EUR/GBP
March 10, 2010
Current level-0.9090
4 hour chart
Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead.
Intraday: tested 0,9100 the euro bulls need to drill through this tough resistance to push up to 0,9150. The reference to keep an eye on is the 4 hour 50MA thats keeps supporting the pair.
March 10, 2010
Current level - 1.0280
4 hour chart
Long term bias for the USD/CAD remains neutral, trapped in a wide range between 1,0250 and 1,0750. Critical level at 1,0200 support zone, if we break to the downside parity is more than probable.
Intraday: the pair is testing channel support and is still unable to breach 1.0200 level. Key data today at 15:30 GMT: EIA Crude Oil Stocks change, if the data is bullish for oil, we could witness a massive sell off in usd/cad.
March 10, 2010
Current level- 134.22
1 Hour Chart
Long term bias remains bearish but since we reached 132,00 the pair is making higher highs indicating a possible short term bottom.
Intraday: we retraced to test 134.00 support which is the Fibonacci golden ratio 61,8% and while it stays above this level we could see some more upside over the next trading sessions.
March 10, 2010
Current level-0.9090
4 hour chart
Longer term bias remains neutral to bullish for the pair, closing above both bearish trendlines confirms some upside for the week ahead.
Intraday: tested 0,9100 the euro bulls need to drill through this tough resistance to push up to 0,9150. The reference to keep an eye on is the 4 hour 50MA thats keeps supporting the pair.
| resistance | support | ||
| intraday | intraweek | intraday | intraweek |
| 0,9150 | 0,9150 | 0,9050 | 0,8850 |
| 0,9100 | 0,9100 | 0,8980 | 0,8800 |
USD/CAD
March 10, 2010
Current level - 1.0280
4 hour chart
Long term bias for the USD/CAD remains neutral, trapped in a wide range between 1,0250 and 1,0750. Critical level at 1,0200 support zone, if we break to the downside parity is more than probable.
Intraday: the pair is testing channel support and is still unable to breach 1.0200 level. Key data today at 15:30 GMT: EIA Crude Oil Stocks change, if the data is bullish for oil, we could witness a massive sell off in usd/cad.
| resistance | support | ||
| intraday | intraweek | intraday | intraweek |
| 1.0325 | 1.0680 | 1.0235 | 1,0250 |
| 1.0370 | 1.0700 | 1.0200 | 1,0200 |
GBP/JPY
March 10, 2010
Current level- 134.22
1 Hour Chart
Long term bias remains bearish but since we reached 132,00 the pair is making higher highs indicating a possible short term bottom.
Intraday: we retraced to test 134.00 support which is the Fibonacci golden ratio 61,8% and while it stays above this level we could see some more upside over the next trading sessions.
| resistance | support | ||
| intraday | intraweek | intraday | intraweek |
| 134.20 | 140.00 | 134.00 | 132.00 |
| 136.00 | 141.00 | 133.00 | 131.00 |
