USDCHF: Builds On Bullishness, Price Extension Likely Towards 0.9340 And Beyond.USDCHF: With a rally putting the pair firmly above the 0.9180 level, its Sept 22’2011 high at the end of the week, USDCHF is going into the...
Read MoreGBPUSD: With a hammer generated recovery off the 1.5326 level triggering a fresh upside gains in early trading today, hope of further gains is developing. This will put the pair on the path of further recovery towards the 1.5661...
Read MoreUSDJPY: Although USDJPY continues to consolidation, it remains vulnerable to the downside while it holds below the 77.85 level. This leaves downside risk towards the 75.92 level, its 2011 low and beyond. The pair has been under...
Read MoreUSDCHF: While the pair may be facing bear threats on an attempt to strengthen further in early trading today, it continues to hold on to its short term uptrend. This leaves upside risk towards the 0.9292 level, its April...
Read MoreGOLD: Although Gold is vulnerable in the medium term, as long as it continues to hold above the 1,532.90/1,582.65 levels, its recent lows, immediate risk remains higher on correction. However, it will have to return above the...
Read MoreAUDUSD: With a reversal of its intra day losses seeing the pair closing marginally higher at the end of Tuesday trading session, AUDUSD has triggered a correction and now looks to strength further. This is coming on the back of...
Read MoreEURGBP- The cross triggered a recovery and wiped out its Monday losses on Tuesday opening the door for further upside offensive. On continued recovery, EURGBP will aim at the 0.8650/0.8710 levels (Sept 26’2011 low/Sept...
Read MoreUSDCHF: With the pair resuming its short term uptrend on Monday, further bullish offensive is now envisaged towards the 0.9292 level, its April 06’2011 high. Further out, key resistance stands at the 0.9340 level, its...
Read MoreGBPUSD: With the pair following through lower on the back of its Monday losses in early trading today, further bearishness is expected in the days ahead. This will leave the 1.5326 level as the next downside objective with a...
Read MoreEURJPY- With the cross selling off and breaching its Sept 26’2011 low at 101.91 today, further bearish momentum is now set to target the 100.00/99.87 levels, its July’2010 lows. However, price hesitation may occur...
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