Technical Analysis

GOLD: Strengthens Further, Pushes Through The 1,762.50 Level.

GOLD: The commodity rallied strongly during Wednesday trading session breaking through its key resistance at the 1,762.50 level, its Dec..

USDJPY: The pair now looks to return to the 81.47 level, its July 08’2011 high. This is coming on the back of its continued upside..

EURUSD: Although hesitating, EUR remains biased to the upside with eyes on the 1.3322 level traded on Feb 09’2012. A break of here..

EURGBP- Except we see a return above the 0.8409/21 levels, the risk is for EURGBP to retarget its key support located at the 0.8263 level...

USDJPY: Our outlook on USDJPY remains higher as long as it holds above the 78.18/27 levels. With the pair now holding above the 79.49..

USDCAD: Outlook for USDCAD continues to point lower following its inability to follow through higher the past week. This development now..

USDCHF: The risk for USDCHF continues to point lower as it looks to return to the 0.9091 level where a decisive violation will set the..

CRUDE OIL: The commodity has closed above its key resistance at the 103.38 level, leaving it targeting further upside towards the 104.60..

USDCAD: Outlook for USDCAD continues to point lower following its inability to follow through higher on the back of its previous week..

EURUSD: The pair remains susceptible to the downside and may return to its last week low at 1.2975 following a lower close at the end of..