Tuesday October 11, 2005
EUR-USD

1.2067. Market should pop up towards 1.2133 or 1.2200 this bullish scenario would be damaged if 1.2013 - 1.2008 zone is broken, a severe break down could then occur.

USD-CHF

1.2832. Strength can extend to 1.2852 or even higher than 1.2885 as declines are expected to find support at 1.2791 or 1.2764. A fall below 1.2697 could turn it bearish.

USD-JPY

114.10. Current upmove should continue up to 114.41 or 114.72. Any correction should find support in 113.98 - 113.83 zone.

GBP-USD

1.7564. It may meet resistance in 1.7564 - 1.7571 zone for a drift down to 1.7543 zone, after which bounce to 1.7599 is anticipated.

EUR-CHF

1.5484. Decline should be supported around 1.5473 - 1.5461 zone for rally to above 1.5525. A clear break of 1.5461 will damage this expected rally.

EUR-JPY

137.67. There is bearish potential for a fall to 137.39 while 137.82 - 137.96 resist. After this fall a recovery up to 137.96 or 138.10 is expected.

EUR-GBP

0.6870. Our preferred outlook is for a drift down to 0.6859 or below 0.6849. Resistances are at 0.6870 and 0.6880. A rise above 0.6890 would delay but not abort this expected fall.

AUD-USD

0.7591. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7600 or 0.7630 if support around 0.7586 hold. After which a pullback to 0.7586 - 0.7577 zone is possible.

USD-CAD

1.1761. It should test 1.1784 area after which a sell off down to 1.1733 or extended to 1.1704 area is expected.

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