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Oct 4, 2013
Flash: RSI has not confirmed the recent high of the GBP/USD – Commerzbank
Karen Jones, Head Technical Analyst at Commerzbank suggests that the GBP/USD has eased lower, the markets recent high of 1.6259 has yet to be confirmed by the daily RSI and the market appears to be losing momentum ahead of the 2009-2013 downtrend at 1.6327,where is expected to cap the topside.
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Oct 4, 2013
Flash: Improving EZ data pushes EUR/USD much higher - Danske Bank
Danske Bank analysts notes that improving economic data out of the eurozone and mixed economic data out of the US were not enough to send EUR/USD much higher - not even as the US government shutdown drags on.
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