Monday October 3, 2005




EUR-USD


1.2021. While below 1.2036 - 1.2056 it might drop to 1.1981 or below 1.1942 zone.


USD-CHF


1.2942. It looks set for gains to above 1.2996. Supports at 1.2898 and 1.2925. A break of 1.2871 will damage this bullish structure.


USD-JPY


113.49. Current rise seems to be over near 113.59 or 113.81 for a retracement towards 113.36 - 113.21 area.


GBP-USD


1.7643. It is a triangle configuration . Market should break either side.Acceleration should occur above 1.7732 or under 1.7566 limits.


EUR-CHF


1.5559. It should be subject to more sell off towards 1.5532 or 1.5505. Corrective upward swings should face resistance around 1.5565 area. A break of 1.55965 is bullish.


EUR-JPY


136.43. Strength can extend to 136.64 or even higher than 136.86 as declines are expected to find support at 136.20 or 135.98. A fall below 135.53 could turn it bearish.


EUR-GBP


0.6814. Decline should be supported around 0.6802 - 0.6791 zone for rally to above 0.6851. A clear break of 0.6791 will damage this expected rally.


AUD-USD


0.7623. Current upmove should be ended around 0.7649 - 0.7675. Any correction consolidation should find support in 0.7617 - 0.7604 zone.


USD-CAD


1.1624.It should see a sell off to below 1.1561 while 1.1651 area curtails its upside. A break beyond 1.1713 will abort the downside.





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