Forex Signal 12 Sept 07

Wednesday September 12, 2007


EUR-USD
1.3839. Currently uptrend should end around 1.3859 - 1.3865 area. A correction down to below 1.3795 is expected. A rise above 1.3892 will abort the expected correction.
USD-CHF
1.1889. It looks set for gains to above 1.1913. Supports at 1.1864 and 1.1876. A break of 1.1851 will damage this bullish structure.
USD-JPY
114.27. Currently uptrend should end around 114.45 - 114.64 area. A correction down to below 113.65 is expected. A rise above 115.00 will abort the expected correction.
GBP-USD
2.0333. Market looks set for gains towards 2.0369 or above in extension. Dips should find support at 2.0301 - 2.0284 zone.
EUR-CHF
1.6453. Current rise seems to be over near 1.6455 or 1.6488 for a retracement towards 1.6422 - 1.6405 area.
EUR-JPY
158.14. Current rise seems to be over near 158.17 or 158.79 for a retracement towards 157.55 - 157.23 area.
EUR-GBP
0.6806. Decline should be supported around 0.6796 - 0.6786 zone for rally to above 0.6828. A clear break of 0.6786 will damage this expected rally.
AUD-USD
0.8347. A corrective/consolidation activity between 0.8274 and 0.8420 is likely for a while.
USD-CAD
1.0425. Market should not go lower than 1.0374. After this move down it should go up to 1.0418 - 1.0456 area.

From: realtimeforex

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