Friday September 16, 2005


EUR-USD


1.2223. Market should pop up towards 1.2278 or 1.2332 this bullish scenario would be damaged if 1.2190 - 1.2186 zone is broken, a severe break down could then occur.

USD-CHF

1.2676. Current rise seems to be over near 1.2686 or 1.2723 for a retracement towards .2649 - 1.2625 area.

USD-JPY

110.64. It should be subject to more sell off towards 110.29 or 109.95. Corrective upward swings should face resistance around 111.04 area. A break of 110.96 is bullish.

GBP-USD

1.8060. Market should meet resistance at 1.8115. We expect then an extended move down to 1.7998 -1.7895 area.

EUR-CHF

1.5494. Market looks set for gains towards 1.5513 or above in extension. Dips should find support at 1.5482 zone.

EUR-JPY

135.23. It should test 135.39 area after which a sell off down to 134.61 or extended to 134.00 area is expected.

EUR-GBP

0.6768. It should trade higher to 0.6789 while 0.6752 or 0.6742 offers support. Stop loss below 0.6732 zone.

AUD-USD

0.7666. Current fall seems to be over near 0.7660 or 0.7640 for a rebound towards 0.7680 - 0.7693 area.

USD-CAD

1.1849. Strength can extend to 1.1873 or even higher than 1.1899 as declines are expected to find support at 1.1823 or 1.1798. Stop Loss below 1.1746 zone.


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