Alpha Experts - Beta Financial Ltd
Alpha Experts - Beta Financial Ltd

Trevor Neil's - BETA Group works closely with professional services including Thomson Reuters, London Stock Exchange, NYSE Euronext, the Technical Analyst Magazine, CISI, ACI and other world class institutions. Providing quality analysis of the 26 FX Markets plus Silver and Gold.

Trevor Neil MSTA MCSI has over 40 years professional market experience starting as a floor trader on the London Commodities Exchange working for Merril Lynch on 1974. He has worked in the market ever since. He became a fund manager in the 1990's operating a publicly quoted fund for a City Investment bank. After a spell as Global Head of Technical analysis for Bloomberg, he returned to the market establishing a hedge fund based in South Africa. He sold out of the fund in 2006. He returned to the UK an has operated his own algo fund since. BETA Educators offers customised skills training for banks, energy companies, central banks, exchanges, funds and corporate treasuries worldwide.,

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Analysts
Trevor Neil

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