USDJPY low trading range continues

Fri, Sep 3 2010, 07:24 GMT
by Tomas Cedavicius


AUDUSD - It looks like bulls have issues to continue climbing towards new highs. Look for selling options below support level.

EURUSD - Bulls looking forward to extend their previous rally, however neutral situation is still valid.

EURGBP - Bulls showed recently very strong power, however, bears trying to decline the price now. Buying options are still on a table.

NZDUSD - Bulls recovering easily back to resistance, if bulls won't manage to breakout at resistance look for a rebound back to support barrier.

USDCAD - Resistance barrier holds bulls side from further climbing. Waiting action is better option for now.