Wednesday September 21, 2005
EUR-USD

1.2115. It might hold above 1.2114 or around 1.2112 for a rise towards above 1.2166. Stop loss below 1.2088 zone.

USD-CHF

1.2821. Currently uptrend should end around 1.2854 - 1.2849 area. A correction down to below 1.2768 is expected. A rise above 1.2878 will abort the expected correction.

USD-JPY

111.96. Market looks set for gains towards 112.26 or above in extension. Dips should find support at 111.90 zone.

GBP-USD

1.7981. Prefer a fall to 1.7981 or 1.7946. Then a correction to 1.8032 is anticipated. A clear break of 1.7912 is again bearish.

EUR-CHF

1.5534. Current upmove should be over between1.5541 and 1.5532. A correction down to 1.5499 is anticipated. A break of 1.5550 is bullish.

EUR-JPY

135.64. It should trade higher to 136.02 or above 136.40 in extention. Supports at 135.40 and 135.59. Stop loss below 135.21 zone

EUR-GBP

0.6737. A drift to below 0.6726 or maximum 0.6716 is expected to precede a rally towards above 0.6744 or 0.6749. Fall below 0.6716 would be bearish.

AUD-USD

0.7664. It looks more likely that it would rise to above 0.7689 or 0.7701 from 0.7659 or 0.7640. After which a downside move to below 0.7616 is expected.

USD-CAD

1.1707. Is expected to fall lower than 1.1632. Entry sell point are at 1.1712 or 1.1730. Stop loss above 1.1730.


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