Simple Moving Averages Contain The Yen

Thursday, March 11th, 2010

The Usd/Jpy is trading back in the 90.00 area, flanked by the 20, 50 and the 100-day moving averages. This area has limited the pair’s moves. If Usd/Jpy finds the necessary momentum to push higher, it might reach the 92.50 area.

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Simple Moving Averages Contain The Yen

GBP/USD Stabilizes Around 1.50

Tuesday, March 2nd, 2010

Technically speaking, we’ve formed some new uptrend lines for the Cable to compensate for yesterday’s selloff.

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GBP/USD Stabilizes Around 1.50

GBP/USD Dives Lower After Election Poll

Monday, March 1st, 2010

Technically speaking, we’ve formed some new uptrend lines for the Cable to compensate for today’s selloff. Our uptrend lines run through 4/30/2009 levels, or the 1.47-1.48 area.

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GBP/USD Dives Lower After Election Poll