Wednesday April 5, 2006
EUR-USD
1.2257. Current rise seems to be over near 1.2267 or 1.2316 for a retracement towards 1.2218 - 1.2189 area.
USD-CHF
1.2905. Market should meet resistance at 1.2948. We expect then an extended move down to 1.2848 -1.2777 area.
USD-JPY
117.53. It should register further gains to 117.91 while 117.20 caps downside attempts. Stop loss below 116.86 zone.
GBP-USD
1.7551. Current rise seems to be over near 1.7565 or 1.7630 for a retracement towards 1.7499 - 1.7460 area.
EUR-CHF
1.5818. Preferred outlook is for a drift down to below 1.5759. Resistances are at 1.5818 and 1.5822. A rise above 1.5852 would delay but not abort this expected fall.
EUR-JPY
144.06. Uptrend is still intact in a triangle configuration. It should continue to rally to 144.52 or 145.06 if support around 143.63 hold. After which a pullback to 143.63 - 143.38 zone is possible.
EUR-GBP
0.6977. Market looks set for gains towards 0.7017 or above in extension. Dips should find support at 0.6944 - 0.6924 zone.
AUD-USD
0.7204. Market looks set for gains towards 0.7245 or above in extension. Dips should find support at 0.7181 - 0.7160 zone.
USD-CAD
1.1632. There is bearish potential for a fall to 1.1583 while 1.1670 - 1.1695 resist. After this fall a recovery up to 1.1695 or 1.1719 is expected.
EUR-USD
1.2257. Current rise seems to be over near 1.2267 or 1.2316 for a retracement towards 1.2218 - 1.2189 area.
USD-CHF
1.2905. Market should meet resistance at 1.2948. We expect then an extended move down to 1.2848 -1.2777 area.
USD-JPY
117.53. It should register further gains to 117.91 while 117.20 caps downside attempts. Stop loss below 116.86 zone.
GBP-USD
1.7551. Current rise seems to be over near 1.7565 or 1.7630 for a retracement towards 1.7499 - 1.7460 area.
EUR-CHF
1.5818. Preferred outlook is for a drift down to below 1.5759. Resistances are at 1.5818 and 1.5822. A rise above 1.5852 would delay but not abort this expected fall.
EUR-JPY
144.06. Uptrend is still intact in a triangle configuration. It should continue to rally to 144.52 or 145.06 if support around 143.63 hold. After which a pullback to 143.63 - 143.38 zone is possible.
EUR-GBP
0.6977. Market looks set for gains towards 0.7017 or above in extension. Dips should find support at 0.6944 - 0.6924 zone.
AUD-USD
0.7204. Market looks set for gains towards 0.7245 or above in extension. Dips should find support at 0.7181 - 0.7160 zone.
USD-CAD
1.1632. There is bearish potential for a fall to 1.1583 while 1.1670 - 1.1695 resist. After this fall a recovery up to 1.1695 or 1.1719 is expected.