EURUSD: With EUR taking back its corrective recovery gains and selling off strongly during Wednesday trading session, risk of further downside weakness is likely to continue. This will leave the pair vulnerable to the downside...
Read MoreGBPUSD: A fresh weakness saw the pair cutting through the 1.5632 level, its Oct 18’2011 low in early trading today and setting the stage for further declines. GBP has been weakening since losing upside momentum at the...
Read MoreUSDJPY: The pair remains vulnerable to the downside for a return to its year-to-date low at 75.57 level despite its struggle to put in a temporary bottom. USDJPY has been under pressure since turning off lower off the 79.49...
Read MoreEURUSD: The pair may have halted its weakness and is attempting to recover higher but continues to retain its short term weakness theme. This leaves the risk of returning to the 1.3419 level, its Nov 17’2011 low on the...
Read MoreUSDCAD: With the pair pushing through and holding above its Oct 10’2011 high at 1.0264 level the past week and following through strongly during Monday trading session, further bull pressure is likely in the days ahead....
Read MoreEURJPY- The cross has followed through lower on the back of its past week losses and opened the door for downside pressure. In such a case, its support standing at the 102.72 level will come in as the initial support with a...
Read MoreAUDUSD: The pair has resumed its bearishness after a brief pause on Friday and now looks to recapture its immediate support at the 0.9865 level, representing its Oct 12’2011 low. A firm break of there will turn risk...
Read MoreGOLD: With Gold reversing its previous week gains to close lower the past week, risk of further declines in the new week is likely. This will leave Gold aiming at its Nov 01’2011 low at 1,680.75 where a violation will call...
Read MoreEURJPY- The cross has followed through lower on the back of its past week losses and opened the door for downside pressure. In such a case, its support standing at the 102.72 level will come in as the initial support with a...
Read MoreGBPUSD: GPB remains under pressure as it weakened further the past week and opened the door for further weakness in the new week. This is coming on the back of a violation of the 1.5874 level, its Nov 03’2011 low. This has...
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