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Archive for the ‘Spot Market’ Category

It's likely that USDCAD will decline. A break above (1.00510) could be a threat to the bearish scenario targeting (1.01806) even (1.02206). On the downside, immediate support is at (0.99622). Break below that area should keep the major bearish scenario intact testing (0.98692) area

Currently, further bullish actions could be seen on AUDUSD. A break below (1.05822) could be a threat to the bullish scenario targeting (1.04553) even (1.04203). On upside. Immediate resistance is at (1.06693). A close above that area should keep the major bullish scenario intact testing (1.07637) area.

We can say that additional bearish movements could be seen during current session, particularly if it succeeded to maintain prices below (0.92383) zones. A proper confirmation would occur if the USDCHF will manage to fall beyond the (0.90797) support level.

We see high chances of the pair move down gradually towards (0.98831 – 0.98431). A proper confirmation would occur if the USDCAD will manage to close below the (0.99494) support over today`s trading session.

USDJPY general trend is to the upside. Break below (77.192) may trigger further fall of the USDJPY. Going above nearest support level at (78.238), however, would confirm continuation of the bullish trend, towards next objective upwards (78.845).

Currently, further bullish actions could be seen on NZDUSD. A break below (0.80310) could be a threat to the bullish scenario targeting (0.80453) even (0.80106). On upside. Immediate resistance is at (0.82465). A close above that area should keep the major bullish scenario intact testing (0.83278) area.

Weakness in USDCHF is likely to continue. We see a less chances of an immediate rise on the instrument for short-term technical outlook. Next downside barriers follow (0.91666) at (0.91177) and (0.90315).

GBPUSD general trend is to the upside. Break below (1.55192) may trigger further fall of the GBPUSD. Going above nearest support level at (1.57701), however, would confirm continuation of the bullish trend, towards next objective upwards (1.59189).

We see high chances of the pair move up gradually towards (1.31266 – 1.31904). A proper confirmation would occur if the EURUSD will manage to overcome the (1.30811) resistance over today`s trading session.

Currently, further bullish actions could be seen on GBPUSD. A break below (1.55270) could be a threat to the bullish scenario targeting (1.53770) even (1.53212). On upside. Immediate resistance is at (1.56876). A close above that area should keep the major bullish scenario intact testing (1.58425) area.

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SP500 Analysis 2012-

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FTSE100 Analysis 201

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USDCAD Analysis 2012

It's likely that USDCAD will decline. A break above (1.00510) could be a [...]

AUDUSD Analysis 2012

Currently, further bullish actions could be seen on AUDUSD. A break below [...]

EURJPY Analysis 2012

We can say that additional bullish movements could be seen during current session, [...]