USDCAD concentration by support is extended

Thu, Mar 4 2010, 14:37 GMT
by Tomas Cedavicius


AUDUSD - AUDUSD bulls have found strength to recover by support barrier, however stronger movements can be expected just above resistance barrier.

EURUSD - While support and resistance level stay active further jumping is possible.

EURGBP - Boring movement, no strong activity. Time to drink coffee.

NZDUSD - Support barrier holds bears from further falling, at the moment short term upswing back to resistance is expected. However, neutral situation still holds.

USDCAD - Look for selling options below support level, waiting action holds while support breakout is not confirmed.