View Single Post
  #39 (permalink)  
Old 09-09-2005, 05:06 AM
nico3725
 
Posts: n/a
Default Realtime Forex Daily Market Comment

Friday September 30, 2005
EUR-USD

1.2031. It is a triangle configuration. Market should break either side. Acceleration should occur above 1.2076 or under 1.2006 limits.

USD-CHF

1.2939. It should be subject to more sell off towards 1.2889 or 1.2838. Corrective upward swings should face resistance around 1.2956 area. A break of 1.3006 is bullish.

USD-JPY

113.00. It should test 113.09 area after which a sell off down to 112.70 or extended to 112.40 area. is expected.

GBP-USD

1.7612. It should register gains to 1.7658. Corrective decline should be supported in 1.7602 - 1.7568 area. Stop Loss below 1.7525 zone.

EUR-CHF

1.5569. Any possible decline should be supported around 1.5550 - 1.5531 zone for rally to above 1.5609. A clear break of 1.5531 will damage this expected rally.

EUR-JPY

135.96. Our preferred outlook is for a drift down to 135.66 or below 135.37. Resistances are at 135.96 and 136.04. A rise above 136.33 would delay but not abort this expected fall.

EUR-GBP

0.6830. Currently uptrend should end around 0.6847 - 0.6841 area. A correction down to below 0.6813 is expected. A rise above 0.6852 will abort the expected correction

AUD-USD

0.7599. Resistances lie around 0.7612 and 0.7648. It should test lower towards 0.7576 zone. A clear break of 0.7594 would be bearish.

USD-CAD

1.1717. Market should pop up towards 1.1768 or 1.1819 this bullish scenario would be damaged if 1.1694 - 1.1684 zone is broken, a severe break down could then occur.

http://www.realtimeforex.com/na/daily-market-comments.forex?lang=eng