EURUSD: Having rallied and broken the 1.3074 level and the 1.3197 level, EUR now looks to strengthen further with eyes on the 1.3375 level, its Dec 12’12 level. On further price extension, the pair should target the 1.3484...
Read MoreEURUSD: Having rallied and broken the 1.3074 level and the 1.3197 level, EUR now looks to strengthen further with eyes on the 1.3375 level, its Dec 12’12 level. On further price extension, the pair should target the 1.3484...
Read MoreUSDCHF: The pair ended the week lower for a third week in row since turning off the 0.9591 level on Jan 09’2012. With that said, USDCHF faces the risk of further declines in the new week towards the 0.9063/75 level, its...
Read MoreGBPUSD: The pair continues to strengthen but the major break that the market and traders are looking to occur is the 1.5770 level, its Dec 21’2011 high. That level is very significant to GBP’s continued recovery...
Read MoreUSDJPY: The pair is now on a second day of sell off following its failure to continue its recovery strength started from the 76.54 level. It looks like USDJPY could be building up downside momentum with the possibility of...
Read MoreUSDCHF: The pair continues to weaken and remain vulnerable to the downside. This coming on the back of a break below the 0.9240 level, leaving USDCHF targeting further declines towards the 0.9175 level, its Dec 08’2011...
Read MoreAUDUSD: Having rallied and reversed its Tuesday losses on Wednesday, the pair continues to strengthen further in early trading. This suggests that AUDUSD is likely headed towards the 1.0749 level, its Oct 27’2011 high....
Read MoreGBPUSD: The pair continues to strengthen following through higher on Wednesday and opening the door for further upside momentum. With the 1.5666 level, its Jan 03’2012 high now violated, the threat is for a full recapture...
Read MoreGOLD: With Gold turning sharply higher and reversing its Tuesday losses during Wednesday trading session, the risk is for the commodity to strengthen further towards the 1,714.55 level. Its present upside offensive is coming on...
Read MoreEURJPY- With the cross sitting firmly above its key resistance at the 100.75 level and pressing further, the risk of recapturing the 102.52 level, its Dec 21’2011 low is now building up. This is coming on the back of a...
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