Trend-Traders, Avoid GBP/USD, USD/CHF - Deutsche Bank

Trend-Traders, Avoid GBP/USD, USD/CHF - Deutsche Bank

21 April 2016, 14:05
Vasilii Apostolidi
0
30

Investors following trend-technical indicators should avoid trading GBP/USD, and USD/CHF for now, advises Deutsche Bank  based on the latest data from its technical FX scorecard. 

"GBP/USD has low levels of trendiness and high volatility as measured by implied and realized volatility.

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

 

USD/CHF is breaking new ground to the downside at 82nd percentile. The cross is not particularly stretched from RSI, but very stretched from risk reversal point of view. In terms of volatility, the pair has low realized volatility although its risk premia is on the higher side," DB notes. 

Share it with friends: