EURUSD: Targeting The 1.3720/38 Levels. EURUSD: Our call for short term uptrend continuation continues to play as out as EUR closed higher Tuesday and was seen heading higher in early morning trading today. This price...
Read MoreEURUSD: Outlook Still Pointing Higher. EURUSD- Although its first week of weakness registered the past week following its rise off the 1.2886 level remains suggestive of further declines, EUR still retains its short term uptrend...
Read MoreEURUSD: Strengthening With Eyes On The 1.3738 Level. EURUSD: With strength continued to be seen following its recent sharp rally, risk of further upside remains on the cards with 1.3738 level being targeted. As long as EUR...
Read MoreGBPUSD: Eyes The 1.5440 Level And Beyond. GBPUSD: Although another strong resistance lies at the 1.5373 level, its Jan 08’09 high, an invalidation of there is expected to activate a run at the 1.5440 level where its 200...
Read MoreBreaks and Holds The 54.67 Level CRUDE OIL(Futures): Having hesitated for five weeks since hitting a high of 54.67 on Mar 26’09, Crude Oil cleanly broke and closed above that resistance level the past week to close higher...
Read MoreEURUSD: Hesitation To Upside Bias EURUSD: Although a positive close was registered on Thursday , EURUSD must break and hold above its daily 200 ema currently at 1.3434 to continue its recovery triggere off the 1.2884 level, its...
Read MoreAUDUSD: Resumes Its Short Term Uptrend. AUDUSD: The pair continues to build on its recent upside recovery reversing its intra-day losses to close higher at 0.7481 on Wednesday. Risk for additional upside gains has opened towards...
Read MoreEURUSD: Channel Top Continues To Provide Resistance. EURUSD: Although tests of higher prices above the pair’s declining channel have been occurring, its inability to maintain those gains has kept its declining channel...
Read MoreUSDCAD: Threats Remain To The Downside. USDCAD: As a challenge on the 1.1995/82 zone, its April 16’09 low/daily 200 ema was seen on Wednesday and a continuation of that weakness saw the pair weakening in early trading...
Read MoreGOLD: Testing Declining Channel Top GOLD: While GOLD has confirmed its double bottom pattern and headed higher in continuation of its recovery from the 865.90 level, its April 20’09 low, it was seen running into overhead...
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