EUR/GBP

EUR/GBP

September 8 , 2010
Current level - 0.8218

Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.   
 
Intraday: reversing from the 100MA around 0.84 handle,we didnt get support in the bearish trendline in form of a pullback and we are getting the expected downtrend continuation move for a retest of 0.82s
resistancesupport
intradayintraweekintradayintraweek
0,82330,83000,82000,8100
0,83000,84100,81400,8000

USD/CAD

USD/CAD

September 8, 2010
Current level - 1.0459

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

Intraday: strong resistance between 1.0480 and 1.0510. BoC Interest Rate will determine todays move. Whilst below this resistance area mainting our bearish view, on the upside we're switching to bullish on a break above 1.0520s.
resistancesupport
intradayintraweekintradayintraweek
1.04901.06901.04501,0000
1.05101.07001.04000.9900

GBP/JPY

GBP/JPY

September 8, 2010
Current level - 128.97

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

Intraday:  the break below support level in 128.60 triggered stop loss orders pushing price to 128 handle without getting the follow through expected. This rebound should find resistance exactly at minor trendline resistance in 130.00 area
resistancesupport
intradayintraweekintradayintraweek
130.00134.40128.00131.00
130.50137.80127.60130.00