Thursday October 6, 2005
EUR-USD

1.1974. Current rise seems to be over near 1.1981 or 1.2003 for a retracement towards 1.1959 - 1.1945 area.

USD-CHF

1.2929. Market should meet resistance at 1.2957. We expect then an extended move down to 1.2899 -1.2844 area.

USD-JPY

114.00. It may attempt a test higher to 114.21 after which weakness may set it to a drift down to below 113.58 limit.

GBP-USD

1.7622. Current rise should end around 1.7619 or 1.7664. Objectives of this downmove are 1.7578 or 1.7533. A rise above 1.7705 is again bullish.

EUR-CHF

1.5481. We prefer to see an attempt to below 1.5468 or below 1.5454 in extension. A clear break of 1.5500 is bullish.

EUR-JPY

136.49. It should consolidate between 136.07 and 136.70. A break of one of these points would cause further bullish or bearish move.

EUR-GBP

0.6794. It should trade higher to 0.6803 while 0.6787 or 0.6783 offers support. Stop loss below 0.6779 zone.

AUD-USD

0.7564. Market should meet resistance at 0.7587. We expect then an extended move down to 0.7542 -0.7495 area.

USD-CAD

1.1823. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1901 or 1.1926 if support around 1.1791 hold. After which a pullback to 1.1791 - 1.1766 zone is possible.

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