USDCAD: With an end to its recovery seen following a sell off on Wednesday and a follow through lower on Thursday, the pair faces the threat of a return below the 1.0064 level. This level is now being testing, suggesting an...
Read MoreAUDUSD: With AUDUSD rallying off the 1.0177 level to close higher on Wednesday, price extension is likely. In such a case, the 1.0442 level will be targeted with a clearance of there allowing for more strength towards the 1.0473...
Read MoreGBPUSD: The pair remains pressured to the downside with the risk of a recapture of the 1.5391 level seen. Despite its present price hesitation after testing a low of 1.5484 level during Wednesday trading session, this view...
Read MoreUSDCHF: The pair is now seen backing off higher prices following its recent run to the upside but as long as it holds and trades above the 0.9744 level, its medium term outlook remains intact. However, a recapture of the 0.9970...
Read MoreGBPJPY – Our outlook on GBPJPY continues to point the downside as it is remains bearish and vulnerable to the downside. In such a case, the 120.00 level comes in as the next target. On continued weakness, the cross will...
Read MoreGBPJPY – With GBPJPY bearish and vulnerable to the downside, the risk is for more declines to occur. In such a case, the 120.00 level will be targeted .On continued weakness, the cross will target the 119.00 level, its...
Read MoreEURUSD: Price hesitation may be occurring but EUR continues to hold on to its broader downside bias. This view remains intact while it maintains below 1.2407 level. The big risk is for the pair to return to the 1.2162 level....
Read MoreUS Dollar Index: Although the Index is hesitating, it continues to maintain its broader medium term upside with eyes on the 84.00 level. A clearance of there will pave the way for a run at the 84.55 level. Further out,...
Read MoreUSDCHF: With the pair returning above the 0.9873 level the past week and following through higher to test the 0.9932 level, its 200 weekly ema during Monday trading session today, the broader risk is for USDCHF to target its...
Read MoreUSDJPY: With USDJPY bearish and following through lower on the back of its past week losses in early trading today, the risk is for more declines to occur towards its Jun 04’2012 low at 77.98. On continued declines below...
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