November 11th, 2009 00:24:13 GMT

GBPUSD: talk of stops above 1.6760

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The talk in Asia this morning is that there is a lot of stops above the 1.6760 level, all the way up above 1.6800, with market sitting short from yesterday’s Fitch comments.

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November 9th, 2009 23:31:33 GMT

USD looks set to continue its fall

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Both the USD/CHF and the GBP/USD have broken potential USD-bottoming patterns in recent days and now the EUR/USD and the AUD/USD are closing in on recent highs. Breaks above 1.5060 and .9325 respectively would leave only USD/JPY support at 87.10 … Continue reading

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