GBPUSD: GBP continues to face bear threats following its Thursday sell off on the back of its price failure at the 1.5774 level. This leaves the pair vulnerable towards the 1.5613 level and ultimately its Jun 2012 low at the...
Read MoreGOLD: GOLD has ended its corrective recovery as it tumbled off the 1,632.85 level on Monday and continues to sell off. This development now leaves the commodity targeting 1,557.30 level, its Jun 08’2012 low where a break...
Read MoreAUDUSD: A push further higher on Wednesday saw a failure ahead of its daily 200 ema before the pair closed lower. This leaves a pullback risk on the cards. However, it continues to retain most of its corrective gains triggered...
Read MoreGBPJPY – We continue to maintain our upside bias on the cross having rallied and resumed its corrective recovery. This leaves the next upside target at 125.96 level where a violation will call for a run at the 126.43...
Read MoreEURUSD: Though the pair reversed most of its Monday losses on Tuesday, it will have to break and hold above the 1.2748 level to trigger its corrective recovery. In such a case, the 1.2824 level will be targeted where a breach...
Read MoreUSDJPY: As long as the pair continues to hold below the 79.78 level and 200 ema, we look for more weakness to occur. This development could see price extension targeting the 77.66 level. Below here will annul its recovery risk...
Read MoreAUDUSD: With the pair holding firmly above its broken resistance at the 1.0001/2 levels, the risk is for more recovery to occur. This will leave further upside towards the 1.0143 level. Further out, resistance resides at the...
Read MoreCRUDE OIL: The commodity’s outlook remains lower as it closed lower at the end of week, opening the door more declines towards the 81.21 level. A break of here will call for a run at its Oct 2011 low at 77.40 level with a...
Read MoreEURGBP- With EURGBP closing lower the past week, after turning off its trendline resistance, the risk of weakening further is expected. In such a case, its key support located at the 0.8010/0.7949 levels will come in as the next...
Read MoreGOLD: While Gold took back some of its previous week losses to close higher at the end of the week, it still holds on to its broader downside vulnerability medium term. This suggest its present upside attempt is corrective and...
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