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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The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.

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By: Real Time Forex


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