Tuesday September 13, 2005


EUR-USD


1.2286. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2240 or 1.2233. Major support is clustered around 1.2173 limit.


USD-CHF


1.2579. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2629 or 1.2701 if support around 1.2534 hold. After which a pullback to 1.2534 - 1.2504 zone is possible.


USD-JPY


110.34. It should test 111.61 area after which a sell off down to 109.46 or extended to 108.59 area is expected.


GBP-USD


1.8199. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.8177 or 1.8112. Major support is clustered around 1.7986 limit.


EUR-CHF


1.5456. It should trade higher to 1.5469 while 1.5445 or 1.5438 offers support. Stop loss below 1.5431 zone.


EUR-JPY


135.57. It should test higher than 135.95. Entry point are at 135.23 and 135.04. A break of 134.51 is bearish.


EUR-GBP


0.6751. Market should hold major support at 0.6717 before rising towards 0.6766 or even 0.6780 limit.


AUD-USD


0.7686. There is bearish potential for a fall to 0.7659 while 0.7712 - 0.7725 resist. After this fall a recovery up to 0.7725 or 0.7738 is expected.


USD-CAD


1.1872. It should trade higher to 1.1914 while 1.1837 or 1.1816 offers support. Stop loss below 1.1795 zone.




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