Wednesday, August 11, 2010

Daily Analysis

AUDUSD - Bears slided below support, at the moment look for selling options while candlesticks stay at current level.

EURUSD - Bears did manage to plunge under support barrier, despite the current neutral situation look for selling possibilities.

EURGBP - Bears trying to overtake bulls strength by declining the price below support level. However, neutral situation stays active.

NZDUSD - Support barrier is still strong enough to hold bearish movement. Waiting action holds for now.

USDCAD - Bulls trying to recover after bearish strength, if bulls can manage to breakout at resistance, look for buying options and positive trend.

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