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#1 21-01-2016 10:07:10

johnedward
Admin & Trader
From: Paris - France
Registered: 21-12-2009
Posts: 3861
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EUR/USD: How are the major banks positioned?

EUR/USD: How are the major banks positioned?


Although many banks issue their recommendations and forecasts on the pair, few are actually positioned on it at this moment, due to the uncertainty regarding its long-term orientation.

We see that the two banks are currently positioned to the downside, with JP Morgan aiming for 1.0490 in the medium term, and Credit Suisse which expects a drop to 1.0780 in the short term.

http://www.forex-central.net/forum/userimages/ProfForex-banks.jpg


(as chart is in French...
Date d'entrée = date position was opened
cours d'entrée = entry price
sens = direction
objectif = target
vente = sell
achat = buy
court terme = short term
moyen terme = medium term
long terme = long term)


"Anything worth having is worth going for - all the way." - J.R. Ewing

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