Wednesday September 14, 2005


EUR-USD

1.2266. It may meet resistance in 1.2266 - 1.2279 zone for a drift down to 1.2228 zone, after which bounce to 1.2292 is anticipated.

USD-CHF

1.2614. One move lower to 1.2560 or 1.2506 is anticipated while below 1.2627 - 1.2654 area. Stop loss above 1.2694 zone.

USD-JPY

110.65. While below 111.04 it is more likely to fall further towards 110.39 or 110.19. Premature rise above 111.04 could see it rising above 111.44 zone.

GBP-USD

1.8223. Is expected to fall lower than 1.8152. Entry sell point are at 1.8237 or 1.8255 . Stop loss above 1.8255.

EUR-CHF

1.5473. Current rise should end around 1.5468 or 1.5492. Objectives of this downmove are 1.5449 or 1.5425. A rise above 1.5511 is again bullish.

EUR-JPY

N/C

EUR-GBP

0.6732. It should register gains to 0.6746. Corrective decline should be supported in 0.6729 - 0.6718 area. Stop Loss below 0.6705 zone.

AUD-USD

0.7684. Current fall is near an end of wave around 0.7653 - 0.7672 zone, a rally should then procede to above 0.7697 or 0.7705. Fall below 0.7650 would cancel this scenario.

USD-CAD

1.1816. While above 1.1797 - 1.1767 zone a corrective upmove could test 1.1850 or 1.1874. After which it should resume its downtrend.


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