USDJPY is moving towards support level at 89.55
Fri, Nov 6 2009, 14:35 GMT
by Tomas Cedavicius
- EURUSD Two previous sharp candle movements didn't affect this pair at all. Bulls still are trying to climb towards resistance.
- GBPUSD Bulls couldn't keep up such strength anymore above resistance. But while support line holds, bulls are in safe zone.
- NZDUSD Boring situation remains, waiting is better option.
- USDCHF This pair is still trapped between two barriers. Waiting situation remains.
- USDCAD After a breakout of resistance, this pair has extended their prior moves with enormous positive strength. Buying options are on a table.
- USDJPY Very sharp movements downside occurred, however neutral zone is still valid.
