Forex Signal 14 Sept 07

EUR-USD
1.3885. Decline should be supported around 1.3856 - 1.3828 zone for rally to above 1.3956. A clear break of 1.3828 will damage this expected rally.
USD-CHF
1.1860. It may attempt a test higher to 1.1875 - 1.1899 after which weakness may set it to a drift down to below 1.1812 limit.
USD-JPY
115.08. Uptrend is still intact in a triangle configuration. It should continue to rally to 115.6 or 116.28 if support around 114.89 hold. After which a pullback to 114.89 - 114.59 zone is possible.
GBP-USD
2.0252. Current fall seems to be over near 2.0244 or 2.0209 for a rebound towards 2.0278 - 2.0300 area.
EUR-CHF
1.6467. Corrective dips should ideally halt near 1.6457 or 1.6437 for one more thrust upwards towards 1.6483 - 1.6508 area or 1.6549 in extention. Fall below 1.6416 puts it back on a downward path.
EUR-JPY
159.80. While below 160.66 it is more likely to fall further towards 159.19 or 158.75. Premature rise above 160.66 could see it rising above 161.53 zone.
EUR-GBP
0.6857. While below 0.6877 it is more likely to fall further towards 0.6844 or 0.6834. Premature rise above 0.6877 could see it rising above 0.6897 zone.
AUD-USD
0.8385. While below 0.8396 or 0.8412 it could fall towards below 0.8355 or 0.8324. After which a corrective/consolidation activity is expected.
USD-CAD
1.0341. Current fall is near an end of wave around 1.0279 - 1.033 zone, a rally should then procede to above 1.0361 or 1.0377. Fall below 1.0276 would cancel this scenario.


From: realtimeforex

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