Real Time Forex Signal 21 September 2007

Signal Forex

Friday September 21, 2007

EUR-USD

1.4064. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4114 or 1.4182 if support around 1.4039 hold. After which a pullback to 1.4039 - 1.4010 zone is possible.

USD-CHF

1.1726. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.1671 or 1.1660. Major support is clustered around 1.1645 limit.

USD-JPY

114.76. It is likely to attempt to below 112.87 while below 114.76 - 114.94 area. Rise above 115.88 would dampen this bearish expectation.

GBP-USD

2.0077. Corrective dips should ideally halt near 2.0065 or 2.0025 for one more thrust upwards towards 2.0112 - 2.0158 area or 2.0238 in extention. Fall below 1.9985 puts it back on a downward path.

EUR-CHF

1.6492. It should test1.6497 area after which a sell off down to 1.6447 or extended to 1.6401 area. is expected.

EUR-JPY

161.39. It is likely to fall towards 160.6 as its corrective rally could falter in 161.89 - 161.49 area. Stop above 162.29 zone.

EUR-GBP

0.7005. A correction down to 0.6984 folowed buy a mouve up to 0.7008 or 0.7019. A break above 0.7032 would accelerate this bullish move.

AUD-USD

0.8621. While below 0.8669 it is more likely to fall further towards 0.8587 or 0.8562 zone.

USD-CAD

1.0024. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.9969 or 0.9959. Major support is clustered around 0.9925 limit.

From: Real Time Forex

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