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GBP-USD: Risk Still Points to Downside
Despite the pair's price hesitation on Friday following its Thursday selloff to a low of 1.6078, it continues to retain its downside bias triggered at the 1.6875 level, its Nov 16'09 low.
01:50PM 12/19/09
EUR-JPY: Reverses Gains, Looks Lower
EUR-JPY remains susceptible to the downside toward the 128.77 level.
10:14AM 12/17/09
The pair has established a firm hold below 1.4625 and risk is now for a move toward the 1.4500 psychological level.
10:45AM 12/16/09
Having closed lower on Tuesday, the pair continues to slide and likely will target the 0.8943 and 0.8904 levels.
09:15AM 12/16/09
EUR-USD: Further Weakness Seen
Now that the pair has violated the 1.4625 level, it appears headed for further declines.
10:20AM 12/15/09
EUR-GBP: Still Losing Momentum
The pair appears headed for 0.8970 and then 0.8832.
03:49PM 12/13/09
EUR-USD: More Declines in Store
With the pair having violated its important swing low at the 1.4625 level, risk has turned to the downside.
05:38PM 12/12/09
The pair could be on its way to a third-day of weakness as a loss of upside momentum continues to put it under pressure.
09:45AM 12/11/09
The pair is likely to trade lower and could retarget its medium-term swing low at 1.0204.
08:49AM 12/10/09
Currency Pairs: GBP-USD Still Vulnerable
Here is a technical view of the major pairs.
11:41AM 12/09/09
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