EUR/USD 1.0643. EUR as expected traded higher to levels near 1.0675 yesterday. Short term pictures hint at further gains towards 1.0725/40 or 1.0755/65.Supports are at 1.0625 & 1.0595. USD/CHF 1.3717. Selling on corrective rise to 1.3740/60 with stop above 1.3795 is preferred for fall to 1.3595/70 now. USD/JPY 118.19. The suggested drop to 117.35 materialized on Friday. Dollarâs corrective advances are likely to resisted near 118.70/119.00. Minor resistance is at 118.35/40. As long as 119.00/05 is not broken, USD is facing the danger of fall to 116.75/45. GBP/USD 1.6099. Cable comfortably met the target set near 1.6195 before giving up all the gains. It may move in 1.6050-1.6150 range for some time. EUR/CHF : 1.4587. Short term fall to 1.4565/55 is looked for while below 1.4615. EURJPY : 125.86. Short term supports at 125.20 & 125.00 are likely prop up EUR for a grind higher to 126.25/45. EURGBP : 0.6608. EUR should try 0.6645/50 while above 0.6590/85. AUD/USD : 0.5891. One more upside thrust to 0.5950/60 is expected while above 0.5870/65. USD/CAD : 1.5360. Dollar may move in 1.5280-1.5390 range for some time. Source : http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
EUR/USD.. .1.0665. EUR is moving along predicted lines so far. It may test 1.0705/60, where as of now it is likely to run into some resistance. Need to assess the price action in this area, as there is a chance for a decent down correction from these levels.Supports are at 1.0575/35, 1.0475 & 1.0425. USD/CHF.. 1.3670. Dollar is now expected to fall to 1.3685/35 or 1.3525.Resistance at 1.3935/1.4000. GBP/USD..1.6130. Cable repeatedly found support at 1.5965/50. It should now move higher to 1.6225/45 or 1.6300/35. USD/JPY..117.65. Dollar met the target set last week. It should fall to 116.75 or 116.00 now. Resistances are at 118.85 & 119.35.
EUR/USD 1.0730. EUR took the predicted path to test our target at 1.0745. Upside momentum continues to be strong for further gains to 1.0760/65.Supports are at 1.0705 & 1.0680. A clear break of 1.0765/70 & close above 1.0810 this week will add a lot of strength to EUR for test of 1.1010/15. USD/CHF 1.3617. Dollar slide downwards should continue towards 1.3575/55 or 1.3515/05. Resistances are at 1.3665 & 1.3690. USD/JPY 118.05. Dollar turned down precisely from our suggested level at 119.15. More downside towards 117.75/45 is anticipated, as Dollar is likely to be contained below 118.50/65 in short term. GBP/USD 1.6167. Cable tested close to 1.6010, slightly above our suggested level 1.6005, before going higher. It should rise to 1.6225/40 or 1.6265/70 now. Supports are at 1.6120 & 1.6100. EUR/CHF : 1.4615. EUR is expected to move within the channel 1.4590 â 1.4640 for some time. EUR/JPY : 126.69. One target seems to have been met near 127.05. EUR should go down to 126.35/15 in short term while below 127.05. EUR/GBP : 0.6637. EUR should try 0.6675/90. Supports are at 0.6620 & 0.6595. AUD/USD : 0.5894. No change in view. One more upside thrust to 0.5950/60 is expected while above 0.5850. USD/CAD : 1.5319. No change in view Dollar may move in 1.5270-1.5380 range for some time. http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
EUR/USD 1.0713. No change in view. EUR held above support at 1.0680/75 yesterday. Upside momentum continues to be strong for further gains to 1.0760/65. Supports are at 1.0705 & 1.0680. A clear break of 1.0765/70 & close above 1.0810 this week will add a lot of strength to EUR for test of 1.1010/15. USD/CHF 1.3655. No change in view. One more corrective upside attempt may fail near 1.3690/00 & Dollar should slide towards 1.3575/55 or 1.3515/05. USD/JPY 118.68. Dollar's upside probes should continue for some time with chance to test 119.05/10 or 119.30/35. Supports are at 118.55 & 118.40. GBP/USD 1.6162. Cable tested close to 1.6085, slightly below our support level 1.6100, before going higher. It should now rise to 1.6235/40 or 1.6265/70. Supports are at 1.6140 & 1.6120. EURCHF : 1.4630. It looks like EUR may break 1.4640 for an attempt near 1.4670. EUR/JPY : 127.14.EUR should grind higher to 127.45/60 while above 126.75. EUR/GBP : 0.6621. Short term fall to 0.6600/0.6595 is possible. Resistance is at 0.6635/40. AUD/USD : 0.5864. Correction is likely to continue for some more time between 0.5840 & 0.5900. USD/CAD : 1.5299. Dollar may move in 1.5260-1.5350 range for some time. Source : http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
EUR/USD 1.0768. EUR held above support at 1.0705 yesterday & tested our target near 1.0775. EUR has enough steam for further gains to 1.0800/05 or 1.0835 in the short term. Support is at 1.0735. A lot of divergence in MACD is noticed in 240/120 min charts warning of some corrections. USD/CHF 1.3597. As expected Dollar slid to 1.3575 where one target seems to have been met, but not confirmed by short term charts. It can still aim for 1.3540/15 or 1.3475. Resistance is at 1.3670. USD/JPY 117.92. Dollarâs upside probes failed near 118.85 itself yesterday. Now drop to 117.45/40 is looked for. Resistance is at 118.20. GBP/USD 1.6272. Cable is moving along anticipated lines so far. It should now rise to 1.6335/40 in the short term. Support is at 1.6245. EURCHF : 1.4645. Short term attempt near 1.4665/70 is still possible while above 1.4625/20. EUR/JPY : 127.01.EUR should grind higher to 127.45/60. Supports are at 126.75 & 126.50. EURGBP : 0.6612. No change in view. Short term fall to 0.6590/0.6585 is possible. Resistance is at 0.6635/40. AUD/USD : 0.5928. AUDâs resumption of downtrend should see 0.5950/65. Support is at 0 .5895. USD/CAD : 1.5213. Dollar should test 1.5175/65 while below 1.5255/60. http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
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