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Forex Forecast: EUR/USD looking for a big move lower, EUR/GBP bearish bias; Bitcoin: needs...

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s forex forecast, we offer the outlook for EUR/USD, EUR/GBP and the Bitcoin, with Eddie Tofpik, Head of FX, ADM Investor Services. With key risk events ahead, Tofpik suggests to wait for the announcement before pouncing on a trade. EUR/USD: Downside target at 0.90 Tofpik says that the EUR market has taken the bulls out, with the pair seeing a key reversal failure few days ago. The cross is currently sitting at support area around the March lows. The technical downside targets for the

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