USDJPY silent situation continues

Mon, Mar 1 2010, 14:56 GMT
by Tomas Cedavicius


AUDUSD - It looks like resistance barrier still holds bulls from further climbing. At the moment waiting action remains, just above resistance look for buying opportunities

EURUSD - Look for selling options below support level. Negative trend remains active.

EURGBP - Sharp spike is formed, short term downswings expected for now.

NZDUSD - Despite the recent bearish movement downside, bulls did manage to recover the price. Waiting action holds for now.

USDCAD - Look for selling options under support barrier. Even though bears are confident now, neutral situation stays.