Real Time Forex Signal 28 September 2007


Forex Signal

Friday September 28, 2007

EUR-USD
1.4152. Our preferred outlook is for a drift down to 1.4121 or below 1.409. Resistances are at 1.4152 and 1.4155. A rise above 1.4186 would delay but not abort this expected fall.
USD-CHF
1.1738. Current rise seems to be over near 1.1740 or 1.1760 for a retracement towards 1.1719 - 1.1708 area.
USD-JPY
115.63. A correction down to 115.2 folowed buy a mouve up to 115.76 or 115.97. A break above 116.31 would accelerate this bullish move.
GBP-USD
2.0276. Current rise seems to be over near 2.0281 or 2.0328 for a retracement towards 2.0233 - 2.0207 area.
EUR-CHF
1.6613. N/A
EUR-JPY
163.64. One move lower to 163.12 or 162.61 is anticipated while below 163.81 - 164.06 area. Stop loss above 164.49 zone.
EUR-GBP
0.6980. There is bearish potential for a fall to 0.6968 while 0.6992 - 0.6998 resist. After this fall a recovery up to 0.6998 or 0.7004 is expected.
AUD-USD
0.8802. Strength can extend to 0.8818 or even higher than 0.8841 as declines are expected to find support at 0.8775 or 0.8755. A fall below 0.8709 could turn it bearish.
USD-CAD
1.0014. It is likely to fall to 0.9974 or below 0.9935 in extension while 1.0017 - 1.0037 area offer resistance. Above 1.0056 the outlook could turn bullish.


From: RealTimeForex

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