Monday November 21, 2005 EUR-USD 1.1772. It should trade higher to 1.1822 while 1.1742 or 1.1718 offers support. Stop loss below 1.1693 zone. USD-CHF 1.3143. There is bearish potential for a fall to 1.3093 while 1.3184 - 1.3209 resist. After this fall a recovery up to 1.3209 or 1.3233 is expected. USD-JPY 119.10. A corrective/consolidation activity between 118.73 and 119.76 is likely for a while. GBP-USD 1.7181. It looks set for gains to above 1.7239. Supports at 1.7140 and 1.7169. A break of 1.7110 will damage this bullish structure. EUR-CHF 1.5474. Our preferred outlook is for a drift down to 1.5461 or below 1.5447. Resistances are at 1.5474 and 1.5478. A rise above 1.5492 would delay but not abort this expected fall. EUR-JPY 140.22. Current rise seems to be over near 140.23 or 140.62 for a retracement towards 139.84 - 139.64 area. EUR-GBP 0.6851. Currently uptrend should end around 0.6864 - 0.6865 area. A correction down to below 0.6825 is expected. A rise above 0.6880 will abort the expected correction. AUD-USD 0.7337. Corrective dips should ideally halt near 0.7327 or 0.7319 for one more thrust upwards towards 0.7340 - 0.7353 area or 0.7370 in extention. Fall below 0.7310 puts it back on a downward path. USD-CAD 1.1899. It should be subject to more sell off towards 1.1866 or 1.1832. Corrective upward swings should face resistance around 1.1904 area. A break of 1.1946 is bullish.
Tuesday November 22, 2005 EUR-USD 1.1725. It looks more likely that it would rise to above 1.1782 or 1.1803 from 1.1722 or 1.1683. After which a downside move to below 1.1640 is expected. USD-CHF 1.3199. It should be subject to more sell off towards 1.3117 or 1.3036. Corrective upward swings should face resistance around 1.3311 area. A break of 1.3265 is bullish. USD-JPY 119.04. A corrective/consolidation activity between 118.57 and 119.11 is likely for a while. GBP-USD 1.7153. Current move should be supported in 1.7148 zone for a rise to above 1.7284. A break below 1.7078 opens the way down. EUR-CHF 1.5477. Our preferred outlook is for a drift down to 1.5462 or below 1.5447. Resistances are at 1.5477 and 1.5480. A rise above 1.5495 would delay but not abort this expected fall. EUR-JPY 139.61. While above 139.46 - 139.03 zone a corrective upmove could test 140.17 or 140.46. After which it should resume its downtrend. EUR-GBP 0.6835. Current move should be supported in 0.6828 zone for a rise to above 0.6902. A break below 0.6788 opens the way down. AUD-USD 0.7360. Strength can extend to 0.7377 or even higher than 0.7395 as declines are expected to find support at 0.7342 or 0.7325. Stop Loss below 0.7289 zone. USD-CAD 1.1824. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1812 or 1.1787. Major support is clustered around 1.1753 limit.
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.
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.