EUR & GBP – Overbought
July 31, 2020 Leave a comment
Filed under Finance & Investment
Join 689 other subscribers
Archives
Categories
Recent Posts
Blogroll
- Abnormal Returns
- Also Sprach Analyst
- Behavioural Macro
- Beyond Proxy
- Business Insider
- CSI Investing
- Cumberland Advisors
- Disciplined Investing
- Econbrowser
- Future Pundit
- Hedgefund BlogPost
- JESSE'S CAFÉ AMÉRICAIN
- Lightfield Capital
- MISH'S Global Economic Trend Analysis
- MIT Technology Review
- My Investing Notebook
- Naked Capitalism
- Pawel Morski Blog
- Peter Warren's Finance Blog
- Project Syndicate
- Reuters
- Riskelia
- The Big Picture
- The Pragmatic Capitalist
- Tren Griffin
- Value Walk
- World Beta
rob zdravevski's blog 
but now butting up against a downward trend line.
(see attached charts below)
At this juncture both currencies are overbought against the US Dollar and inversely, the USD is quite oversold.
I don’t expect them to and I’d be surprised if they trade notably above these trend lines, for the time being.
#eur #gbp #fx #currency
31 July 2020
by Rob Zdravevski
rob@karriasset.com.au