Monday October 17, 2005
EUR-USD

1.2086. It should trade higher to 1.2137 while 1.2057 or 1.2032 offers support. Stop loss below 1.2007 zone.

USD-CHF

1.2833. Current fall seems to be over near 1.2806 or 1.2759 for a rebound towards 1.2853 - 1.2890 area.

USD-JPY

114.01. There is bearish potential for a fall to 113.61 while 114.26 - 114.46 resist. After this fall a recovery up to 114.46 or 114.65 is expected.

GBP-USD

1.7700. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7705 or 1.7853 if support around 1.7631 hold. After which a pullback to 1.7631 - 1.7593 zone is possible.

EUR-CHF

1.5510. It should trade higher to 1.5528 while 1.5501 or 1.5492 offers support. Stop loss below 1.5482 zone.

EUR-JPY

137.79. Current upmove should be over between137.86 and 137.73. A correction down to 137.27 is anticipated. A break of 137.99 is bullish.

EUR-GBP

0.6830. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.6827 or 0.6817. Major support is clustered around 0.6800 limit.

AUD-USD

0.7521. It may attempt a test higher to 0.7531 - 0.7544 after which weakness may set it to a drift down to below 0.7495 limit.

USD-CAD

1.1857. While below 1.1903 it is more likely to fall further towards 1.1826 or 1.1803. Premature rise above 1.1903 could see it rising above 1.1948 zone.


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