GOLD: While GOLD continues to hold below its medium term trendline and its daily 200 ema, our broader outlook remains to the downside. This will leave risk towards the 1,527.05 level where a breach will resume its broader medium...
Read MoreEURGBP- With further declines seen the past week, EURGBP looks to extend further weakness towards the 0.7691 level, its Oct 2008 low. Below here if seen could see EURGBP pushing further lower towards the 0.7594 level. Its weekly...
Read MoreEURUSD: EUR continues to maintain its downside outlook as it sold off the past week, opening the door for more declines. The risk is for the pair to decline further towards the 1.2149 level, its Jun 27’2010 low. EUR may...
Read MoreUSDCHF: With the pair returning above the 0.9873 level the past week, further upside is envisaged as we enter a new week. In such a case, the 0.9932 level, its 200 weekly ema will be targeted with a breach turning risk towards...
Read MoreUSDJPY: With USDJPY bearish and vulnerable, further declines is likely with a decisive break of the 78.66/61 levels expected to trigger further declines. The next downside target stands at the 78.00 level. On further weakness...
Read MoreEURUSD: While a clear corrective recovery higher is not seen, EUR faces downside risk. This view remains intact while it holds below 1.2407 level. The big risk is for the pair to return to the 1.2162 level. Below here will...
Read MoreAUDUSD: With AUDUSD breaking and holding above the 1.0327 level, its July 05’2012 high and following through above the 1.0400 level on that strength during Thursday trading session, further bull pressure is expected. In...
Read MoreUSDJPY: While USDJPY trades and holds below its falling trendline and daily 200 ema, risk continues to point lower. It followed through lower in early trading today on the back of its Wednesday bearish close. With USDJPY...
Read MoreEURGBP- We continue to hold our downside view on EURGBP though seen hesitating after testing a low of 0.7828 during Wednesday trading session. This leaves EURGBP vulnerable towards the 0.7806 level, its Oct 26’2008 low...
Read MoreEURUSD: Unless a meaningful corrective recovery is staged, EUR still faces downside risk. As long as it holds below 1.2407 level, it looks to return to the 1.2162 level. Below here will resume its broader weakness towards the...
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