Monday November 10, 2008

EUR-USD
It should test 1.2785 area after which a sell off down to 1.2660 or extended to 1.2558 area is expected.

GBP-USD
It should see a sell off to below 1.5512 while 1.5695 area curtails its upside. A break beyond 1.5854 will abort the downside.

USD-JPY
It looks set for gains to above 99.09. Supports at 97.55 and 97.92. A break of 97.17 will damage this bullish structure.

USD-CHF
Current upmove should continue up to 1.1817 or 1.1865. Any correction should find support in 1.1749 - 1.1725 zone.A break above 1.1829 could accelerate the move up.

*Note : Today open market GAP around 30pips..so,bcarefull trade today...:)

Off day Sat ~ Sun..

Every weekend so bord bcoz nothing to do...
just sleept n do some analysist...

Friday November 7, 2008

EUR-USD
Market should not go lower than 1.2582. After this move down it should go up to 1.2697 - 1.2783 area.

GBP-USD
Market should meet resistance at 1.5745. We expect then an extended move down to 1.5576 -1.5269 area.

USD-JPY
Current fall is near an end of wave around 97 - 97.07 zone, a rally should then procede to above
98.22 or 98.45. Fall below 96.8 would cancel this scenario.

USD-CHF
Current rise seems to be over near 1.1788 or 1.1861 for a retracement towards 1.1715 - 1.1675 area.

Thursday November 6, 2008

EUR-USD
Strength can extend to 1.3036 or even higher than 1.3116 as declines are expected to find support at 1.2875 or 1.2794. A fall below 1.2633 could turn it bearish.

GBP-USD
It is a triangle configuration. Market should break either side. Acceleration should occur above 1.6198 or under 1.5753 limits.

USD-JPY
Market should meet resistance at 98.58. We expect then an extended move down to 97.9 -96.01 area.

USD-CHF
Current fall seems to be over near 1.1566 or 1.1506 for a rebound towards 1.1626 - 1.1664 area.