Thursday October 20, 2005
EUR-USD

1.1992. Market should hold major support at 1.1886 before rising towards 1.2039 or even 1.2086 limit.

USD-CHF

1.2948. Preferred view is for a fall to below 1.2894 while 1.2948 - 1.2984 area resists. A clear break of 1.3039 would be bullish.

USD-JPY

115.45. Preferred view is for a fall to below 115.14 while 115.45 - 115.57 area resists. A clear break of 115.87 would be bullish.

GBP-USD

1.7654. It should trade higher to 1.7741 while 1.7582 or 1.7539 offers support. Stop loss below 1.7496 zone.

EUR-CHF

1.5526. One more dip to 1.5513 is likely followed by a grind higher to above 1.5533. After which it can resume his downtrend.

EUR-JPY

138.43. It may attempt a test higher to 138.50 after which weakness may set it to a drift down to below 137.87 limit.

EUR-GBP

0.6792. Market should not go lower than 0.6769. After this move down it should go up to 0.6791 - 0.6807 area.

AUD-USD

0.7501. It should trade higher to 0.7530 or above 0.7560 in extention. Supports at 0.7470 and 0.7485. Stop loss below 0.7455 zone

USD-CAD

1.1751. There is bearish potential for a fall to 1.1717 while 1.1768 - 1.1786 resist. After this fall a recovery up to 1.1786 or 1.1803 is expected.


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