Realtime Forex Daily Market Comment
Monday September 26, 2005
EUR-USD
1.2047. Support at 1.2045 or 1.1964 should hold the downside for a correction to above 1.2126 zone.
USD-CHF
1.2920. Currently uptrend should end around 1.3010 - 1.2970 area. A correction down to below 1.2823 is expected. A rise above 1.3020 will abort the expected correction.
USD-JPY
112.45. Current rise seems to be over near 112.46 or 112.87 for a retracement towards 112.04 - 111.84 area.
GBP-USD
1.7775. It may meet resistance in 1.7775 - 1.7821 zone for a drift down to 1.7637 zone, after which bounce to 1.7853 is anticipated.
EUR-CHF
1.5564. Current rise should end around 1.5557 or 1.5579. Objectives of this downmove are 1.5543 or 1.5521. A rise above 1.5593 is again bullish.
EUR-JPY
135.47. Market should hold major support at 134.68 before rising towards 135.86 or even 136.24 limit.
EUR-GBP
0.6777. Decline should be supported around 0.6766 - 0.6755 zone for rally to above 0.6809. A clear break of 0.6755 will damage this expected rally.
AUD-USD
0.7573. It may meet resistance in 0.7573 - 0.7593 zone for a drift down to 0.7513 zone, after which bounce to 0.7604 is anticipated.
USD-CAD
1.1708. There are initial signs of a good corrective recovery towards 1.1733 or even 1.1749. Supports at 1.1696 and 1.1675 zone.
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