Avoid USD/CAD, NZD/USD, GBP/USD - DB Technical Scorecard

Avoid USD/CAD, NZD/USD, GBP/USD - DB Technical Scorecard

25 March 2016, 16:39
Vasilii Apostolidi
0
33

EUR/USD tops Deutsche Bank's technical scorecard in G10 space.

"The currency pair is highly trending to the topside with VHF at 94th percentile. It has smooth price action in terms of realized and implied volatility metrics and is the least stretched pair as per the RR measure, suggesting the move higher should be chased via options.

Avoid USD/CAD and NZD/USD as the currencies are no longer trending, and GBP/USD due to the choppiness in the price action as measured by the volatility metrics," DB notes.

Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105     

 

Share it with friends: