EUR/GBP

EUR/GBP

3rd September , 2010
Current level - 0.8312

Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.   
 
Intraday: we didn't get the follow through in the breakout we expected to conside a change of direction. Staying bearish unless we see this weeks close above 0.8350 level.
resistancesupport
intradayintraweekintradayintraweek
0,83470,83000,83000,8100
0,84000,84100,82330,8000

USD/CAD

USD/CAD

3rd September, 2010
Current level - 1.0543

Long term bias for the USD/CAD remains neutral, a solid base is now formed a around parity level.

Intraday:  trading on the lower band of the range 1.0470 - 1.0650 and finding solid resistance in 1.0550/60 level. Short below 1.0470 to target the 200 MA and trendline support at 1.0400.  
resistancesupport
intradayintraweekintradayintraweek
1.05501.06901.05001,0000
1.06001.07001.04700.9900

GBP/JPY  

GBP/JPY

3rd September, 2010
Current level - 129.93

Long term bias remains bearish and breaking through the previous year lows keeps the bears in control of the pair.

Intraday: confined in a tighter range between 128.80 - 131.00. Warns a breakout to the donwside whilst staying below 131.00.
resistancesupport
intradayintraweekintradayintraweek
130.00134.40129.10131.00
131.00137.80128.80130.00