GBPUSD: While a two-day gain may have halted the pair weakness, it still closed lower in the past week suggesting its vulnerability.Unless a return above the 1.6546 level, its 2011 high occurs, we may see GBP turning lower below...
Read MoreUS Dollar Index: Weakens, Sets Up For The 72.69 Level. US Dollar Index: The Index remains bearish following through lower on the back of its Thursday losses during Friday trading session. This development has put the Index on...
Read MoreGOLD: On The Offensive With Eyes On The 1,550.00 Level GOLD: The commodity remains on the offensive pressing higher and increasing risk of a run at the 1,550.00 level, its psycho level.Its present offensive is coming on the back...
Read MoreEURUSD: Poised To Strengthen To 1.4083/1.4279 Levels EURUSD: Having With bullish momentum remaining intact and a follow through on the back of its last week gains underway, we are looking for an attack on its Nov...
Read MoreEURGBP- With a hammer formation triggering a strong bearish close the past week, risks of further declines are now seen as we enter a new week. This development has opened up further downside pressure towards its Jan...
Read MoreAUDUSD: Risk Developing Towards The 0.9848 Level. AUDUSD: The pair’s outlook continues to point to the upside after rallying for a fifth week in a row the past week following its recovery triggered from the 0.8772 level....
Read MoreEURGBP: Bearish Momentum Set To Continue. EURGBP- The cross recorded an extension of its bearish momentum the past week reversing its previous week losses and targeting additional weakness. This development has left EURGBP...
Read MoreGBPUSD: Biased To The Upside But Hesitating. GBPUSD: Although the pair continues to hold on to its bullish short term uptrend, an offered tone is now seen as it prepares to move towards its big psycho level at 1.6000....
Read MoreUSD/CAD: The pair may have backed off higher prices and turned lower but still retains most of its recovery gains started from its July 13’10 low at 1.0274. This suggests that on ending its current price hesitation,...
Read MoreAUDUSD: Bullish Momentum Brings 0.8858 Into Focus. AUDUSD: Having rallied strongly higher and reversed almost all of its losses started from the 0.8858 level, its Jun 21’10 high, upside risks are now building for a...
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