EURGBP short term upswings are expected

Tue, Feb 9 2010, 14:56 GMT
by Tomas Cedavicius


AUDUSD - Bulls did manage to recover, however negative trend is still valid. Short term upswings are expected.

EURUSD - A jump above resistance didn't influence bears side, however bulls showed first signs of recovery. Despite this action, negative trend remains active.

EURGBP - Bulls still hold above resistance level, short term upswings are expected now.

NZDUSD - Despite the recent bulls attempt to break resistance, bears overcome bulls again. Waiting action still is better option to confirm a possible breakout by resistance barrier