The USDSGD pair looks to be firmly above the moving averages again and without any imminent announcements there could be some some room to run.
USD/SGD" title="USD/SGD" width="606" height="307">
oil/usd continues to climb.
oil/usd continues to climb and test the highs with no real interest to stop. Right now we see it here trading in this narrow upward channel testing the 123.00 levels.
usd/cnh continue to trade in this daily downward channel.
usd/cnh continue to trade in this daily downward channel but right now it seems like it is consolidating and building a base.
usdhkd through a daily trend-line.
USD/HKD" title="USD/HKD" width="550" height="455">
EUR/GBP pokes it’s head above .8400
GBP/USD his a session low of 1.57621 after EUR/GBP peeked above the .8400 handle with reports following that there were large stops in the market above .8410 in EUR/GBP. If resistance holds, we look back towards trend line support which currently comes in around .8375.
EUR/GBP H1" title="EUR/GBP H1" width="572" height="502">
There is added resistance at .8406 on the daily chart. The pair hasn’t had a daily close higher than this since December 13th; if this were to happen the next target would be .84527 the 38.2% on the move from the high on October 27th to the low on January 9th.
EUR/GBP" title="EUR/GBP" width="577" height="500">