Monthly: Since posting large nett losses in September 2017 (-395 pips) the cross has moved sideways. Price action in March (2018) has seen a bearish Outside Month posted and offers a mild downward bias. The RSI (Relative Strength Index) is close to 50 (mid-point) highlighting we are non-trending. A large wedge formation offers a long-term bearish bias.
Weekly: An area to note to the downsi...
PIA-First provide award winning trade ideas on financial markets. Ran by traders for traders, PIA-First offer professional technical analysis combined with market sentiment specifically designed for the professional trader and investor whether they are independent or working in a financial institution. Our research covers over 25 different financial instruments from major equity indices, commodities and spot foreign exchange (FX).
