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Old 09-08-2005, 05:04 AM
nico3725
 
Posts: n/a
Default Realtime Forex Daily Market Comment

Thursday September 29, 2005
EUR-USD

1.2036. It may attempt a test higher to 1.2046 after which weakness may set it to a drift down to below 1.2000 limit.

USD-CHF

1.2923. While below 1.2917 or 1.2939 it could fall towards below 1.2866. Rise above 1.2953 could activate some bullish pattern.

USD-JPY

113.10. Decline should be supported around 112.84 - 112.58 zone for rally to above 113.70. A clear break of 112.58 will damage this expected rally.

GBP-USD

1.7679. Market should hold major support at 1.7580 before rising towards 1.7730 or even 1.7782 limit.

EUR-CHF

1.5555. It is likely to fall towards 1.5541 as its corrective rally could falter in 1.5565 - 1.5557 area. Stop above 1.5572 zone.

EUR-JPY

136.13. Current rise should end around 136.06 or 136.30. Objectives of this downmove are 135.88 or 135.64. A rise above 136.48 is again bullish.

EUR-GBP

0.6808. Corrective dips should halt near 0.6791 for one more thrust upwards towards 0.6815. Stop loss below 0.6773 zone.

AUD-USD

0.7591. Market looks set for gains towards 0.7613 or above in extension. Dips should find support at 0.7578 - 0.7567 zone.

USD-CAD

1.1740. It looks more likely that it would rise to 1.1798 from 1.1731 or 1.1702. After which a downside move is expected.

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