Drive confident decisions with simple, actionable trading plans.

Drive confident decisions with simple, actionable trading plans.

CWG and Trading Central launched The Analyst Views is the world’s only financial market research solution offering the unique and invaluable combination of senior analyst expertise and automated algorithms. Our proprietary pattern recognition is constantly monitoring the market to offer you trading plans based on award-winning methodologies.

EUR/GBPEUR/GBP

20241017 12:32

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EUR/GBP intraday: below its lower Bollinger band

Our pivot point is at 0.8367.

Our preference: the downside prevails as long as 0.8367 is resistance.

Alternative scenario: the upside breakout of 0.8367, would call for 0.8383 and 0.8393.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.8358 and 0.8360). Finally, the EUR/GBP has penetrated its lower Bollinger band (0.8354).

Supports and resistances:

0.8393 **

0.8383 *

0.8367 **

0.8360

0.8353 last

0.8333

0.8323 **

0.8313 *

0.8303 **

EUR/JPYEUR/JPY

20241017 12:33

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EUR/JPY intraday: technical rebound towards 163.08 before a new drop

Our pivot point stands at 163.08.

Our preference: technical rebound towards 163.08 before a new drop.

Alternative scenario: the upside breakout of 163.08, would call for 163.82 and 164.27.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (162.37) but below its 50 period moving average (162.52).

Supports and resistances:

164.27 **

163.82 *

163.08 **

162.78

162.47 last

161.54

161.09 **

160.64 *

160.20 **

EUR/NZDEUR/NZD

20241017 12:34

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EUR/NZD intraday: rebound towards 1.8024

Our pivot point stands at 1.7849.

Our preference: rebound towards 1.8024.

Alternative scenario: below 1.7849, expect 1.7787 and 1.7750.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.7911 and 1.7924).

Supports and resistances:

1.8098 **

1.8061 *

1.8024 **

1.7988

1.7900 last

1.7873

1.7849 **

1.7787 *

1.7750 **

GBP/JPYGBP/JPY

20241017 12:35

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GBP/JPY intraday: the upside prevails as long as 193.70 is support

Our pivot point is at 193.70.

Our preference: the upside prevails as long as 193.70 is support.

Alternative scenario: below 193.70, expect 192.73 and 192.16.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 194.26 and 194.38).

Supports and resistances:

197.39 **

196.81 *

196.24 **

195.66

194.49 last

194.09

193.70 **

192.73 *

192.16 **

USD/TRYUSD/TRY

20241017 12:36

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USD/TRY intraday: the downside prevails as long as 34.1789 is resistance

Our pivot point stands at 34.1789.

Our preference: the downside prevails as long as 34.1789 is resistance.

Alternative scenario: the upside breakout of 34.1789, would call for 34.1987 and 34.2105.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 34.1822 and 34.1782).

Supports and resistances:

34.2105 **

34.1987 *

34.1789 **

34.1711

34.1582 last

33.9866

33.9749 **

33.9631 *

33.9514 **

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