USDJPY remains negative under Support Level at 90.41

Fri, Sep 25 2009, 13:53 GMT
by Tomas Cedavicius


  • EURUSD Selling options remains, bears are controlling the situation while resistance stays valid.
  • GBPUSD This pair is still heading towards the support level. Bears are in good shape.
  • NZDUSD A break of resistance level the strength of bulls wasn't hold for a long time and bears pulled back the candles at the first stage. Neutral remains for this pair.
  • USDCHF Has reached almost the resistance level, and bulls can get easily more strength by breaking this barrier at 1.0319. Further bouncing can be expected between support and resistance. Waiting is better option with buying possibilities.
  • USDCAD Buying actions remains. Bulls has more confidence above the resistance level. If bulls can keep up for longer time, a sharp movement upside can occur.
  • USDJPY By breaking the support level selling was initiated and bears came back on road. Look for selling options under support level.