Real Time Forex Signal 01 October 2007

Forex Signal



EUR-USD
1.4259. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4323 or 1.436 if support around 1.4227 hold. After which a pullback to 1.4227 - 1.4202 zone is possible.
USD-CHF
1.1642. Market should meet resistance at 1.1669. We expect then an extended move down to 1.1617 -1.1560 area.
USD-JPY
114.86. Market should pop up towards 115.45 or 116.04 this bullish scenario would be damaged if 114.49 - 114.26 zone is broken, a severe break down could then occur.
GBP-USD
2.0460. Uptrend is still intact in a triangle configuration. It should continue to rally to 2.0528 or 2.0647 if support around 2.0375 hold. After which a pullback to 2.0375 - 2.0328 zone is possible.
EUR-CHF
1.6601. Supports at 1.6589 and 1.6579 should hold the downward correction . After which a big upmove could occur . Stop loss below 1.6579 limit.
EUR-JPY
163.79. It may attempt a test higher to 163.82 after which weakness may set it to a drift down to below 163.03 limit.
EUR-GBP
0.6970. There is bearish potential for a fall to 0.6953 or 0.6936 while 0.6993 - 0.7001 resist. After this fall a recovery up to 0.6993 or 0.7001 is expected.
AUD-USD
0.8873. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.8919 or 0.895 if support around 0.8849 hold. After which a pullback to 0.8849 - 0.8830 zone is possible.
USD-CAD
0.9947. It is likely to attempt nearer support at 0.9900 for extending further to below 0.9854 while below 0.9947 - 0.9984 area. Rise above 1.0007 would dampen this bearish expectation.



From: RealTimeForex



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