USDJPY erratic situation continues

Fri, Mar 19 2010, 08:44 GMT
by Tomas Cedavicius


AUDUSD - Silent situation remains active, while support level holds look for buying options. However just above resistance barrier, bulls can extend their positive movement.

EURUSD - Concentration continues near support barrier, low trading range is formed. Waiting action remains.

EURGBP - Despite the recent sharp bullish activity towards resistance, neutral situation is active. Look for buying possibilities after a breakout of resistance barrier.

NZDUSD - Bulls are controlling the current situation while candles stay above support at 0.7187 price level. Waiting action is better option for now.

USDCAD - Bears side is in danger whereas bulls side is recovering. At the moment waiting action holds to confirm further bulls actions.