Friday October 21, 2005
EUR-USD

1.2024. It should trade lower to 1.1922. Resistances are at 1.1999 and 1.2025. A break of 1.205 is bullish.confirmed by a close above 1.2099 limit.

USD-CHF

1.2876. It might hold above 1.2873 or 1.2835 for a rise towards above 1.2952. Stop loss below 1.2835 zone.

USD-JPY

115.31. Our preferred outlook is for a drift down to 115.12 or below 114.94. Resistances are at 115.31 and 115.45. A rise above 115.63 would delay but not abort this expected fall.

GBP-USD

1.7745. Currently uptrend should end around 1.7820 - 1.7799 area. A correction down to below 1.7644 is expected. A rise above 1.7852 will abort the expected correction.

EUR-CHF

1.5481. We prefer to see an attempt to below 1.5457 or below 1.5432 in extension. A clear break of 1.5508 is bullish.

EUR-JPY

138.65. It looks set for gains to above 138.86. Supports at 138.36 and 138.46. A break of 138.25 will damage this bullish structure.

EUR-GBP

0.6776. Current fall is near an end of wave around 0.6740 - 0.6765 zone, a rally should then procede to above 0.6789 or 0.6798. Fall below 0.6739 would cancel this scenario.

AUD-USD

0.7528. Currently uptrend should end around 0.7550 - 0.7549 area. A correction down to below 0.7498 is expected. A rise above 0.7569 will abort the expected correction.

USD-CAD

1.1783. It should be subject to more sell off towards 1.1729 or 1.1676. Corrective upward swings should face resistance around 1.1847 area. A break of 1.18315 is bullish.


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