Stay short EurGbp or, if you prefear, long GBP! Since the macro economic data started to improve, the pressure on the exchange rate has became stronger. The beginning of rates normalization will make the UK's currency more expansive versus the Euromoney. At the same time, the chart seems to confirm the bearish view: It is unlikely (given also the macro-analysis)...
Since May the EURUSD is entered in a deep down-trend that is expected to continue in the next months, as the ECB easing policy will be implemented. The excess liquidity and the absence of credit growth, will lead the autorities to push down the rates, even with unconventional measures. The announcement of QE is expected early as macroeconomics conditions don't...
The divergence between oscillator and price movement ended the up-trend started June, 2013. The price recently tested the long term support in 19.800 area, without confirming the break. The index is expected to approach the 19.600 area on the long term support, and then starting again towards higher levels. The advice is to wait until the price reaches 19.600...