Realtime Forex Daily Market Comment

RF_TRADERTIP

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Wednesday November 23, 2005


EUR-USD

1.1813. It should trade lower to 1.1724. Resistances are at 1.1819 and 1.1863. A break of 1.1930 is bullish.

USD-CHF

1.3110. Prefer a fall to 1.3103 or 1.3055. Then a correction to 1.3177 is anticipated. A clear break of 1.3001 is again bearish.

USD-JPY

118.74. While above 118.70 - 118.43 zone a corrective dip could test 118.96 or 119.12 or 119.28. After which it should resume his downtrend.

GBP-USD

1.7223. It should be subject to more sell off towards 1.7112 or 1.7001. Corrective upward swings should face resistance around 1.7367 area. A break of 1.7317 is bullish.

EUR-CHF

1.5487. Market looks set for gains towards 1.5498 or above in extension. Dips should find support at 1.5480 - 1.5475 zone.

EUR-JPY

140.29. Market looks set for gains towards 140.66 or above in extension. Dips should find support at 140.06 - 139.88 zone.

EUR-GBP

0.6860. Market looks set for gains towards 0.6874 or above in extension. Dips should find support at 0.6851 - 0.6844 zone.

AUD-USD

0.7376. It should trade lower to 0.7335. Resistances are at 0.7382 and 0.7402. A break of 0.7421 is bullish.

USD-CAD

1.1740. Market should not go lower than 1.1683. After this move down it should go up to 1.1733 - 1.1775 area.
 
Thursday November 24, 2005


EUR-USD

1.1822. While below 1.1869 it is more likely to fall further towards 1.1793 or 1.1769. Premature rise above 1.1869 could see it rising above 1.1917 zone.

USD-CHF

1.3111. It is likely to fall towards 1.3004 unless a corrective rally breaks the 1.3141 resistance. Stop above 1.3168 zone.

USD-JPY

118.73. It may attempt a test higher to 118.89 - 119.11 after which weakness may set it to a drift down to below 118.27 limit.

GBP-USD

1.7238. Currently uptrend should end around 1.7266 - 1.7274 area. A correction down to below 1.7189 is expected. A rise above 1.7310 will abort the expected correction.

EUR-CHF

1.5502. It should find support in 1.5483 - 1.5464 area for a rally to 1.5534. Unexpected fall below 1.5464 will dent this bullish view.

EUR-JPY

140.35. Market looks set for gains towards 140.69 or above in extension. Dips should find support at 140.11 - 139.94 zone.

EUR-GBP

0.6858. Corrective dips should halt near 0.6840 for one more thrust upwards towards 0.6866. Stop loss below 0.6823 zone.

AUD-USD

0.7378. Current upmove should be over between0.7385 and 0.7375. A correction down to 0.7339 is anticipated. A break of 0.7395 is bullish.

USD-CAD

1.1720. It may meet resistance in 1.1720 - 1.1725 zone for a drift down to 1.1705 zone, after which bounce to 1.1735 is anticipated.
 
Comments ?

too thin, glib and lacking any supporting detail

the word "should" ought to be replaced with the word "may".

all in all, a bit tacky
 
Friday November 25, 2005


EUR-USD

1.1788. It is likely to fall towards 1.1764 as its corrective rally could falter in 1.1806 - 1.1794 area. Stop above 1.1818 zone.

USD-CHF

1.3154. Current rise should end around 1.3147 or 1.3182. Objectives of this downmove are 1.3118 or 1.3083. A rise above 1.3211 is again bullish.

USD-JPY

118.94. It should trade higher to 119.09 while 118.82 or 118.74 offers support. Stop loss below 118.66 zone.

GBP-USD

1.7228. Our preferred outlook is for a drift down to 1.7190 or below 1.7153. Resistances are at 1.7228 and 1.7239. A rise above 1.7276 would delay but not abort this expected fall.

EUR-CHF

1.5505. Our preferred view is for a drift down to 1.5494 or below 1.5484. Resistances is at 1.5503. A rise above 1.5516 would delay but not abort this expected fall.

EUR-JPY

140.19. It should trade higher to above 140.43 while 140.17 offer support. Minor support at 139.94. Stop Loss below 139.68 zone.

EUR-GBP

0.6841. It is likely to attempt to below 0.6812 while below 0.6841 - 0.6844 area. Rise above 0.6858 would dampen this bearish expectation.

AUD-USD

N/C

USD-CAD

1.1719. It should trade higher to 1.1737 or above 1.1755 in extention. Supports at 1.1710 and 1.1719. Stop loss below 1.1701 zone
 
Monday November 28, 2005


EUR-USD

1.1724. It is likely to attempt nearer support at 1.1693 for extending further to below 1.1661 while below 1.1724 - 1.1757 area. Rise above 1.1773 would dampen this bearish expectation.

USD-CHF

1.3189. Current upmove should be ended around 1.3222 - 1.3254. Any correction consolidation should find support in 1.3178 - 1.3162 zone.

USD-JPY

119.62. Uptrend is still intact in a triangle configuration. It should continue to rally to 120.02 or 120.19 if support around 119.40 hold. After which a pullback to 119.40 - 119.26 zone is possible.

GBP-USD

1.7144. It should see a sell off to below 1.7101 while 1.7167 area curtails its upside. A break beyond 1.7210 will abort the downside.

EUR-CHF

1.5465. It looks set to visit further lower territory down to around 1.5446. Its corrective attempts should fail ahead of 1.5480 or 1.5489. Stop loss above 1.5498 zone.

EUR-JPY

140.23. Our preferred outlook is for a drift down to 140.00 or below 139.77. Resistances are at 140.23 and 140.31. A rise above 140.54 would delay but not abort this expected fall.

EUR-GBP

0.6839. Market should hold major support at 0.6819 before rising towards 0.6847 or even 0.6855 limit.

AUD-USD

0.7358. Market should pop up towards 0.7383 or 0.7409 this bullish scenario would be damaged if 0.7345 - 0.7338 zone is broken, a severe break down could then occur.

USD-CAD

1.1693. Market should pop up towards 1.1729 or 1.1764 this bullish scenario would be damaged if 1.1686 - 1.1665 zone is broken, a severe break down could then occur.
 
Tuesday November 29, 2005


EUR-USD

1.1850. A corrective/consolidation activity between 1.1720 and 1.2033 is likely for a while.

USD-CHF

1.3050. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.3019 or 1.2949. Major support is clustered around 1.2919 limit.

USD-JPY

118.82. There is bearish potential for a fall to 118.13 while 119.03 - 119.38 resist. After this fall a recovery up to 119.38 or 119.72 is expected.

GBP-USD

1.7296. It should trade higher to 1.7409 while 1.7228 or 1.7172 offers support. Stop loss below 1.7116 zone.

EUR-CHF

1.5467. It should test 1.5470 area after which a sell off down to 1.5449 or extended to 1.5431 area is expected.

EUR-JPY

140.81. Uptrend is still intact in a triangle configuration. It should continue to rally to 140.92 or 141.53 if support around 140.58 hold. After which a pullback to 140.58 - 140.40 zone is possible.

EUR-GBP

0.6851. A corrective/consolidation activity between 0.6830 and 0.6887 is likely for a while.

AUD-USD

0.7418. It should trade higher to 0.7473 while 0.7398 or 0.7371 offers support. Stop loss below 0.7343 zone.

USD-CAD

1.1674. It is likely to fall towards 1.1640 as its corrective rally could falter in 1.1697 - 1.1679 area. Stop above 1.1714 zone.
 
Wednesday November 30, 2005


EUR-USD

1.1778. While above 1.1759 - 1.1724 zone a corrective dip could test 1.1793 or 1.1820 or 1.1847. After which it should resume his downtrend.

USD-CHF

1.3138. It should be subject to more sell off towards 1.3056 or 1.2975. Corrective upward swings should face resistance around 1.3181 area. A break of 1.3239 is bullish.

USD-JPY

119.67. It should trade lower to 119.05. Resistances are at 119.68 and 119.99. A break of 120.57 is bullish.

GBP-USD

1.7180. Current move should be supported in 1.7162 zone for a rise to above 1.7363. A break below 1.7051 opens the way down.

EUR-CHF

1.5475. Our preferred view is for a drift down to 1.5462 or below 1.5448. Resistances is at 1.5474. A rise above 1.5489 would delay but not abort this expected fall.

EUR-JPY

140.96. Current rise seems to be over near 141.03 or 141.23 for a retracement towards 140.82 - 140.68 area.

EUR-GBP

0.6855. A corrective/consolidation activity between 0.6839 and 0.6866 is likely for a while.

AUD-USD

0.7378. It looks more likely that it would rise to above 0.7401 or 0.7410 from 0.7375 or 0.7359. After which a downside move to below 0.7340 is expected.

USD-CAD

1.1689. It should be subject to more sell off towards 1.1653 or 1.1616. Corrective upward swings should face resistance around 1.1709 area. A break of 1.17335 is bullish.
 
Thursday December 1, 2005


EUR-USD

1.1787. Structure suggests that it could fall to 1.1760 or even lower than 1.1734 while below 1.1782 - 1.1795 area. A rise above 1.1808 is bullish.

USD-CHF

1.3151. A correction down to 1.312or lower is now expected from 1.3149 or 1.3165. A break above 1.321 is needed to to turn bullish.

USD-JPY

119.80. Current rise seems to be over near 119.82 or 120.02 for a retracement towards 119.62 - 119.52 area.

GBP-USD

1.7293. Market looks set for gains towards 1.7373 or above in extension. Dips should find support at 1.7268 - 1.7228 zone.

EUR-CHF

1.5502. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5514 or 1.5531 if support around 1.5492 hold. After which a pullback to 1.5492 - 1.5485 zone is possible.

EUR-JPY

141.22. Market looks set for gains towards 141.53 or above in extension. Dips should find support at 141.03 - 140.88 zone.

EUR-GBP

0.6816. Market should pop up towards 0.6849 or 0.6881 this bullish scenario would be damaged if 0.6792 - 0.6791 zone is broken, a severe break down could then occur.

AUD-USD

0.7379. It looks set to visit further lower territory down to around 0.7365. Its corrective attempts should fail ahead of 0.7385 or 0.7393. Stop loss above 0.7400 zone.

USD-CAD

1.1656. We prefer to see an attempt to below 1.1633 or below 1.1611 in extension. A clear break of 1.1676 is bullish.
 
Friday December 2, 2005


EUR-USD

1.1737. It is likely to fall towards 1.1630 unless a corrective rally breaks the 1.1771 resistance. Stop above 1.1797 zone.

USD-CHF

1.3176. A corrective/consolidation activity between 1.2846 and 1.3399 is likely for a while.

USD-JPY

120.50. Uptrend is still intact in a triangle configuration. It should continue to rally to 120.98 or 121.4 if support around 120.35 hold. After which a pullback to 120.35 - 120.16 zone is possible.

GBP-USD

1.7313. Current rise should end around 1.7306 or 1.735. Objectives of this downmove are 1.7268 or 1.7224. A rise above 1.7388 is again bullish.

EUR-CHF

1.5466. Our preferred outlook is for a drift down to 1.5443 or below 1.5420. Resistances are at 1.5466 and 1.5476. A rise above 1.5499 would delay but not abort this expected fall.

EUR-JPY

141.45. Market looks set for gains towards 141.89 or above in extension. Dips should find support at 141.33 - 141.19 zone.

EUR-GBP

0.6779. Current fall is near an end of wave around 0.6724 - 0.6759 zone, a rally should then procede to above 0.6800 or 0.6814. Fall below 0.6722 would cancel this scenario.

AUD-USD

0.7419. Current upmove should continue up to 0.7444 or 0.7470. Any correction should find support in 0.7412 - 0.7399 zone.

USD-CAD

1.1663. While below 1.1643 - 1.1674 it might drop to 1.1612 or below 1.1562 zone.
 
Monday December 5, 2005




EUR-USD

1.1717. Market should hold major support at 1.1635 before rising towards 1.1758 or even 1.1800 limit.

USD-CHF

1.3168. It looks more likely that it would rise to above 1.3201 or 1.3220 from 1.3156 or 1.3130. After which a downside move to below 1.3091 is expected.

USD-JPY

120.52. There are initial signs of a good corrective recovery towards 120.88 or even 121.11. Supports at 120.36 and 120.07 zone.

GBP-USD

1.7332. A corrective/consolidation activity between 1.7261 and 1.7369 is likely for a while.

EUR-CHF

1.5431. It may meet resistance in 1.5431 - 1.5442 zone for a drift down to 1.5397 zone, after which bounce to 1.5450 is anticipated.

EUR-JPY

141.20. One more dip to 140.69 or 140.19 is likely followed by a grind higher to above 141.48 or 142.27. After which it can resume its downtrend.

EUR-GBP

0.6760. It may meet resistance in 0.676 - 0.6764 zone for a drift down to 0.6748 zone, after which bounce to 0.6771 is anticipated.

AUD-USD

0.7488. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7539 or 0.7539 if support around 0.7465 hold. After which a pullback to 0.7465 - 0.7453 zone is possible.

USD-CAD

1.1611. It might hold above 1.1608 or 1.1586 for a rise towards above 1.1655. Stop loss below 1.1586 zone.
 
Tuesday December 6, 2005


EUR-USD

1.1788. A corrective/consolidation activity between 1.1712 and 1.1895 is likely for a while.

USD-CHF

1.3070. Market should meet resistance at 1.3106. We expect then an extended move down to 1.3040 -1.2963 area.

USD-JPY

120.81. Preferred view is for a fall to below 120.55 while 120.81 - 120.97 area resists. A clear break of 121.23 would be bullish.

GBP-USD

1.7422. A corrective/consolidation activity between 1.7315 and 1.755 is likely for a while.

EUR-CHF

1.5407. We prefer to see an attempt to below 1.5390 or below 1.5373 in extension. A clear break of 1.5432 is bullish.

EUR-JPY

142.41. While below 142.86 it is more likely to fall further towards 142.02 or 141.79. Premature rise above 142.86 could see it rising above 143.32 zone.

EUR-GBP

0.6766. One more dip to 0.6753 or 0.6741 is likely followed by a grind higher to above 0.6773 or 0.6793. After which it can resume its downtrend.

AUD-USD

0.7488. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7539 or 0.7539 if support around 0.7465 hold. After which a pullback to 0.7465 - 0.7453 zone is possible.

USD-CAD

1.1611. It might hold above 1.1608 or 1.1586 for a rise towards above 1.1655. Stop loss below 1.1586 zone.
 
Great Clls, Update USD/CAD

Nico, great calls here, could you please update USD/CAD for current market. Looks like it was Mondays copy/paste. Its @ 1.1562 at the time of this post. Thanks :)
 
Wednesday December 7, 2005


EUR-USD

1.1788. A corrective/consolidation activity between 1.1712 and 1.1895 is likely for a while.

USD-CHF

1.3070. Market should meet resistance at 1.3106. We expect then an extended move down to 1.3040 -1.2963 area.

USD-JPY

120.81. Preferred view is for a fall to below 120.55 while 120.81 - 120.97 area resists. A clear break of 121.23 would be bullish.

GBP-USD

1.7422. A corrective/consolidation activity between 1.7315 and 1.7550 is likely for a while.

EUR-CHF

1.5407. We prefer to see an attempt to below 1.539 or below 1.5373 in extension. A clear break of 1.5432 is bullish.

EUR-JPY

142.41. While below 142.86 it is more likely to fall further towards 142.02 or 141.79. Premature rise above 142.86 could see it rising above 143.32 zone.

EUR-GBP

0.6766. One more dip to 0.6753 or 0.6741 is likely followed by a grind higher to above 0.6773 or 0.6793. After which it can resume its downtrend.

AUD-USD

0.7515. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7546 or 0.7574 if support around 0.7498 hold. After which a pullback to 0.7498 - 0.7483 zone is possible.

USD-CAD

1.1573. Current fall is near an end of wave around 1.1515 - 1.1544 zone, a rally should then procede to above 1.1600 or 1.1616. Fall below 1.1506 would cancel this scenario.
 
Thursday December 8, 2005


EUR-USD

1.1725. Market should meet resistance at 1.1744. We expect then an extended move down to 1.1703 -1.1669 area.

USD-CHF

1.3133. Current rise seems to be over near 1.3147 or 1.3181 for a retracement towards 1.3112 - 1.3088 area.

USD-JPY

121.02. Market looks set for gains towards 121.27 or above in extension. Dips should find support at 120.92 - 120.80 zone.

GBP-USD

1.7354. It is likely to fall towards 1.7287 as its corrective rally could falter in 1.7392 - 1.7359 area. Stop above 1.7425 zone.

EUR-CHF

1.5398. One more dip to 1.5389 or 1.5379 is likely followed by a grind higher to above 1.5403 or 1.5417. After which it can resume its downtrend.

EUR-JPY

141.90. It is likely to fall towards 141.45 as its corrective rally could falter in 142.23 - 142.01 area. Stop above 142.45 zone.

EUR-GBP

0.6756. Preferred outlook is for a drift down to below 0.6735. Resistances are at 0.6756 and 0.6762. A rise above 0.6773 would delay but not abort this expected fall.

AUD-USD

0.7476. Market should meet resistance at 0.7490. We expect then an extended move down to 0.7455 -0.7435 area.

USD-CAD

1.1598. Resistances lie around 1.1620 and 1.1678. It should test lower towards 1.1561 zone. A clear break of 1.1589 would be bearish.
 
Friday December 9, 2005


EUR-USD

1.1818. A corrective/consolidation activity between 1.1732 and 1.1935 is likely for a while.

USD-CHF

1.3000. Current fall seems to be over near 1.2984 or 1.2928 for a rebound towards 1.3040 - 1.3076 area.

USD-JPY

120.33. It should see a sell off to below 119.82 while 120.48 area curtails its upside. A break beyond 121.00 will abort the downside.

GBP-USD

1.7526. Current rise seems to be over near 1.7543 or 1.7616 for a retracement towards 1.7470 - 1.7425 area.

EUR-CHF

1.5364. We prefer to see an attempt to below 1.535 or below 1.5335 in extension. A clear break of 1.5383 is bullish.

EUR-JPY

142.20. It looks set for gains to above 142.76. Supports at 141.75 and 142.03. A break of 141.48 will damage this bullish structure.

EUR-GBP

0.6743. It should see a sell off to below 0.6728 while 0.6748 area curtails its upside. A break beyond 0.6764 will abort the downside.

AUD-USD

0.7495. It may attempt a test higher to 0.7506 - 0.7527 after which weakness may set it to a drift down to below 0.7453 limit.

USD-CAD

1.1587. Preferred outlook is for a drift down to below 1.1539. Resistances are at 1.1587 and 1.1596. A rise above 1.1620 would delay but not abort this expected fall.
 
Monday December 12, 2005


EUR-USD

1.1814. Current upmove should continue up to 1.1846 or 1.1878. Any correction should find support in 1.1806 - 1.1790 zone.A break above1.1847 could accelerate the move up.

USD-CHF

1.3029. It is likely to attempt to below 1.2956 while below 1.3029 - 1.3031 area. Rise above 1.3067 would dampen this bearish expectation.

USD-JPY

120.63. It may attempt a test higher to 120.70 after which weakness may set it to a drift down to below 120.36 limit.

GBP-USD

1.7548. A correction down to 1.7485 or lower is now expected from 1.7557 or 1.7588. A break above 1.7629 is needed to turn bullish.

EUR-CHF

1.5394. It should trade higher to 1.5413 while 1.5386 or 1.5377 offers support. Stop loss below 1.5368 zone.

EUR-JPY

142.51. A corrective/consolidation activity between 141.96 and 143.22 is likely for a while.

EUR-GBP

0.6732. Current fall is near an end of wave around 0.6716 - 0.6725 zone, a rally should then procede to above 0.6739 or 0.6744. Fall below 0.6713 would cancel this scenario.

AUD-USD

0.7504. Our preferred view is for a drift down to 0.7490 or below 0.7476. Resistances is at 0.7495. A rise above 0.7521 would delay but not abort this expected fall.

USD-CAD

1.1572. Our preferred outlook is for a drift down to 1.1551 or below 1.1531. Resistances are at 1.1572 and 1.1583. A rise above 1.1603 would delay but not abort this expected fall.
 
Tuesday December 13, 2005


EUR-USD

1.1954. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1991 or 1.2110 if support around 1.1905 hold. After which a pullback to 1.1905 - 1.1866 zone is possible.

USD-CHF

1.2900. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2871 or 1.2819. Major support is clustered around 1.2776 limit.

USD-JPY

119.78. There is bearish potential for a fall to 119.18 or 118.58 while 120.42 - 120.72 resist. After this fall a recovery up to 120.42 or 120.72 is expected.

GBP-USD

1.7761. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7801 or 1.7955 if support around 1.7676 hold. After which a pullback to 1.7676 - 1.7628 zone is possible.

EUR-CHF

1.5420. Current rise seems to be over near 1.5425 or 1.5440 for a retracement towards 1.5409 - 1.5400 area.

EUR-JPY

143.16. Current upmove should be ended around 143.77 - 144.38. Any correction consolidation should find support in 143.00 - 142.70 zone.

EUR-GBP

0.6730. Preferred outlook is for a drift down to below 0.6703. Resistances are at 0.6730 and 0.6735. A rise above 0.6748 would delay but not abort this expected fall.

AUD-USD

0.7554. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7567 or 0.7620 if support around 0.7534 hold. After which a pullback to 0.7534 - 0.7518 zone is possible.

USD-CAD

1.1511. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1488 or 1.1478. Major support is clustered around 1.1443 limit.
 
Wednesday December 14, 2005


EUR-USD

1.1945. A corrective rise should ideally test 1.1986 or even higher than 1.2027. Supports are at 1.1942. Stop loss below 1.1865 zone.

USD-CHF

1.2930. It should test 1.2957 area after which a sell off down to 1.2876 or extended to 1.2822 area is expected.

USD-JPY

119.95. It should see a sell off to below 119.57 while 120.21 area curtails its upside. A break beyond 120.40 will abort the downside.

GBP-USD

1.7703. There are initial signs of a good corrective recovery towards 1.7742 or even 1.7771. Supports at 1.7679 and 1.7645 zone.

EUR-CHF

1.5445. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5468 or 1.5494 if support around 1.5436 hold. After which a pullback to 1.5436 - 1.5424 zone is possible.

EUR-JPY

143.27. Our preferred view is for a drift down to 143.06 or below 142.85. Resistances is at 143.12. A rise above 143.53 would delay but not abort this expected fall.

EUR-GBP

0.6747. It should find support in 0.673 - 0.6713 area for a rally to 0.6777. Unexpected fall below 0.6713 will dent this bullish view.

AUD-USD

0.7544. There are initial signs of a good corrective recovery towards 0.7557 or even 0.7568. Supports at 0.7535 and 0.7523 zone.

USD-CAD

1.1500. Current fall is near an end of wave around 1.1471 - 1.1474 zone, a rally should then procede to above 1.1519 or 1.1529. Fall below 1.1459 would cancel this scenario.
 
Tks for send me updates I will be grateful if you continue send me news and updates on forex, I think (very soon) open one account to trade with real money, TKS again. (sorry my english)
 
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