Tuesday October 4, 2005




EUR-USD


1.1918. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1872 or 1.1869. Major support is clustered around 1.1820 limit.


USD-CHF


1.3016. Currently uptrend should end around 1.3051 - 1.3065 area. A correction down to below 1.2945 is expected. A rise above 1.3114 will abort the expected correction.


USD-JPY


114.14. Current upmove should be ended around 114.55 - 114.96. Any correction consolidation should find support in 113.96 - 113.76 zone.


GBP-USD


1.7548. It should register further gains to 1.7615 while 1.7500 caps downside attempts. Stop loss below 1.7453 zone.


EUR-CHF


1.5512. We prefer to see an attempt to below 1.5493 or below 1.5473 in extension. A clear break of 1.5536 is bullish.


EUR-JPY


136.02. While below 136.22 or 136.39 it could fall towards below 135.69 or 135.36. After which a corrective/consolidation activity is expected.


EUR-GBP


0.6791. Market should pop up towards 0.6817 or 0.6844 this bullish scenario would be damaged if 0.6773 - 0.6768 zone is broken, a severe break down could then occur.


AUD-USD


0.7628. Market looks set for gains towards 0.7645 or above in extension. Dips should find support at 0.7617 - 0.7609 zone.


USD-CAD


1.1658. It should test 1.1681 area after which a sell off down to 1.1629 or extended to 1.1599 area is expected.





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