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Forex Forecast: Fundamentals disagreeing with technicals on EUR/USD, EUR/GBP: Euro strength...

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    In today’s Forex Forecast, the EUR/USD and EUR/GBP were the subjects of choice for Craig Erlam, Senior Market Analyst for Oanda, when he joined Zak Mir and Mike Ingram on the Tip TV Finance Show. Mixed views on the EUR/USD Erlam commented that the pair was an overcrowded short trade, and the market was caught offside as EUR/USD saw upside towards the 1.10 area. He continued that from a technical analysis perspective, the pair looks to be in a bullish step, meanwhile, based on the fundamentals

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