Tuesday September 20, 2005
EUR-USD

1.2141. It should test higher than 1.2177. Entry point are at 1.2121 and 1.2103. A break of 1.2065 is bearish.

USD-CHF

1.2785. One move lower to 1.2742 or 1.2698 is anticipated while below 1.2798 - 1.2820 area. Stop loss above 1.2854 zone.

USD-JPY

111.53. Current rise should end around 111.46 or 111.75. Objectives of this downmove are 111.24 or 110.95. A rise above 111.97 is again bullish.

GBP-USD

1.8023. Market should hold major support at 1.7950 before rising towards 1.8068 or even 1.8114 limit.

EUR-CHF

1.5523. It should trade higher to above 1.5540 while 1.5511 offer support. Minor support at 1.5503. Stop Loss below 1.5466 zone.

EUR-JPY

135.40. Current fall is near an end of wave around 135.01 - 135.39 zone, a rally should then procede to above 135.59 or 135.79. Fall below 134.63 would cancel this scenario.

EUR-GBP

0.6737. It may meet resistance in 0.6737 - 0.6739 zone for a drift down to 0.6731 zone, after which bounce to 0.6747 is anticipated.

AUD-USD

0.7670. Market should hold major support at 0.7625 before rising towards 0.7694 or even 0.7719 limit.

USD-CAD

1.1678. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1623 or 1.1616. Major support is clustered around 1.1543 limit.


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