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USDCAD bears under the 1.0660 price level are more confident

Wed, Nov 4 2009, 08:19 GMT
by Tomas Cedavicius

Investija.com


Investija.com

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  • EURUSD Low movements are formed to the top side, however negative trend is still valid and bears position stands better than bulls.
  • GBPUSD Despite the jumping back and forwards, this pair is still in boring state. However above 1.6575 price level, bulls will get back their lost confidence.
  • NZDUSD Bulls recovery is not strong enough to chance the direction for this pair. Selling options still remain.
  • USDCHF After sharp movements to the top side, a rebound occurred towards support level. For now, buying options should be done with a care.
  • USDCAD Despite the strong fall to the bottom, bulls are still controlling the situation. However buying options are risky to take for now.
  • USDJPY Selling options are still good to look for, but short position should be done with a care according to the recent bulls upside movement.


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