Direction of the USAD is still unclear in the days ahead however we do still have opportunity on some pairs.

Euro/gbp is moving towards very strong resistance at 8865 and shorts recommended while below this area.

Early indicators suggest usa/cad may be about to reverse higher in the days ahead with 1.0900 a possible entry for longs.

For a complete look at the trades for September 1, 2009 please click on the enclosed link