A follow – through higher on its Thursday strength has seen EUR pushing through the 1.3735 level, its Mar 03’10 high and challenging the 1.3787 level, its Feb 17’10 high in today’s trading today. A decisive break and hold above the 1.3787 level will propel the pair further higher towards…

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EURUSD: Recaptures The 1.3735 Level, Challenges The 1.3787 Level

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

Price action has seen very thin trading volumes lately, stopping the pair from moving too far either way. This is happening as cadstruggles to push below the 1.0200 area, the main support zone of the last 19-months of trading. In order to break and hold lower from this point, Usd/Cad…

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Cad Gets Held In An Institutional Range