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USD CAD awaits the reversal 19/11/2012
The pair still stable near to 1.0030 and attempting to maintain the stability below, which encourages us to continue in our expected bearish bias on the intraday and short basis.
The main waited target is attacking 0.9885 and attempting to breach it to ease the way towards 0.9700, while breaching above 1.0030 is considered as an annulment factor for the proposed bearish scenario.
Expected trading range for this week is between: 0.9650 support and 1.0100 resistance.
Expected trend for today: Bearish
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USD JPY settles positively 19/11/2012
The pair maintains its’ weekly stability above 80.70 which was breached recently, to add more confirming for the expected bullish bias continuation on the intraday basis.
MoreGBP USD breaches 19/11/2012
The pair was able to breach 1.5900 within this day and week opening, which opens the way for visiting the bearish correction channel resistance at 1.6020
MoreEUR USD awaits the confirmation 19/11/2012
The pair still stuck between the retest levels, for the double top pattern at 1.2800 and the falling wedge which moving lower now towards 1.2645, while surpassing one of these level is needed in order to confirm one of them superiority over the other.
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