Daily Market Comment
- Thread starter RF_TRADERTIP
- Start date
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Eurusd
Cheers
Thanks mate. I think so to. But I am flexible. Will take what the market gives. Will keep moving my stop lower as per plan so that I can protect some profits in case of sudden upmoves.rav700 said:I agree atleast my daily's are showing the same... already gone down 20 pips I think it will test the 1.2050 again definately
Cheers
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Thursday October 27, 2005
EUR-USD
1.2069. There are initial signs of a good corrective recovery towards 1.2103 or even 1.2121. Supports at 1.2059 and 1.2033 zone.
USD-CHF
1.2831. It should test 1.2925 area after which a sell off down to 1.2761 or extended to 1.2692 area is expected.
USD-JPY
115.85. It should trade higher to 116.22 while 115.56 or 115.38 offers support. Stop loss below 115.20 zone.
GBP-USD
1.7747. It looks more likely that it would rise to above 1.7807 or 1.7837 from 1.7732 or 1.7686. After which a downside move to below 1.7626 is expected.
EUR-CHF
1.5485. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5500 or 1.5518 if support around 1.5471 hold. After which a pullback to 1.5471 - 1.5463 zone is possible.
EUR-JPY
139.83. A correction down to 139.33 or lower is now expected from 139.88 or 140.13. A break above 140.43 is needed to turn bullish.
EUR-GBP
0.6799. Current rise should end around 0.6796 or 0.6812. Objectives of this downmove are 0.6783 or 0.6767. A rise above 0.6825 is again bullish.
AUD-USD
0.7548. It looks more likely that it would rise to above 0.7560 or 0.7569 from 0.7540 or 0.7529. After which a downside move to below 0.7511 is expected.
USD-CAD
1.1698. It should register further gains to 1.1760 while 1.1661 caps downside attempts. Stop loss below 1.1624 zone.
Thursday October 27, 2005
EUR-USD
1.2069. There are initial signs of a good corrective recovery towards 1.2103 or even 1.2121. Supports at 1.2059 and 1.2033 zone.
USD-CHF
1.2831. It should test 1.2925 area after which a sell off down to 1.2761 or extended to 1.2692 area is expected.
USD-JPY
115.85. It should trade higher to 116.22 while 115.56 or 115.38 offers support. Stop loss below 115.20 zone.
GBP-USD
1.7747. It looks more likely that it would rise to above 1.7807 or 1.7837 from 1.7732 or 1.7686. After which a downside move to below 1.7626 is expected.
EUR-CHF
1.5485. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5500 or 1.5518 if support around 1.5471 hold. After which a pullback to 1.5471 - 1.5463 zone is possible.
EUR-JPY
139.83. A correction down to 139.33 or lower is now expected from 139.88 or 140.13. A break above 140.43 is needed to turn bullish.
EUR-GBP
0.6799. Current rise should end around 0.6796 or 0.6812. Objectives of this downmove are 0.6783 or 0.6767. A rise above 0.6825 is again bullish.
AUD-USD
0.7548. It looks more likely that it would rise to above 0.7560 or 0.7569 from 0.7540 or 0.7529. After which a downside move to below 0.7511 is expected.
USD-CAD
1.1698. It should register further gains to 1.1760 while 1.1661 caps downside attempts. Stop loss below 1.1624 zone.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
EUR-USD
1.2140. A corrective/consolidation activity between 1.2064 and 1.2203 is likely for a while.
USD-CHF
1.2732. Downtrend is still intact.It should continue to fall to 1.2715 or 1.267 if resistance at 1.276 area doesnt break . Direct rise above 1.276 could turn the picture bullish for a corrective up move to 1.2792 or even 1.2823 limit .
USD-JPY
115.44. While above 115.15 - 114.78 zone a corrective upmove could test 115.84 or 116.16. After which it should resume its downtrend.
GBP-USD
1.7831. Current upmove should be ended around 1.7911 - 1.7992. Any correction consolidation should find support in 1.7824 - 1.7784 zone.
EUR-CHF
1.5459. Decline should be supported around 1.5446 - 1.5433 zone for rally to above 1.5499. A clear break of 1.5433 will damage this expected rally.
EUR-JPY
140.16. Currently uptrend should end around 140.45 - 140.37 area. A correction down to below 139.78 is expected. A rise above 140.57 will abort the expected correction.
EUR-GBP
0.6807. Market looks set for gains towards 0.6820 or above in extension. Dips should find support at 0.6800 - 0.6794 zone.
AUD-USD
0.7569. A corrective/consolidation activity between 0.7528 and 0.7581 is likely for a while.
USD-CAD
1.1727. Market should hold major support at 1.1648 before rising towards 1.1757 or even 1.1787 limit.
EUR-USD
1.2140. A corrective/consolidation activity between 1.2064 and 1.2203 is likely for a while.
USD-CHF
1.2732. Downtrend is still intact.It should continue to fall to 1.2715 or 1.267 if resistance at 1.276 area doesnt break . Direct rise above 1.276 could turn the picture bullish for a corrective up move to 1.2792 or even 1.2823 limit .
USD-JPY
115.44. While above 115.15 - 114.78 zone a corrective upmove could test 115.84 or 116.16. After which it should resume its downtrend.
GBP-USD
1.7831. Current upmove should be ended around 1.7911 - 1.7992. Any correction consolidation should find support in 1.7824 - 1.7784 zone.
EUR-CHF
1.5459. Decline should be supported around 1.5446 - 1.5433 zone for rally to above 1.5499. A clear break of 1.5433 will damage this expected rally.
EUR-JPY
140.16. Currently uptrend should end around 140.45 - 140.37 area. A correction down to below 139.78 is expected. A rise above 140.57 will abort the expected correction.
EUR-GBP
0.6807. Market looks set for gains towards 0.6820 or above in extension. Dips should find support at 0.6800 - 0.6794 zone.
AUD-USD
0.7569. A corrective/consolidation activity between 0.7528 and 0.7581 is likely for a while.
USD-CAD
1.1727. Market should hold major support at 1.1648 before rising towards 1.1757 or even 1.1787 limit.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Monday October 31, 2005
EUR-USD
1.2067. While above 1.2058 - 1.2021 zone a corrective dip could test 1.2095 or 1.2119 or 1.2142. After which it should resume his downtrend.
USD-CHF
1.2803. It may attempt a test higher to 1.2816 after which weakness may set it to a drift down to below 1.2723 limit.
USD-JPY
115.67. It should test 116.23 area after which a sell off down to 115.28 or extended to 114.88 area is expected.
GBP-USD
1.7743. While below 1.7778 - 1.7801 it might drop to 1.7696 or below 1.7650 zone.
EUR-CHF
1.5452. Market should hold major support at 1.5421 before rising towards 1.5468 or even 1.5485 limit.
EUR-JPY
139.57. Market should pop up towards 140.05 or 140.53 this bullish scenario would be damaged if 139.42 - 139.15 zone is broken, a severe break down could then occur.
EUR-GBP
0.6801. Decline should be supported around 0.6787 - 0.6773 zone for rally to above 0.6839. A clear break of 0.6773 will damage this expected rally.
AUD-USD
0.7497. Market should meet resistance at 0.7522. We expect then an extended move down to 0.7490 -0.7422 area.
USD-CAD
1.1778. Current rise seems to be over near 1.1786 or 1.1817 for a retracement towards 1.1754 - 1.1735 area.
Monday October 31, 2005
EUR-USD
1.2067. While above 1.2058 - 1.2021 zone a corrective dip could test 1.2095 or 1.2119 or 1.2142. After which it should resume his downtrend.
USD-CHF
1.2803. It may attempt a test higher to 1.2816 after which weakness may set it to a drift down to below 1.2723 limit.
USD-JPY
115.67. It should test 116.23 area after which a sell off down to 115.28 or extended to 114.88 area is expected.
GBP-USD
1.7743. While below 1.7778 - 1.7801 it might drop to 1.7696 or below 1.7650 zone.
EUR-CHF
1.5452. Market should hold major support at 1.5421 before rising towards 1.5468 or even 1.5485 limit.
EUR-JPY
139.57. Market should pop up towards 140.05 or 140.53 this bullish scenario would be damaged if 139.42 - 139.15 zone is broken, a severe break down could then occur.
EUR-GBP
0.6801. Decline should be supported around 0.6787 - 0.6773 zone for rally to above 0.6839. A clear break of 0.6773 will damage this expected rally.
AUD-USD
0.7497. Market should meet resistance at 0.7522. We expect then an extended move down to 0.7490 -0.7422 area.
USD-CAD
1.1778. Current rise seems to be over near 1.1786 or 1.1817 for a retracement towards 1.1754 - 1.1735 area.
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Realtime Forex Daily Market Comment
Tuesday November 1, 2005
EUR-USD
1.1991. It should register further gains to 1.2064 while 1.1943 caps downside attempts. Stop loss below 1.1895 zone.
USD-CHF
1.2887. While below 1.2949 it is more likely to fall further towards 1.2835 or 1.2804. Premature rise above 1.2949 could see it rising above 1.3010 zone.
USD-JPY
116.40. Current rise seems to be over near 116.44 or 116.73 for a retracement towards 116.14 - 115.97 area.
GBP-USD
1.7698. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.7679 or 1.7639. Major support is clustered around 1.7597 limit.
EUR-CHF
1.5453. Preferred outlook is for a drift down to below 1.5426. Resistances are at 1.5453 and 1.5457. A rise above 1.5471 would delay but not abort this expected fall.
EUR-JPY
139.59. It is likely to attempt to below 139.06 while below 139.59 - 139.59 area. Rise above 139.86 would dampen this bearish expectation.
EUR-GBP
0.6775. Current fall is near an end of wave around 0.6754 - 0.6757 zone, a rally should then procede to above 0.6789 or 0.6797. Fall below 0.6743 would cancel this scenario.
AUD-USD
0.7481. Current fall is near an end of wave around 0.7438 - 0.7455 zone, a rally should then procede to above 0.7502 or 0.7514. Fall below 0.7432 would cancel this scenario.
USD-CAD
1.1822. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1837 or 1.1902 if support around 1.1796 hold. After which a pullback to 1.1796 - 1.1776 zone is possible.
Tuesday November 1, 2005
EUR-USD
1.1991. It should register further gains to 1.2064 while 1.1943 caps downside attempts. Stop loss below 1.1895 zone.
USD-CHF
1.2887. While below 1.2949 it is more likely to fall further towards 1.2835 or 1.2804. Premature rise above 1.2949 could see it rising above 1.3010 zone.
USD-JPY
116.40. Current rise seems to be over near 116.44 or 116.73 for a retracement towards 116.14 - 115.97 area.
GBP-USD
1.7698. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.7679 or 1.7639. Major support is clustered around 1.7597 limit.
EUR-CHF
1.5453. Preferred outlook is for a drift down to below 1.5426. Resistances are at 1.5453 and 1.5457. A rise above 1.5471 would delay but not abort this expected fall.
EUR-JPY
139.59. It is likely to attempt to below 139.06 while below 139.59 - 139.59 area. Rise above 139.86 would dampen this bearish expectation.
EUR-GBP
0.6775. Current fall is near an end of wave around 0.6754 - 0.6757 zone, a rally should then procede to above 0.6789 or 0.6797. Fall below 0.6743 would cancel this scenario.
AUD-USD
0.7481. Current fall is near an end of wave around 0.7438 - 0.7455 zone, a rally should then procede to above 0.7502 or 0.7514. Fall below 0.7432 would cancel this scenario.
USD-CAD
1.1822. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1837 or 1.1902 if support around 1.1796 hold. After which a pullback to 1.1796 - 1.1776 zone is possible.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Wednesday November 2, 2005
EUR-USD
1.2018. It should test 1.2051 area after which a sell off down to 1.1984 or extended to 1.1950 area is expected.
USD-CHF
1.2881. Our preferred outlook is for a drift down to 1.2853 or below 1.2824. Resistances are at 1.2881 and 1.2888. A rise above 1.2917 would delay but not abort this expected fall.
USD-JPY
116.73. Current rise should end around 116.63 or 116.88. Objectives of this downmove are 116.47 or 116.22. A rise above 117.04 is again bullish.
GBP-USD
1.7653. Current fall is near an end of wave around 1.7590 - 1.7626 zone, a rally should then procede to above 1.7689 or 1.7716. Fall below 1.7545 would cancel this scenario.
EUR-CHF
1.5483. A corrective/consolidation activity between 1.5462 and 1.5515 is likely for a while.
EUR-JPY
140.32. Current rise seems to be over near 140.34 or 140.62 for a retracement towards 140.06 - 139.91 area.
EUR-GBP
0.6808. It should trade higher to 0.6824 while 0.6795 or 0.6788 offers support. Stop loss below 0.6780 zone.
AUD-USD
0.7443. It should register further gains to 0.7472 while 0.7427 caps downside attempts. Stop loss below 0.7410 zone.
USD-CAD
1.1752. There is bearish potential for a fall to 1.1710 or 1.1667 while 1.1800 - 1.1821 resist. After this fall a recovery up to 1.1800 or 1.1821 is expected.
Wednesday November 2, 2005
EUR-USD
1.2018. It should test 1.2051 area after which a sell off down to 1.1984 or extended to 1.1950 area is expected.
USD-CHF
1.2881. Our preferred outlook is for a drift down to 1.2853 or below 1.2824. Resistances are at 1.2881 and 1.2888. A rise above 1.2917 would delay but not abort this expected fall.
USD-JPY
116.73. Current rise should end around 116.63 or 116.88. Objectives of this downmove are 116.47 or 116.22. A rise above 117.04 is again bullish.
GBP-USD
1.7653. Current fall is near an end of wave around 1.7590 - 1.7626 zone, a rally should then procede to above 1.7689 or 1.7716. Fall below 1.7545 would cancel this scenario.
EUR-CHF
1.5483. A corrective/consolidation activity between 1.5462 and 1.5515 is likely for a while.
EUR-JPY
140.32. Current rise seems to be over near 140.34 or 140.62 for a retracement towards 140.06 - 139.91 area.
EUR-GBP
0.6808. It should trade higher to 0.6824 while 0.6795 or 0.6788 offers support. Stop loss below 0.6780 zone.
AUD-USD
0.7443. It should register further gains to 0.7472 while 0.7427 caps downside attempts. Stop loss below 0.7410 zone.
USD-CAD
1.1752. There is bearish potential for a fall to 1.1710 or 1.1667 while 1.1800 - 1.1821 resist. After this fall a recovery up to 1.1800 or 1.1821 is expected.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Thursday November 3, 2005
EUR-USD
1.2073. Current rise seems to be over near 1.2079 or 1.2109 for a retracement towards 1.2048 - 1.2031 area.
USD-CHF
1.2780. Market should meet resistance at 1.2810. We expect then an extended move down to 1.2732 -1.2689 area.
USD-JPY
116.87. Current rise is now over. Objectives of this downmove are at 116.63 or 116.38. A rise above 117.22 is again bullish.
GBP-USD
1.7769. It should trade higher to 1.7819 while 1.7722 or 1.7697 offers support. Stop loss below 1.7672 zone.
EUR-CHF
1.5430. It looks set to visit further lower territory down to around 1.5400. Its corrective attempts should fail ahead of 1.5444 or 1.5459. Stop loss above 1.5474 zone.
EUR-JPY
141.12. Currently uptrend should end around 141.77 - 141.44 area. A correction down to below 140.50 is expected. A rise above 141.76 will abort the expected correction.
EUR-GBP
0.6794. Decline should be supported around 0.6783 - 0.6772 zone for rally to above 0.6828. A clear break of 0.6772 will damage this expected rally.
AUD-USD
0.7427. It should stay in a range trading between 0.7401 and 0.7449 for a while.
USD-CAD
1.1798. Corrective dips should ideally halt near 1.1789 or 1.1771 for one more thrust upwards towards 1.1811 - 1.1833 area or 1.1869 in extention. Fall below 1.1753 puts it back on a downward path.
Thursday November 3, 2005
EUR-USD
1.2073. Current rise seems to be over near 1.2079 or 1.2109 for a retracement towards 1.2048 - 1.2031 area.
USD-CHF
1.2780. Market should meet resistance at 1.2810. We expect then an extended move down to 1.2732 -1.2689 area.
USD-JPY
116.87. Current rise is now over. Objectives of this downmove are at 116.63 or 116.38. A rise above 117.22 is again bullish.
GBP-USD
1.7769. It should trade higher to 1.7819 while 1.7722 or 1.7697 offers support. Stop loss below 1.7672 zone.
EUR-CHF
1.5430. It looks set to visit further lower territory down to around 1.5400. Its corrective attempts should fail ahead of 1.5444 or 1.5459. Stop loss above 1.5474 zone.
EUR-JPY
141.12. Currently uptrend should end around 141.77 - 141.44 area. A correction down to below 140.50 is expected. A rise above 141.76 will abort the expected correction.
EUR-GBP
0.6794. Decline should be supported around 0.6783 - 0.6772 zone for rally to above 0.6828. A clear break of 0.6772 will damage this expected rally.
AUD-USD
0.7427. It should stay in a range trading between 0.7401 and 0.7449 for a while.
USD-CAD
1.1798. Corrective dips should ideally halt near 1.1789 or 1.1771 for one more thrust upwards towards 1.1811 - 1.1833 area or 1.1869 in extention. Fall below 1.1753 puts it back on a downward path.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Friday November 4, 2005
EUR-USD
1.1944. Market should meet resistance at 1.1987. We expect then an extended move down to 1.1939 -1.1814 area.
USD-CHF
1.2919. It should trade higher to 1.2979 while 1.2876 or 1.2847 offers support. Stop loss below 1.2817 zone.
USD-JPY
117.22. A correction down to 116.88 or lower is now expected from 117.31 or 117.47. A break above 117.73 is needed to turn bullish.
GBP-USD
1.7708. There are initial signs of a good corrective recovery towards 1.7751 or even 1.7769. Supports at 1.7702 and 1.7671 zone.
EUR-CHF
1.5432. It may meet resistance in 1.5432 - 1.5432 zone for a drift down to below 1.5402 zone.
EUR-JPY
140.00. There is bearish potential for a fall to 139.51 while 140.33 - 140.58 resist. After this fall a recovery up to 140.58 or 140.83 is expected.
EUR-GBP
0.6745. Market should meet resistance at 0.6763. We expect then an extended move down to 0.6724 -0.6691 area.
AUD-USD
0.7394. Current fall is near an end of wave around 0.7363 - 0.7370 zone, a rally should then procede to above 0.7413 or 0.7423. Fall below 0.7352 would cancel this scenario.
USD-CAD
1.1815. A corrective/consolidation activity between 1.1768 and 1.1864 is likely for a while.
Friday November 4, 2005
EUR-USD
1.1944. Market should meet resistance at 1.1987. We expect then an extended move down to 1.1939 -1.1814 area.
USD-CHF
1.2919. It should trade higher to 1.2979 while 1.2876 or 1.2847 offers support. Stop loss below 1.2817 zone.
USD-JPY
117.22. A correction down to 116.88 or lower is now expected from 117.31 or 117.47. A break above 117.73 is needed to turn bullish.
GBP-USD
1.7708. There are initial signs of a good corrective recovery towards 1.7751 or even 1.7769. Supports at 1.7702 and 1.7671 zone.
EUR-CHF
1.5432. It may meet resistance in 1.5432 - 1.5432 zone for a drift down to below 1.5402 zone.
EUR-JPY
140.00. There is bearish potential for a fall to 139.51 while 140.33 - 140.58 resist. After this fall a recovery up to 140.58 or 140.83 is expected.
EUR-GBP
0.6745. Market should meet resistance at 0.6763. We expect then an extended move down to 0.6724 -0.6691 area.
AUD-USD
0.7394. Current fall is near an end of wave around 0.7363 - 0.7370 zone, a rally should then procede to above 0.7413 or 0.7423. Fall below 0.7352 would cancel this scenario.
USD-CAD
1.1815. A corrective/consolidation activity between 1.1768 and 1.1864 is likely for a while.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Monday November 7, 2005
EUR-USD
1.1822. Market should not go lower than 1.1725. After this move down it should go up to 1.1812 - 1.1873 area.
USD-CHF
1.3058. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3170 or 1.3223 if support around 1.3003 hold. After which a pullback to 1.3003 - 1.2962 zone is possible.
USD-JPY
118.29. Uptrend is still intact in a triangle configuration. It should continue to rally to 118.85 or 119.12 if support around 117.92 hold. After which a pullback to 117.92 - 117.72 zone is possible.
GBP-USD
1.7514. It is likely to attempt to below 1.7305 while below 1.7514 - 1.7562 area. Rise above 1.7666 would dampen this bearish expectation.
EUR-CHF
1.5439. A corrective/consolidation activity between 1.5418 and 1.5477 is likely for a while.
EUR-JPY
139.85. Market should pop up towards 140.66 or 141.46 this bullish scenario would be damaged if 139.45 - 139.30 zone is broken, a severe break down could then occur.
EUR-GBP
0.6750. It should see a sell off to below 0.6736 while 0.6763 area curtails its upside. A break beyond 0.6770 will abort the downside.
AUD-USD
0.7331. It is likely to attempt nearer support at 0.7296 for extending further to below 0.7260 while below 0.7331 - 0.7365 area. Rise above 0.7383 would dampen this bearish expectation.
USD-CAD
1.1835. Corrective dips should ideally halt near 1.1807 or 1.1777 for one more thrust upwards towards 1.1851 - 1.1894 area or 1.1954 in extention. Fall below 1.1747 puts it back on a downward path.
Monday November 7, 2005
EUR-USD
1.1822. Market should not go lower than 1.1725. After this move down it should go up to 1.1812 - 1.1873 area.
USD-CHF
1.3058. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3170 or 1.3223 if support around 1.3003 hold. After which a pullback to 1.3003 - 1.2962 zone is possible.
USD-JPY
118.29. Uptrend is still intact in a triangle configuration. It should continue to rally to 118.85 or 119.12 if support around 117.92 hold. After which a pullback to 117.92 - 117.72 zone is possible.
GBP-USD
1.7514. It is likely to attempt to below 1.7305 while below 1.7514 - 1.7562 area. Rise above 1.7666 would dampen this bearish expectation.
EUR-CHF
1.5439. A corrective/consolidation activity between 1.5418 and 1.5477 is likely for a while.
EUR-JPY
139.85. Market should pop up towards 140.66 or 141.46 this bullish scenario would be damaged if 139.45 - 139.30 zone is broken, a severe break down could then occur.
EUR-GBP
0.6750. It should see a sell off to below 0.6736 while 0.6763 area curtails its upside. A break beyond 0.6770 will abort the downside.
AUD-USD
0.7331. It is likely to attempt nearer support at 0.7296 for extending further to below 0.7260 while below 0.7331 - 0.7365 area. Rise above 0.7383 would dampen this bearish expectation.
USD-CAD
1.1835. Corrective dips should ideally halt near 1.1807 or 1.1777 for one more thrust upwards towards 1.1851 - 1.1894 area or 1.1954 in extention. Fall below 1.1747 puts it back on a downward path.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Tuesday November 8, 2005
EUR-USD
1.1803. It may meet resistance in 1.1803 - 1.1804 zone for a drift down to 1.1801 zone, after which bounce to 1.1818 is anticipated.
USD-CHF
1.3058. While above 1.3026 a corrective rise could test 1.3084. Ideally it should not fall below 1.2993 zone.
USD-JPY
117.67. It looks more likely that it would rise to 118.21 from 117.57 or 117.29. After which a downside move is expected.
GBP-USD
1.7441. It may meet resistance in 1.7441 - 1.7450 zone for a drift down to 1.7414 zone, after which bounce to 1.7480 is anticipated.
EUR-CHF
1.5415. Our preferred outlook is for a drift down to 1.5397 or below 1.5378. Resistances are at 1.5415 and 1.5428. A rise above 1.5447 would delay but not abort this expected fall.
EUR-JPY
138.91. Current fall is near an end of wave around 137.98 - 138.49 zone, a rally should then procede to above 139.32 or 139.59. Fall below 137.83 would cancel this scenario.
EUR-GBP
0.6768. Current rise seems to be over near 0.6772 or 0.6781 for a retracement towards 0.6762 - 0.6756 area.
AUD-USD
0.7329. It should test higher than 0.7345. Entry point are at 0.7318 and 0.7310. A break of 0.7291 is bearish.
USD-CAD
1.1872. While below 1.1916 it is more likely to fall further towards 1.1847 or 1.1825. Premature rise above 1.1916 could see it rising above 1.1960 zone.
Tuesday November 8, 2005
EUR-USD
1.1803. It may meet resistance in 1.1803 - 1.1804 zone for a drift down to 1.1801 zone, after which bounce to 1.1818 is anticipated.
USD-CHF
1.3058. While above 1.3026 a corrective rise could test 1.3084. Ideally it should not fall below 1.2993 zone.
USD-JPY
117.67. It looks more likely that it would rise to 118.21 from 117.57 or 117.29. After which a downside move is expected.
GBP-USD
1.7441. It may meet resistance in 1.7441 - 1.7450 zone for a drift down to 1.7414 zone, after which bounce to 1.7480 is anticipated.
EUR-CHF
1.5415. Our preferred outlook is for a drift down to 1.5397 or below 1.5378. Resistances are at 1.5415 and 1.5428. A rise above 1.5447 would delay but not abort this expected fall.
EUR-JPY
138.91. Current fall is near an end of wave around 137.98 - 138.49 zone, a rally should then procede to above 139.32 or 139.59. Fall below 137.83 would cancel this scenario.
EUR-GBP
0.6768. Current rise seems to be over near 0.6772 or 0.6781 for a retracement towards 0.6762 - 0.6756 area.
AUD-USD
0.7329. It should test higher than 0.7345. Entry point are at 0.7318 and 0.7310. A break of 0.7291 is bearish.
USD-CAD
1.1872. While below 1.1916 it is more likely to fall further towards 1.1847 or 1.1825. Premature rise above 1.1916 could see it rising above 1.1960 zone.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Wednesday November 9, 2005
EUR-USD
1.1780. Market should hold major support at 1.1690 before rising towards 1.1819 or even 1.1857 limit.
USD-CHF
1.3109. Preferred view is for a fall to below 1.3053 while 1.3109 - 1.3114 area resists. A clear break of 1.3170 would be bullish.
USD-JPY
117.28. Market should pop up towards 117.80 or 118.32 this bullish scenario would be damaged if 116.86 - 116.77 zone is broken, a severe break down could then occur.
GBP-USD
1.7445. It should stay in a range trading between 1.7366 and 1.7485 for a while.
EUR-CHF
1.5443. It should be subject to more sell off towards 1.5419 or 1.5394. Corrective upward swings should face resistance around 1.5478 area. A break of 1.5462 is bullish.
EUR-JPY
138.16. It may meet resistance in 138.16 - 138.30 zone for a drift down to 137.74 zone, after which bounce to 138.55 is anticipated.
EUR-GBP
0.6752. We prefer to see an attempt to below 0.6741 or below 0.6730 in extension. A clear break of 0.6761 is bullish.
AUD-USD
0.7346. It looks set for gains to above 0.7375. Supports at 0.7315 and 0.7330. A break of 0.7300 will damage this bullish structure.
USD-CAD
1.1843. Preferred view is for a fall to below 1.1798 while 1.1843 - 1.1886 area resists. A clear break of 1.1931 would be bullish.
Wednesday November 9, 2005
EUR-USD
1.1780. Market should hold major support at 1.1690 before rising towards 1.1819 or even 1.1857 limit.
USD-CHF
1.3109. Preferred view is for a fall to below 1.3053 while 1.3109 - 1.3114 area resists. A clear break of 1.3170 would be bullish.
USD-JPY
117.28. Market should pop up towards 117.80 or 118.32 this bullish scenario would be damaged if 116.86 - 116.77 zone is broken, a severe break down could then occur.
GBP-USD
1.7445. It should stay in a range trading between 1.7366 and 1.7485 for a while.
EUR-CHF
1.5443. It should be subject to more sell off towards 1.5419 or 1.5394. Corrective upward swings should face resistance around 1.5478 area. A break of 1.5462 is bullish.
EUR-JPY
138.16. It may meet resistance in 138.16 - 138.30 zone for a drift down to 137.74 zone, after which bounce to 138.55 is anticipated.
EUR-GBP
0.6752. We prefer to see an attempt to below 0.6741 or below 0.6730 in extension. A clear break of 0.6761 is bullish.
AUD-USD
0.7346. It looks set for gains to above 0.7375. Supports at 0.7315 and 0.7330. A break of 0.7300 will damage this bullish structure.
USD-CAD
1.1843. Preferred view is for a fall to below 1.1798 while 1.1843 - 1.1886 area resists. A clear break of 1.1931 would be bullish.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Thursday November 10, 2005
EUR-USD
1.1764. Market should hold major support at 1.1706 before rising towards 1.1797 or even 1.1830 limit.
USD-CHF
1.3106. Preferred view is for a fall to below 1.3071 while 1.3106 - 1.3119 area resists. A clear break of 1.3154 would be bullish.
USD-JPY
117.52. It may attempt a test higher to 117.63 after which weakness may set it to a drift down to below 117.01 limit.
GBP-USD
1.7434. Market should hold major support at 1.7377 before rising towards 1.7475 or even 1.7516 limit.
EUR-CHF
1.5419. It should trade lower to 1.5406 or 1.5373 in extension while 1.5447 - 1.5464 offer resistance. A break of 1.5480 will damage this bearish view
EUR-JPY
138.38. Market should hold major support at 137.40 before rising towards 138.58 or even 138.90 limit.
EUR-GBP
0.6748. We prefer to see an attempt to below 0.6737 or below 0.6727 in extension. A clear break of 0.6756 is bullish.
AUD-USD
0.7366. A corrective/consolidation activity between 0.7329 and 0.7417 is likely for a while.
USD-CAD
1.1869. It may attempt a test higher to 1.1851 after which weakness may set it to a drift down to below 1.1747 limit.
Thursday November 10, 2005
EUR-USD
1.1764. Market should hold major support at 1.1706 before rising towards 1.1797 or even 1.1830 limit.
USD-CHF
1.3106. Preferred view is for a fall to below 1.3071 while 1.3106 - 1.3119 area resists. A clear break of 1.3154 would be bullish.
USD-JPY
117.52. It may attempt a test higher to 117.63 after which weakness may set it to a drift down to below 117.01 limit.
GBP-USD
1.7434. Market should hold major support at 1.7377 before rising towards 1.7475 or even 1.7516 limit.
EUR-CHF
1.5419. It should trade lower to 1.5406 or 1.5373 in extension while 1.5447 - 1.5464 offer resistance. A break of 1.5480 will damage this bearish view
EUR-JPY
138.38. Market should hold major support at 137.40 before rising towards 138.58 or even 138.90 limit.
EUR-GBP
0.6748. We prefer to see an attempt to below 0.6737 or below 0.6727 in extension. A clear break of 0.6756 is bullish.
AUD-USD
0.7366. A corrective/consolidation activity between 0.7329 and 0.7417 is likely for a while.
USD-CAD
1.1869. It may attempt a test higher to 1.1851 after which weakness may set it to a drift down to below 1.1747 limit.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Friday November 11, 2005
EUR-USD
1.1686. Market should meet resistance at 1.1718. We expect then an extended move down to 1.1666 -1.1591 area.
USD-CHF
1.3155. It should be subject to more sell off towards 1.3082 or 1.3010. Corrective upward swings should face resistance around 1.3258 area. A break of 1.3212 is bullish.
USD-JPY
118.20. Currently uptrend should end around 118.59 - 118.49 area. A correction down to below 117.69 is expected. A rise above 118.77 will abort the expected correction.
GBP-USD
1.7413. It looks more likely that it would rise to above 1.7464 or 1.7486 from 1.7406 or 1.7370. After which a downside move to below 1.7326 is expected.
EUR-CHF
1.5374. It is likely to attempt to below 1.5329 while below 1.5374 - 1.5386 area. Rise above 1.5408 would dampen this bearish expectation.
EUR-JPY
138.14. Decline should be supported around 137.89 - 137.63 zone for rally to above 139.01. A clear break of 137.63 will damage this expected rally.
EUR-GBP
0.6711. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.6699 or 0.6694. Major support is clustered around 0.6671 limit.
AUD-USD
0.7298. Market should meet resistance at 0.7323. We expect then an extended move down to 0.7295 -0.7224 area.
USD-CAD
1.1913. It should trade higher to 1.1952 while 1.1878 or 1.1859 offers support. Stop loss below 1.1839 zone.
Friday November 11, 2005
EUR-USD
1.1686. Market should meet resistance at 1.1718. We expect then an extended move down to 1.1666 -1.1591 area.
USD-CHF
1.3155. It should be subject to more sell off towards 1.3082 or 1.3010. Corrective upward swings should face resistance around 1.3258 area. A break of 1.3212 is bullish.
USD-JPY
118.20. Currently uptrend should end around 118.59 - 118.49 area. A correction down to below 117.69 is expected. A rise above 118.77 will abort the expected correction.
GBP-USD
1.7413. It looks more likely that it would rise to above 1.7464 or 1.7486 from 1.7406 or 1.7370. After which a downside move to below 1.7326 is expected.
EUR-CHF
1.5374. It is likely to attempt to below 1.5329 while below 1.5374 - 1.5386 area. Rise above 1.5408 would dampen this bearish expectation.
EUR-JPY
138.14. Decline should be supported around 137.89 - 137.63 zone for rally to above 139.01. A clear break of 137.63 will damage this expected rally.
EUR-GBP
0.6711. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.6699 or 0.6694. Major support is clustered around 0.6671 limit.
AUD-USD
0.7298. Market should meet resistance at 0.7323. We expect then an extended move down to 0.7295 -0.7224 area.
USD-CAD
1.1913. It should trade higher to 1.1952 while 1.1878 or 1.1859 offers support. Stop loss below 1.1839 zone.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Monday November 14, 2005
EUR-USD
1.1727. It should test 1.1778 area after which a sell off down to 1.1688 or extended to 1.1649 area is expected.
USD-CHF
1.3114. Decline should be supported around 1.3093 - 1.3073 zone for rally to above 1.3185. A clear break of 1.3073 will damage this expected rally.
USD-JPY
117.88. Decline should be supported around 117.61 - 117.35 zone for rally to above 118.47. A clear break of 117.35 will damage this expected rally.
GBP-USD
1.7419. It may attempt a test higher to 1.7428 after which weakness may set it to a drift down to below 1.7385 limit.
EUR-CHF
1.5380. Is expected to fall lower than 1.5351. Entry sell point are at 1.5384 or 1.5391 . Stop loss above 1.5391.
EUR-JPY
138.24. It should test 138.93 area after which a sell off down to 137.74 or extended to 137.24 area is expected.
EUR-GBP
0.6733. It should test 0.6758 area after which a sell off down to 0.6714 or extended to 0.6696 area is expected.
AUD-USD
0.7327. It should test 0.7351 area after which a sell off down to 0.7304 or extended to 0.7281 area is expected.
USD-CAD
1.1898. Decline should be supported around 1.1874 - 1.185 zone for rally to above 1.1952. A clear break of 1.1850 will damage this expected rally.
Monday November 14, 2005
EUR-USD
1.1727. It should test 1.1778 area after which a sell off down to 1.1688 or extended to 1.1649 area is expected.
USD-CHF
1.3114. Decline should be supported around 1.3093 - 1.3073 zone for rally to above 1.3185. A clear break of 1.3073 will damage this expected rally.
USD-JPY
117.88. Decline should be supported around 117.61 - 117.35 zone for rally to above 118.47. A clear break of 117.35 will damage this expected rally.
GBP-USD
1.7419. It may attempt a test higher to 1.7428 after which weakness may set it to a drift down to below 1.7385 limit.
EUR-CHF
1.5380. Is expected to fall lower than 1.5351. Entry sell point are at 1.5384 or 1.5391 . Stop loss above 1.5391.
EUR-JPY
138.24. It should test 138.93 area after which a sell off down to 137.74 or extended to 137.24 area is expected.
EUR-GBP
0.6733. It should test 0.6758 area after which a sell off down to 0.6714 or extended to 0.6696 area is expected.
AUD-USD
0.7327. It should test 0.7351 area after which a sell off down to 0.7304 or extended to 0.7281 area is expected.
USD-CAD
1.1898. Decline should be supported around 1.1874 - 1.185 zone for rally to above 1.1952. A clear break of 1.1850 will damage this expected rally.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Tuesday November 15, 2005
EUR-USD
1.1688. While below 1.1674 - 1.1707 it might drop to 1.1641 or below 1.1594 zone.
USD-CHF
1.3180. Market looks set for gains towards 1.3241 or above in extension. Dips should find support at 1.3152 - 1.3122 zone.
USD-JPY
118.80. Uptrend is still intact in a triangle configuration. It should continue to rally to 118.96 or 119.57 if support around 118.52 hold. After which a pullback to 118.52 - 118.33 zone is possible.
GBP-USD
1.7370. While below 1.7357 - 1.7403 it might drop to 1.7310 or below 1.7250 zone.
EUR-CHF
1.5408. Current rise seems to be over near 1.5409 or 1.5420 for a retracement towards 1.5397 - 1.5391 area.
EUR-JPY
138.87. While below 139.39 it is more likely to fall further towards 138.58 or 138.31. Premature rise above 139.39 could see it rising above 139.92 zone.
EUR-GBP
0.6728. Decline should be supported around 0.6716 - 0.6704 zone for rally to above 0.6758. A clear break of 0.6704 will damage this expected rally.
AUD-USD
0.7271. There is bearish potential for a fall to 0.7241 or 0.7210 while 0.7308 - 0.7323 resist. After this fall a recovery up to 0.7308 or 0.7323 is expected.
USD-CAD
1.1929. A correction down to 1.1883 or lower is now expected from 1.1950 or 1.1972. A break above 1.2016 is needed to turn bullish.
Tuesday November 15, 2005
EUR-USD
1.1688. While below 1.1674 - 1.1707 it might drop to 1.1641 or below 1.1594 zone.
USD-CHF
1.3180. Market looks set for gains towards 1.3241 or above in extension. Dips should find support at 1.3152 - 1.3122 zone.
USD-JPY
118.80. Uptrend is still intact in a triangle configuration. It should continue to rally to 118.96 or 119.57 if support around 118.52 hold. After which a pullback to 118.52 - 118.33 zone is possible.
GBP-USD
1.7370. While below 1.7357 - 1.7403 it might drop to 1.7310 or below 1.7250 zone.
EUR-CHF
1.5408. Current rise seems to be over near 1.5409 or 1.5420 for a retracement towards 1.5397 - 1.5391 area.
EUR-JPY
138.87. While below 139.39 it is more likely to fall further towards 138.58 or 138.31. Premature rise above 139.39 could see it rising above 139.92 zone.
EUR-GBP
0.6728. Decline should be supported around 0.6716 - 0.6704 zone for rally to above 0.6758. A clear break of 0.6704 will damage this expected rally.
AUD-USD
0.7271. There is bearish potential for a fall to 0.7241 or 0.7210 while 0.7308 - 0.7323 resist. After this fall a recovery up to 0.7308 or 0.7323 is expected.
USD-CAD
1.1929. A correction down to 1.1883 or lower is now expected from 1.1950 or 1.1972. A break above 1.2016 is needed to turn bullish.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Wednesday November 16, 2005
EUR-USD
1.1718. It may attempt a test higher to 1.1724 after which weakness may set it to a drift down to below 1.1662 limit.
USD-CHF
1.3167. There are initial signs of a good corrective recovery towards 1.3205 or even 1.3221. Supports at 1.3162 and 1.3135 zone.
USD-JPY
118.91. Should test support at 118.60 while below 118.91. If support at 118.60 holds it can rise up to119.32, if not it should fall to below 118.29 zone.
GBP-USD
1.7353. Market should hold major support at 1.7295 before rising towards 1.7399 or even 1.7445 limit.
EUR-CHF
1.5431. Current rise should end around 1.5426 or 1.5452. Objectives of this downmove are 1.5405 or 1.5379. A rise above 1.5473 is again bullish.
EUR-JPY
139.37. Currently uptrend should end around 139.91 - 139.56 area. A correction down to below 138.99 is expected. A rise above 139.76 will abort the expected correction.
EUR-GBP
0.6753. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6762 or 0.6783 if support around 0.6746 hold. After which a pullback to 0.6746 - 0.6739 zone is possible.
AUD-USD
0.7332. It should trade lower to 0.7288. Resistances are at 0.7335 and 0.7357. A break of 0.7391 is bullish.
USD-CAD
1.1927. Preferred view is for a fall to below 1.1903 while 1.1927 - 1.1940 area resists. A clear break of 1.1964 would be bullish.
Wednesday November 16, 2005
EUR-USD
1.1718. It may attempt a test higher to 1.1724 after which weakness may set it to a drift down to below 1.1662 limit.
USD-CHF
1.3167. There are initial signs of a good corrective recovery towards 1.3205 or even 1.3221. Supports at 1.3162 and 1.3135 zone.
USD-JPY
118.91. Should test support at 118.60 while below 118.91. If support at 118.60 holds it can rise up to119.32, if not it should fall to below 118.29 zone.
GBP-USD
1.7353. Market should hold major support at 1.7295 before rising towards 1.7399 or even 1.7445 limit.
EUR-CHF
1.5431. Current rise should end around 1.5426 or 1.5452. Objectives of this downmove are 1.5405 or 1.5379. A rise above 1.5473 is again bullish.
EUR-JPY
139.37. Currently uptrend should end around 139.91 - 139.56 area. A correction down to below 138.99 is expected. A rise above 139.76 will abort the expected correction.
EUR-GBP
0.6753. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6762 or 0.6783 if support around 0.6746 hold. After which a pullback to 0.6746 - 0.6739 zone is possible.
AUD-USD
0.7332. It should trade lower to 0.7288. Resistances are at 0.7335 and 0.7357. A break of 0.7391 is bullish.
USD-CAD
1.1927. Preferred view is for a fall to below 1.1903 while 1.1927 - 1.1940 area resists. A clear break of 1.1964 would be bullish.
RF_TRADERTIP
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Realtime Forex Daily Market Comment
Thursday November 17, 2005
EUR-USD
1.1669. It should register gains to 1.1703. Corrective decline should be supported in 1.1658 - 1.1631 area. Stop Loss below 1.1593 zone.
USD-CHF
1.3256. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3293 or 1.3363 if support around 1.3232 hold. After which a pullback to 1.3232 - 1.3205 zone is possible.
USD-JPY
119.18. Preferred view is for a fall to below 118.81 while 119.18 - 119.18 area resists. A clear break of 119.56 would be bullish.
GBP-USD
1.7165. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.7082 or 1.7077. Major support is clustered around 1.6986 limit.
EUR-CHF
1.5468. Current rise should end around 1.5459 or 1.5488. Objectives of this downmove are 1.5438 or 1.5409. A rise above 1.5509 is again bullish.
EUR-JPY
139.07. While below 139.27 or 139.45 it could fall towards below 138.71 or 138.34. After which a corrective/consolidation activity is expected.
EUR-GBP
0.6798. Current upmove should be ended around 0.6822 - 0.6847. Any correction consolidation should find support in 0.6787 - 0.6775 zone.
AUD-USD
0.7305. While below 0.7292 - 0.7307 it might drop to 0.7277 or below 0.7250 zone.
USD-CAD
1.1938. A correction down to 1.1901 or lower is now expected from 1.1936 or 1.1955. A break above 1.2009 is needed to turn bullish.
Thursday November 17, 2005
EUR-USD
1.1669. It should register gains to 1.1703. Corrective decline should be supported in 1.1658 - 1.1631 area. Stop Loss below 1.1593 zone.
USD-CHF
1.3256. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3293 or 1.3363 if support around 1.3232 hold. After which a pullback to 1.3232 - 1.3205 zone is possible.
USD-JPY
119.18. Preferred view is for a fall to below 118.81 while 119.18 - 119.18 area resists. A clear break of 119.56 would be bullish.
GBP-USD
1.7165. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.7082 or 1.7077. Major support is clustered around 1.6986 limit.
EUR-CHF
1.5468. Current rise should end around 1.5459 or 1.5488. Objectives of this downmove are 1.5438 or 1.5409. A rise above 1.5509 is again bullish.
EUR-JPY
139.07. While below 139.27 or 139.45 it could fall towards below 138.71 or 138.34. After which a corrective/consolidation activity is expected.
EUR-GBP
0.6798. Current upmove should be ended around 0.6822 - 0.6847. Any correction consolidation should find support in 0.6787 - 0.6775 zone.
AUD-USD
0.7305. While below 0.7292 - 0.7307 it might drop to 0.7277 or below 0.7250 zone.
USD-CAD
1.1938. A correction down to 1.1901 or lower is now expected from 1.1936 or 1.1955. A break above 1.2009 is needed to turn bullish.
