Wednesday October 5, 2005
EUR-USD

1.1918. It may meet resistance in 1.1918 - 1.1923 zone for a drift down to below 1.1875 zone.

USD-CHF

1.3015. Corrective dips should halt near 1.2990 for one more thrust upwards towards 1.3026. Stop loss below 1.2966 zone.

USD-JPY

114.24. Current rise should end around 114.21 or 114.42. Objectives of this downmove are 114.03 or 113.82. A rise above 114.60 is again bullish.

GBP-USD

1.7589. It should trade higher to 1.7636 or above 1.7683 in extention. Supports at 1.7552 and 1.7575. Stop loss below 1.7528 zone

EUR-CHF

1.5512. It may meet resistance in 1.5512 - 1.5515 zone for a drift down to below 1.5490 zone.

EUR-JPY

136.17. We prefer to see an attempt to below 135.9 or below 135.62 in extension. A clear break of 136.33 is bullish.

EUR-GBP

0.6775. Current fall is near an end of wave around 0.6754 - 0.6759 zone, a rally should then procede to above 0.6786 or 0.6791. Fall below 0.6754 would cancel this scenario.

AUD-USD

0.7636. Current upmove should be over between0.7641 and 0.7633. A correction down to 0.7604 is anticipated. A break of 0.7649 is bullish.

USD-CAD

1.1729. Current rise seems to be over near 1.1732 or 1.1764 for a retracement towards 1.1700 - 1.1683 area.

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