EURGBP- We continue to hold our downside view on EURGBP though seen recovering higher. As long as it continues to hold below the 0.8101 level,its May 22 2012 low, our bias remains lower for a return to the 0.7949 level on ending...
Read MoreEURUSD: Having continued to hold on to its bearish momentum and weakening, the risks of further losses are likely. This will target its immediate support located at the 1.2300 level where a violation will aim at the 1.2250 level...
Read MoreUS Dollar Index: With the Index continuing to hold on to its medium term uptrend and maintaining above the 81.78 level, its Jan 2012 high, there is risk of further upside gains. In such case, further upside should target the...
Read MoreEURJPY-With continued weakness seeing EURJPY breaking the 97.02 level, its Jan 16’2012 low, the risk of further declines continues to be seen. This is coming on the back of a cut through another support at the 99.23 level...
Read MoreUSDJPY: With continued weakness seeing the pair breaking the 78.99 level, we are looking for USDJPY to target further downside. This will leave the pair aiming at the 78.18/27 levels. Below here will extend downside pressure...
Read MoreGOLD: With The commodity bounced off lower level prices during Wednesday, a third such bounces in May’2012. While this portends an upside recovery risk, as long as GOLD continues to trade and hold below its declining...
Read MoreEURUSD: The pair continues to weaken selling off on Tuesday and following through lower in today’s trading session. While maintaining below its broken key support at the 1.2620 level, further declines is likely towards the...
Read MoreGBPUSD: With GBP reversing its intra-day gains and selling off to resume its broader downside weakness during Tuesday trading session, the risk is for the pair to target the 1.5515 level, its Jan 23’2012 high. As long as...
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