GBPUSD: Bear Pressure Still On Course

Thursday, September 2nd, 2010

As highlighted in our Wednesday analysis, the pair may have halted its weakness after failing to follow-through lower and headed higher but it continues to retain its bearish nearer term outlook.

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GBPUSD: Bear Pressure Still On Course

EURUSD: Recovery To Target The 1.2921 Level

Wednesday, September 1st, 2010

With a rally seeing the pair pushing above its minor resistance at the 1.2770 level, its Aug’27′10 high, recovery strength could be developing towards its Aug 18′10 high at 1.2921.

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EURUSD: Recovery To Target The 1.2921 Level

EUR/USD – Will Volatility Tighten Ahead of NFP?

Tuesday, August 31st, 2010

This is a follow up to this mornings EUR/USD update, where I was stalking the correction rally. So far the market has held the pair below 1.2740, an important area as I mentioned.It has become a pivot for a decline in the US session. The decline now tests the 1.2670

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EUR/USD – Will Volatility Tighten Ahead of NFP?