Real Time Forex Signal 20 September 2007

Thursday September 20, 2007

Forex Signal

EUR-USD	1.3957. Decline should be supported around 1.3933 - 1.3909 zone for rally to above 1.4011. A clear break of 1.3909 will damage this expected rally.
USD-CHF	1.1842. It should be subject to more sell off towards 1.1800 or 1.1757. Corrective upward swings should face resistance around 1.1850 area. A break of 1.19015 is bullish.
USD-JPY	116.10. A correction down to 115.73 folowed buy a mouve up to 116.21 or 116.39. A break above 116.69 would accelerate this bullish move.
GBP-USD	2.0008. While above 1.9980 - 1.9915 zone a corrective dip could test 2.0044 or 2.0091 or 2.0138. After which it should resume his downtrend.
EUR-CHF	1.6529. Current rise should end around 1.6526 or 1.6562. Objectives of this downmove are 1.6494 or 1.6458. A rise above 1.6594 is again bullish.
EUR-JPY	162.04. Positive momentum should help it to test 162.53 or 163.03 while above 161.71 - 161.96 zone. A break of 161.46 will dent this bullish view.
EUR-GBP	0.6976. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6989 or 0.7033 if support around 0.6968 hold. After which a pullback to 0.6968 - 0.6954 zone is possible.
AUD-USD	0.8566. One move lower to 0.8512 or 0.8458 is anticipated while below 0.8568 - 0.8595 area. Stop loss above 0.8624 zone.
USD-CAD	1.0151. Is expected to fall lower than 1.0044. Entry sell point are at 1.0163 or 1.0190 . Stop loss above 1.019.

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By: Real Time Forex

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