Tuesday December 20, 2005 EUR-USD 1.2007. It may attempt a test higher to 1.2023 after which weakness may set it to a drift down to below 1.1975 limit. USD-CHF 1.2923. A corrective/consolidation activity between 1.2881 and 1.2942 is likely for a while. USD-JPY 116.15. A corrective/consolidation activity between 115.59 and 116.35 is likely for a while. GBP-USD 1.7628. It should see a sell off to below 1.7569 while 1.7651 area curtails its upside. A break beyond 1.7709 will abort the downside. EUR-CHF 1.5517. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5528 or 1.5551 if support around 1.5512 hold. After which a pullback to 1.5512 - 1.5504 zone is possible. EUR-JPY 139.45. There are initial signs of a good corrective recovery towards 140.03 or even 140.61. Supports at 139.18 and 138.89 zone. EUR-GBP 0.6811. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6821 or 0.6842 if support around 0.6801 hold. After which a pullback to 0.6801 - 0.6794 zone is possible. AUD-USD 0.7400. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.7387 or 0.7375. Major support is clustered around 0.7333 limit. USD-CAD 1.1690. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1730 or 1.1779 if support around 1.1657 hold. After which a pullback to 1.1657 - 1.1635 zone is possible.
Thursday December 22, 2005 EUR-USD 1.1836. Current fall is near an end of wave around 1.1747 - 1.1796 zone, a rally should then procede to above 1.1874 or 1.1898. Fall below 1.1739 would cancel this scenario. USD-CHF 1.3130. While below 1.3188 it is more likely to fall further towards 1.3081 or 1.3052. Premature rise above 1.3188 could see it rising above 1.3246 zone. USD-JPY 117.38. Currently uptrend should end around 117.81 - 117.69 area. A correction down to below 116.91 is expected. A rise above 118.00 will abort the expected correction. GBP-USD 1.7449. It is likely to attempt nearer support at 1.7356 for extending further to below 1.7264 while below 1.7449 - 1.7521 area. Rise above 1.7567 would dampen this bearish expectation. EUR-CHF 1.5541. Difficult to predict next move. It should stay in a trading range between 1.5536 - 1.5568 EUR-JPY 138.95. One more dip to 138.53 is likely followed by a grind higher to above 139.18. After which it can resume his downtrend. EUR-GBP 0.6783. It may attempt a test higher to 0.6789 after which weakness may set it to a drift down to below 0.6760 limit. AUD-USD 0.7332. It should register further gains to 0.7361 while 0.7312 caps downside attempts. Stop loss below 0.7291 zone. USD-CAD 1.1653. There is bearish potential for a fall to 1.1621 while 1.1683 - 1.1700 resist. After this fall a recovery up to 1.1700 or 1.1716 is expected.
Friday December 23, 2005 EUR-USD 1.1868. It should trade lower to 1.1771. Resistances are at 1.1858 and 1.1883. A break of 1.1907 is bullish.confirmed by a close above 1.1897 limit. USD-CHF 1.3123. A drift down to 1.3029 from 1.3123 - 1.3100 area could be followed by a consolidation/corrective activity. USD-JPY 116.65. Market should meet resistance at 116.90. We expect then an extended move down to 116.52 -115.89 area. GBP-USD 1.7373. It may meet resistance in 1.7373 - 1.7389 zone for a drift down to 1.7325 zone, after which bounce to 1.7415 is anticipated. EUR-CHF 1.5574. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5594 or 1.5608 if support around 1.5562 hold. After which a pullback to 1.5562 - 1.5554 zone is possible. EUR-JPY 138.43. Overall structure is bearish. Decelerating momentum could attract it towards supports at 138.33 or 138.07. Major support is clustered around 137.78 limit. EUR-GBP 0.6832. Current rise seems to be over near 0.6836 or 0.6855 for a retracement towards 0.6817 - 0.6805 area. AUD-USD 0.7315. Market should pop up towards 0.7340 or 0.7366 this bullish scenario would be damaged if 0.7307 - 0.7298 zone is broken, a severe break down could then occur. USD-CAD 1.1665. Market should hold major support at 1.1447 before rising towards 1.1660 or even 1.1731 limit.
Tuesday December 27, 2005 EUR-USD 1.1870. A corrective/consolidation activity between 1.1856 and 1.1897 is likely for a while. USD-CHF 1.3123. Our preferred outlook is for a drift down to 1.3106 or below 1.3089. Resistances are at 1.3123 and 1.3123. A rise above 1.3140 would delay but not abort this expected fall. USD-JPY 116.23. A drift to below 116.04 or maximum 115.86 is expected to precede a rally towards above 116.33 or 116.42. Fall below 115.86 would be bearish. GBP-USD 1.7345. It should trade higher to 1.737 or above 1.7395 in extention. Supports at 1.7333 and 1.7345. Stop loss below 1.732 zone EUR-CHF 1.5578. A correction down to 1.5519 or lower is now expected from 1.5579 or 1.5609. A break above 1.5639 is needed to turn bullish. EUR-JPY 137.96. It is likely to attempt nearer support at 137.70 for extending further to below 137.43 while below 137.96 - 138.09 area. Rise above 138.23 would dampen this bearish expectation. EUR-GBP 0.6844. Current rise is now over. Objectives of this downmove are at 0.6835 or 0.6826. A rise above 0.6862 is again bullish. AUD-USD 0.7278. A drift to below 0.7264 or maximum 0.7250 is expected to precede a rally towards above 0.7285 or 0.7292. Fall below 0.7250 would be bearish. USD-CAD 1.1663. Difficult to predict the next move. If first down it should hold 1.1655 or 1.1647 to 1.1679. If first up it should face resistance in 1.1671 - 1.1679 zone to 1.1647 zone
Wednesday December 28, 2005 EUR-USD 1.1827. We prefer to see an attempt to below 1.1810 or below 1.1793 in extension. A clear break of 1.1853 is bullish. USD-CHF 1.3177. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3180 or 1.3225 if support around 1.3154 hold. After which a pullback to 1.3154 - 1.3142 zone is possible. USD-JPY 117.42. Uptrend is still intact in a triangle configuration. It should continue to rally to 117.93 or 118.18 if support around 117.06 hold. After which a pullback to 117.06 - 116.87 zone is possible. GBP-USD 1.7272. There is bearish potential for a fall to 1.7231 while 1.7307 - 1.7328 resist. After this fall a recovery up to 1.7328 or 1.7348 is expected. EUR-CHF 1.5584. Corrective dips should ideally halt near 1.5578 or 1.5572 for one more thrust upwards towards 1.5588 - 1.5597 area or 1.561 in extention. Fall below 1.5565 puts it back on a downward path. EUR-JPY 138.87. Current rise seems to be over near 138.98 or 139.36 for a retracement towards 138.59 - 138.34 area. EUR-GBP 0.6846. It looks set for gains to above 0.6858. Supports at 0.6836 and 0.6842. A break of 0.6830 will damage this bullish structure. AUD-USD 0.7241. There is bearish potential for a fall to 0.7212 while 0.7263 - 0.7278 resist. After this fall a recovery up to 0.7278 or 0.7292 is expected. USD-CAD 1.1744. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1768 or 1.1806 if support around 1.1716 hold. After which a pullback to 1.1716 - 1.1701 zone is possible.
Thursday December 29, 2005 EUR-USD 1.1833. While below 1.1823 or 1.1859 it could fall towards below 1.1740. Rise above 1.1883 could activate some bullish pattern. USD-CHF 1.3171. It should trade higher to 1.3225 or above 1.3279 in extention. Supports at 1.3111 and 1.3138. Stop loss below 1.3084 zone USD-JPY 117.92. Uptrend is still intact in a triangle configuration. It should continue to rally to 118.46 or 118.59 if support around 117.61 hold. After which a pullback to 117.61 - 117.45 zone is possible. GBP-USD 1.7168. There is bearish potential for a fall to 1.7063 or 1.6957 while 1.7288 - 1.7341 resist. After this fall a recovery up to 1.7288 or 1.7341 is expected. EUR-CHF 1.5585. It looks set for gains to above 1.5601. Supports at 1.5574 and 1.5582. A break of 1.5566 will damage this bullish structure. EUR-JPY 139.53. One move lower to 138.93 or 138.34 is anticipated while below 139.72 - 140.01 area. Stop loss above 140.50 zone. EUR-GBP 0.6892. Current upmove should be ended around 0.6917 - 0.6942. Any correction consolidation should find support in 0.6882 - 0.6870 zone. AUD-USD 0.7289. Current rise seems to be over near 0.7303 or 0.7324 for a retracement towards 0.7282 - 0.7264 area. USD-CAD 1.1655. Current fall seems to be over near 1.1636 or 1.1599 for a rebound towards 1.1672 - 1.1701 area.
Friday December 30, 2005 EUR-USD 1.1840. While below 1.1836 - 1.1903 it might drop to 1.1768 or below 1.1665 zone. USD-CHF 1.3147. A corrective/consolidation activity between 1.2942 and 1.3351 is likely for a while. USD-JPY 117.84. Decline should be supported around 117.70 - 117.56 zone for rally to above 118.12. A clear break of 117.56 will damage this expected rally. GBP-USD 1.7249. It should trade lower to 1.7118. Resistances are at 1.7233 and 1.7266. A break of 1.7298 is bullish.confirmed by a close above 1.7298 limit. EUR-CHF 1.5567. It looks set to visit further lower territory down to around 1.5550. Its corrective attempts should fail ahead of 1.5572 or 1.5581. Stop loss above 1.5590 zone. EUR-JPY 139.53. Decline should be supported around 139.27 - 139.01 zone for rally to above 140.15. A clear break of 139.01 will damage this expected rally. EUR-GBP 0.6864. It looks more likely that it would rise to 0.6890 from 0.6860 or 0.6847. After which a downside move is expected. AUD-USD 0.7315. Current upmove should be ended around 0.7342 - 0.7368. Any correction consolidation should find support in 0.7306 - 0.7293 zone. USD-CAD 1.1641. It may meet resistance in 1.1641 - 1.1648 zone for a drift down to 1.1619 zone, after which bounce to 1.1660 is anticipated.
Tuesday January 3, 2006 EUR-USD 1.1828. It should see a sell off to below 1.1775 while 1.1831 area curtails its upside. A break beyond 1.1885 will abort the downside. USD-CHF 1.3156. Corrective dips should ideally halt near 1.3149 or 1.3125 for one more thrust upwards towards 1.3177 - 1.3204 area or 1.3252 in extention. Fall below 1.3101 puts it back on a downward path. USD-JPY 118.00. It should trade higher to 118.45 or above 118.89 in extention. Supports at 117.50 and 117.72. Stop loss below 117.28 zone GBP-USD 1.7189. While below 1.7177 or 1.7217 it could fall towards below 1.7086. Rise above 1.7243 could activate some bullish pattern. EUR-CHF 1.5562. It should test 1.5570 area after which a sell off down to 1.5539 or extended to 1.5515 area is expected. EUR-JPY 139.59. It may attempt a test higher to 139.72 after which weakness may set it to a drift down to below 138.92 limit. EUR-GBP 0.6882. It may attempt a test higher to 0.6887 after which weakness may set it to a drift down to below 0.6855 limit. AUD-USD 0.7338. Currently uptrend should end around 0.7362 - 0.7353 area. A correction down to below 0.7315 is expected. A rise above 0.7368 will abort the expected correction. USD-CAD 1.1633. While below 1.1620 - 1.1647 it might drop to 1.1593 or below 1.1554 zone.
Wednesday January 4, 2006 EUR-USD 1.2018. Current rise seems to be over near 1.2025 or 1.2095 for a retracement towards 1.1954 - 1.1915 area. USD-CHF 1.2902. Market should not go lower than 1.2807. After this move down it should go up to 1.2896 - 1.2983 area. USD-JPY 116.16. Market should not go lower than 115.30. After this move down it should go up to 116.09 - 116.69 area. GBP-USD 1.7463. Current rise seems to be over near 1.7464 or 1.7555 for a retracement towards 1.7372 - 1.7326 area. EUR-CHF 1.5506. It is likely to attempt nearer support at 1.5483 for extending further to below 1.5459 while below 1.5506 - 1.5530 area. Rise above 1.5542 would dampen this bearish expectation. EUR-JPY 139.60. It may attempt a test higher to 139.73 after which weakness may set it to a drift down to below 139.06 limit. EUR-GBP 0.6882. Difficult to predict the next move. If first down it should hold 0.6867 or 0.6857 to 0.6901. If first up it should face resistance in 0.6889 - 0.6901 zone to 0.6857 zone AUD-USD 0.7402. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7413 or 0.7477 if support around 0.7377 hold. After which a pullback to 0.7377 - 0.7359 zone is possible. USD-CAD 1.1560. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1541 or 1.1505. Major support is clustered around 1.1482 limit.
Wednesday January 4, 2006 EUR-USD 1.2018. Current rise seems to be over near 1.2025 or 1.2095 for a retracement towards 1.1954 - 1.1915 area. USD-CHF 1.2902. Market should not go lower than 1.2807. After this move down it should go up to 1.2896 - 1.2983 area. USD-JPY 116.16. Market should not go lower than 115.30. After this move down it should go up to 116.09 - 116.69 area. GBP-USD 1.7463. Current rise seems to be over near 1.7464 or 1.7555 for a retracement towards 1.7372 - 1.7326 area. EUR-CHF 1.5506. It is likely to attempt nearer support at 1.5483 for extending further to below 1.5459 while below 1.5506 - 1.5530 area. Rise above 1.5542 would dampen this bearish expectation. EUR-JPY 139.60. It may attempt a test higher to 139.73 after which weakness may set it to a drift down to below 139.06 limit. EUR-GBP 0.6882. Difficult to predict the next move. If first down it should hold 0.6867 or 0.6857 to 0.6901. If first up it should face resistance in 0.6889 - 0.6901 zone to 0.6857 zone AUD-USD 0.7402. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7413 or 0.7477 if support around 0.7377 hold. After which a pullback to 0.7377 - 0.7359 zone is possible. USD-CAD 1.1560. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1541 or 1.1505. Major support is clustered around 1.1482 limit.