AUDUSD bears and bulls concentration around support level at 0.8966
Tue, Nov 3 2009, 14:42 GMT
by Tomas Cedavicius
- EURUSD Bears remains in the same position like in the previous document. Short positions are on a table.
- GBPUSD Bulls did try to climb above support, however this movement wasn't successfully and for now bears have more chances.
- NZDUSD Support level was broken, but bulls quickly recovered the price. But selling opportunities stands in better position.
- USDCHF Positive movement was confirmed. Buying options remain for this pair.
- USDCAD Despite the bounces for this pair, situation is positive and buying options are better to take, however long positions should be done with a care.
- USDJPY Bears still are in good shape, however selling actions are more risky now.
