EURUSD: While EUR remains below the 1.2442 level, risk of a return to the 1.2239 level cannot be ruled out. A clearance of here will set the stage for a move lower towards the 1.2132/17 levels. Further down, support stands at...
Read MoreUS Dollar Index: The Index continues to hold on to its broader bias despite its corrective pullback. While it holds above the 82.04/81.43 levels, its medium term uptrend remains intact. This leaves the risk of an eventual return...
Read MoreAUDUSD: Faces Corrective Pullback Risks.AUDUSD: Although Corrective pullback risk remains but while the pair hold above the 1.0442/35 levels, our bias remains higher in the short term. However, it will have to return above the...
Read MoreGBPUSD: Bears Still Remain In Control.GBPUSD: The pair remains biased to the downside medium term as it looks to weaken further. As long as it holds below its major resistance at the 1.6300 level, our bias remains lower. This...
Read MoreEURJPY- Having closed lower for the week and remaining vulnerable to the downside, EURJPY now looks to extend that weakness. In such a case, the 94.91 level will come in as the next downside target with a cut through there...
Read MoreGBPUSD: Vulnerable Despite Recovery Attempts.GBPUSD: Unless GBP breaks and holds above the 1.5774/78 levels, its present upside attempt is likely to fail. This will leave the pair targeting further declines towards the 1.5489/57...
Read MoreEURUSD: With a negative close registered the past week, the pair remains vulnerable to the downside in the new week. This will leave EUR eyeing the 1.2132 level where a violation will aim at the 1.2040 level. Below here if it...
Read MoreUSDJPY – With USDJPY selling off in July and facing further bearishness in early Aug’2012, the risk is for it to decline further. In such a case, the pair will aim at the 77.66 level where a violation will open the...
Read MoreUSDCHF: With USDCHF halting its corrective declines to close higher the past week, it faces further bull pressure in the new week. This will leave the pair next upside target at the 0.9896 level where a violation will expose its...
Read MoreUSDJPY: We continue to hold our consolidation plus range view on the pair as it looks for directional moves. Additionally, as long as USDJPY continues to trade below the 78.66 level, the risk is for it to retarget the 77.92...
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