Realtime Forex TraderTip

Friday August 4, 2006


EUR-USD

1.2803. It may attempt a test higher to 1.2819 after which weakness may set it to a drift down to below 1.2752 limit.

USD-CHF

1.2312. Strength can extend to 1.2334 or even higher than 1.2356 as declines are expected to find support at 1.2290 or 1.2267. Stop Loss below 1.2223 zone.

USD-JPY

115.00. Current upmove should continue up to 115.35 or 115.71. Any correction should find support in 114.95 - 114.77 zone.

GBP-USD

1.8876. A corrective/consolidation activity between 1.8746 and 1.9012 is likely for a while.

EUR-CHF

1.5763. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5777 or 1.5791 if support around 1.5754 hold. After which a pullback to 1.5754 - 1.5747 zone is possible.

EUR-JPY

147.23. Market looks set for gains towards 147.7 or above in extension. Dips should find support at 146.95 - 146.72 zone.

EUR-GBP

0.6782. It is likely to attempt nearer support at 0.6761 for extending further to below 0.6739 while below 0.6782 - 0.6801 area. Rise above 0.6812 would dampen this bearish expectation.

AUD-USD

0.7609. Current fall is near an end of wave around 0.7573 - 0.7592 zone, a rally should then procede to above 0.7629 or 0.7643. Fall below 0.7552 would cancel this scenario.

USD-CAD

1.1253. Market should hold major support at 1.1208 before rising towards 1.1277 or even 1.1301 limit.
 
Tuesday August 8, 2006


EUR-USD

1.2843. Decline should be supported around 1.2818 - 1.2793 zone for rally to above 1.2917. A clear break of 1.2793 will damage this expected rally.

USD-CHF

1.2254. It should test 1.2285 area after which a sell off down to 1.2215 or extended to 1.2177 area is expected.

USD-JPY

115.13. It should be subject to more sell off towards 114.48 or 113.82. Corrective upward swings should face resistance around 116.08 area. A break of 115.635 is bullish.

GBP-USD

1.9069. Decline should be supported around 1.9038 - 1.9006 zone for rally to above 1.9146. A clear break of 1.9006 will damage this expected rally.

EUR-CHF

1.5737. Market should hold major support at 1.5703 before rising towards 1.5752 or even 1.5768 limit.

EUR-JPY

147.86. Uptrend is still intact in a triangle configuration. It should continue to rally to 148.03 or 148.6 if support around 147.66 hold. After which a pullback to 147.66 - 147.48 zone is possible.

EUR-GBP

0.6735. It may meet resistance in 0.6735 - 0.6741 zone for a drift down to 0.6718 zone, after which bounce to 0.6746 is anticipated.

AUD-USD

0.7633. It looks more likely that it would rise to above 0.765 or 0.7661 from 0.7625 or 0.761. After which a downside move to below 0.7588 is expected.

USD-CAD

1.1194. It should register further gains to 1.1251 while 1.1157 caps downside attempts. Stop loss below 1.1119 zone.
 
Wednesday August 16, 2006


EUR-USD

1.2784. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2796 or 1.287 if support around 1.2761 hold. After which a pullback to 1.2761 - 1.2740 zone is possible.

USD-CHF

1.2371. Market should pop up towards 1.2430 or 1.2490 this bullish scenario would be damaged if 1.2348 - 1.2327 zone is broken, a severe break down could then occur.

USD-JPY

116.09. Market should meet resistance at 116.22. We expect then an extended move down to 115.96 -115.71 area.

GBP-USD

1.8937. A corrective/consolidation activity between 1.8868 and 1.9047 is likely for a while.

EUR-CHF

1.5816. A corrective / consolidation activity between 1.5795 and 1.5831 is likely for a while.

EUR-JPY

148.45. A corrective/consolidation activity between 148.12 and 148.72 is likely for a while.

EUR-GBP

0.6751. Current rise seems to be over near 0.6753 or 0.676 for a retracement towards 0.6745 - 0.6741 area.

AUD-USD

0.7654. It should be subject to more sell off towards 0.7608 or 0.7563. Corrective upward swings should face resistance around 0.7721 area. A break of 0.7689 is bullish.

USD-CAD

1.1216. While above 1.1215 - 1.118 zone a corrective dip could test 1.1249 or 1.1268 or 1.12860. After which it should resume his downtrend.
 
Monday August 21, 2006


EUR-USD

1.2827. It may attempt a test higher to 1.2836 - 1.2854 after which weakness may set it to a drift down to below 1.2790 limit.

USD-CHF

1.2330. It looks more likely that it would rise to 1.2376 from 1.2312 or 1.2289. After which a downside move is expected.

USD-JPY

115.82. It may attempt a test higher to 115.96 - 116.12 after which weakness may set it to a drift down to below 115.49 limit.

GBP-USD

1.8814. It may meet resistance in 1.8814 - 1.8820 zone for a drift down to 1.8796 zone, after which bounce to 1.8842 is anticipated.

EUR-CHF

1.5817. It should trade higher to 1.5833 while 1.5810 or 1.5802 offers support. Stop loss below 1.5794 zone.

EUR-JPY

148.55. Difficult to predict the next move. If first down it should hold 148.33 or 148.13 to 148.95. If first up it should face resistance in 148.74 - 148.95 zone to 148.13 zone

EUR-GBP

0.6818. Current rise should end around 0.6813 or 0.6826. Objectives of this downmove are 0.6804 or 0.6791. A rise above 0.6835 is again bullish.

AUD-USD

0.7587. It may meet resistance in 0.7587 - 0.7591 zone for a drift down to 0.7576 zone, after which bounce to 0.7605 is anticipated.

USD-CAD

1.1252. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1277 or 1.1315 if support around 1.1241 hold. After which a pullback to 1.1241 - 1.1226 zone is possible.
 
Wednesday August 23, 2006


EUR-USD

1.2802. Current fall seems to be over near 1.2793 or 1.2758 for a rebound towards 1.2828 - 1.2850 area.

USD-CHF

1.2340. It should trade higher to 1.2389 while 1.2315 or 1.2290 offers support. Stop loss below 1.2265 zone.

USD-JPY

116.53. A correction down to 115.96 folowed buy a mouve up to 116.69 or 116.97. A break above 117.41 would accelerate this bullish move.

GBP-USD

1.8882. Decline should be supported around 1.8842 - 1.8802 zone for rally to above 1.8990. A clear break of 1.8802 will damage this expected rally.

EUR-CHF

1.5799. It may attempt a test higher to 1.5806 - 1.5819 after which weakness may set it to a drift down to below 1.5772 limit.

EUR-JPY

149.18. Decline should be supported around 148.86 - 148.53 zone for rally to above 150.01. A clear break of 148.53 will damage this expected rally.

EUR-GBP

0.6780. It should see a sell off to below 0.6767 while 0.6789 area curtails its upside. A break beyond 0.6802 will abort the downside.

AUD-USD

0.7623. Supports at 0.7617 and 0.7610 should hold the downward correction . After which a big upmove could occur . Stop loss below 0.7610 limit.

USD-CAD

1.1156. Current fall is near an end of wave around 1.1117 - 1.1118 zone, a rally should then procede to above 1.1180 or 1.1190. Fall below 1.1113 would cancel this scenario.
 
Thursday August 31, 2006


EUR-USD

1.2832. Our preferred view is for a drift down to 1.2812 or below 1.2791. Resistances is at 1.2831. A rise above 1.2853 would delay but not abort this expected fall.

USD-CHF

1.2276. It may meet resistance in 1.2276 - 1.2283 zone for a drift down to 1.2254 zone, after which bounce to 1.2293 is anticipated.

USD-JPY

117.16. It looks set for gains to above 117.43. Supports at 116.88 and 117.01. A break of 116.74 will damage this bullish structure.

GBP-USD

1.9043. Current rise should end around 1.9026 or 1.9078. Objectives of this downmove are 1.8990 or 1.8938. A rise above 1.9114 is again bullish.

EUR-CHF

1.5754. It may meet resistance in 1.5754 - 1.5758 zone for a drift down to 1.5741 zone, after which bounce to 1.5765 is anticipated.

EUR-JPY

150.36. Currently uptrend should end around 150.53 - 150.67 area. A correction down to below 149.82 is expected. A rise above 150.97 will abort the expected correction.

EUR-GBP

0.6738. We prefer to see an attempt to below 0.6726 or below 0.6714 in extension. A clear break of 0.6750 is bullish.

AUD-USD

0.7629. There are initial signs of a good corrective recovery towards 0.7643 or even 0.7652. Supports at 0.7622 and 0.7610 zone.

USD-CAD

1.1095. It may attempt a test higher to 1.1104 after which weakness may set it to a drift down to below 1.1062 limit.
 
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