Today comments - All pairs

nicolebobbin · #1 (**permalink**) 11-21-2008, 01:28 AM

EUR-USD
It might hold above 1.2444 or 1.2393 for a rise towards above 1.2553. Stop loss below 1.2393 zone.
USD-CHF
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3249 or 1.3283 if support around 1.2822 hold. After which a pullback to 1.2822 - 1.2744 zone is possible.
USD-JPY
Market should not go lower than 92.53. After this move down it should go up to 93.64 - 94.5 area.
GBP-USD
It might hold above 1.472 or 1.4627 for a rise towards above 1.4911. Stop loss below 1.4627 zone.
EUR-CHF
While below 1.5369 it is more likely to fall further towards 1.519 or 1.5132 level.
EUR-JPY
Overall structure is bearish. Decelerating momentum could attract it towards supports at 115.15 or 115. Major support is clustered around 112.46 limit.
EUR-GBP
A corrective/consolidation activity between 0.8358 and 0.8528 is likely for a while.
AUD-USD
Market should not go lower than 0.5933. After this move down it should go up to 0.6091 - 0.6199 area.
USD-CAD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3249 or 1.3283 if support around 1.2822 hold. After which a pullback to 1.2822 - 1.2744 zone is possible.

nicolebobbin · #2 (**permalink**) 11-23-2008, 05:31 PM

EUR-USD
Current rise seems to be over near 1.2608 or 1.2669 for a retracement towards 1.2546 - 1.2500 area.
USD-CHF
Preferred view is for a fall to below 1.2164 while 1.2219 - 1.223 area resists. A clear break of 1.2286 would be bullish.
USD-JPY
Market looks set for gains towards 96.74 or above in extension. Dips should find support at 95.19 - 94.80 zone.
GBP-USD
While above 1.4787 - 1.4695 zone a corrective upmove could test 1.4965 or 1.5052. After which it should resume its downtrend.
EUR-CHF
Current upmove should continue up to 1.5449 or 1.553. Any correction should find support in 1.5337 - 1.5297 zone.
EUR-JPY
It should trade higher to 122.13 while 119.29 or 118.57 offers support. Stop loss below 117.85 zone.
EUR-GBP
Current rise seems to be over near 0.8483 or 0.8520 for a retracement towards 0.8446 - 0.8415 area.
AUD-USD
It may attempt a test higher to 0.6303 after which weakness may set it to a drift down to below 0.6151 limit.
USD-CAD
There are initial signs of a good corrective recovery towards 1.2877 or even 1.2920. Supports at 1.2758 and 1.2682 zone.

oharas · #3 (**permalink**) 11-24-2008, 12:49 PM

Great daily report! Ill keep watching you.