Friday January 6, 2006 EUR-USD 1.2110. Uptrend is still intact. It should continue to rally to 1.2132 or 1.2154 if supports at 1.2099 area hold. We anticipate a pullback to 1.2099 - 1.2088 zone as part of a triangle whitin a bullish structure. Upper break of this triangle lies at 1.2132 limit. USD-CHF 1.2757. It should register further gains to 1.2807 while 1.2729 caps downside attempts. Stop loss below 1.2700 zone. USD-JPY 115.91. Prefer a fall to 115.83 or 115.62. Then a correction to 116.19 is anticipated. A clear break of 115.32 is again bearish. GBP-USD 1.7559. Current upmove should be over between1.7575 and 1.7545. A correction down to 1.7442 is anticipated. A break of 1.7604 is bullish. EUR-CHF 1.5449. We prefer to see an attempt to below 1.543 or below 1.5410 in extension. A clear break of 1.5471 is bullish. EUR-JPY 140.37. It looks more likely that it would rise to above 140.63 or 140.84 from 140.19 or 139.95. After which a downside move to below 139.53 is expected. EUR-GBP 0.6896. Corrective dips should halt near 0.6879 for one more thrust upwards towards 0.6903. Stop loss below 0.6861 zone. AUD-USD 0.7474. A correction down to 0.7450 or lower is now expected from 0.7480 or 0.7491. A break above 0.7509 is needed to turn bullish. USD-CAD 1.1621. A corrective/consolidation activity between 1.1503 and 1.177 is likely for a while.
Monday January 9, 2006 EUR-USD 1.2151. Current upmove should be over between1.2166 and 1.2137. A correction down to 1.2035 is anticipated. A break of 1.2195 is bullish. USD-CHF 1.2700. It might hold above 1.2687 or 1.2652 for a rise towards above 1.2769. Stop loss below 1.2652 zone. USD-JPY 114.41. Market should meet resistance at 114.98. We expect then an extended move down to 113.99 -112.71 area. GBP-USD 1.7704. A corrective/consolidation activity between 1.7571 and 1.7876 is likely for a while. EUR-CHF 1.5432. Current fall is near an end of wave around 1.5400 - 1.5426 zone, a rally should then procede to above 1.5446 or 1.5458. Fall below 1.5384 would cancel this scenario. EUR-JPY 139.02. Market should meet resistance at 139.51. We expect then an extended move down to 138.46 -137.56 area. EUR-GBP 0.6863. Market should meet resistance at 0.6874. We expect then an extended move down to 0.6854 -0.6831 area. AUD-USD 0.7541. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7555 or 0.7616 if support around 0.7515 hold. After which a pullback to 0.7515 - 0.7496 zone is possible. USD-CAD 1.1656. Should test support at 1.1605 while below 1.1656. If support at 1.1605 holds it can rise up to1.1717, if not it should fall to below 1.1554 zone.
Monday January 9, 2006 EUR-USD 1.2151. Current upmove should be over between1.2166 and 1.2137. A correction down to 1.2035 is anticipated. A break of 1.2195 is bullish. USD-CHF 1.2700. It might hold above 1.2687 or 1.2652 for a rise towards above 1.2769. Stop loss below 1.2652 zone. USD-JPY 114.41. Market should meet resistance at 114.98. We expect then an extended move down to 113.99 -112.71 area. GBP-USD 1.7704. A corrective/consolidation activity between 1.7571 and 1.7876 is likely for a while. EUR-CHF 1.5432. Current fall is near an end of wave around 1.5400 - 1.5426 zone, a rally should then procede to above 1.5446 or 1.5458. Fall below 1.5384 would cancel this scenario. EUR-JPY 139.02. Market should meet resistance at 139.51. We expect then an extended move down to 138.46 -137.56 area. EUR-GBP 0.6863. Market should meet resistance at 0.6874. We expect then an extended move down to 0.6854 -0.6831 area. AUD-USD 0.7541. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7555 or 0.7616 if support around 0.7515 hold. After which a pullback to 0.7515 - 0.7496 zone is possible. USD-CAD 1.1656. Should test support at 1.1605 while below 1.1656. If support at 1.1605 holds it can rise up to1.1717, if not it should fall to below 1.1554 zone.
Wednesday January 11, 2006 EUR-USD 1.2151. Current rise seems to be over near 1.2166 or 1.2288 for a retracement towards 1.2044 - 1.1976 area. USD-CHF 1.2800. Market should meet resistance at 1.2852. We expect then an extended move down to 1.257 -1.2262 area. USD-JPY 114.40. Current fall seems to be over near 114.32 or 112.99 for a rebound towards 115.64 - 116.35 area. GBP-USD 1.7639. Current rise seems to be over near 1.7713 or 1.7899 for a retracement towards 1.7527 - 1.743 area. EUR-CHF 1.5445. Market should not go lower than 1.5367. After this move down it should go up to 1.5421 - 1.5472 area. EUR-JPY 138.00. Resistances lie around 139.95 and 141.61. It should test lower towards 138.3 zone. A clear break of 137.63 would be bearish. EUR-GBP 0.6847. Preferred view is for a fall to below 0.684 while 0.6868 - 0.6875 area resists. A clear break of 0.6898 would be bullish. AUD-USD 0.7542. Current rise seems to be over near 0.7547 or 0.7624 for a retracement towards 0.7469 - 0.7428 area. USD-CAD 1.1681. It may attempt a test higher to 1.1692 after which weakness may set it to a drift down to below 1.1498 limit.
Thursday January 12, 2006 EUR-USD 1.2128. A corrective/consolidation activity between 1.2067 and 1.2206 is likely for a while. USD-CHF 1.2758. While below 1.2773 - 1.2802 it might drop to 1.2702 or below 1.2645 zone. USD-JPY 114.14. There is bearish potential for a fall to 113.74 while 114.31 - 114.52 resist. After this fall a recovery up to 114.52 or 114.72 is expected. GBP-USD 1.7644. Market should hold major support at 1.7538 before rising towards 1.7703 or even 1.7762 limit. EUR-CHF 1.5472. Current rise should end around 1.5464 or 1.5487. Objectives of this downmove are 1.5449 or 1.5426. A rise above 1.5502 is again bullish. EUR-JPY 138.42. It should trade higher to 138.66 while 138.29 or 138.17 offers support. Stop loss below 138.05 zone. EUR-GBP 0.6874. Current rise seems to be over near 0.6880 or 0.6895 for a retracement towards 0.6865 - 0.6854 area. AUD-USD 0.7552. It should trade higher to 0.7585 while 0.7533 or 0.7517 offers support. Stop loss below 0.7500 zone. USD-CAD 1.1589. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1565 or 1.1543. Major support is clustered around 1.1506 limit.