forex signals

Real Time Forex Signal 04 October 2007




EUR-USD
1.4090. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.4056 or 1.4049. Major support is clustered around 1.3987 limit.
USD-CHF
1.1806. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1834 or 1.1873 if support around 1.1776 hold. After which a pullback to 1.1776 - 1.1759 zone is possible.
USD-JPY
116.75. Uptrend is still intact in a triangle configuration. It should continue to rally to 116.92 or 117.57 if support around 116.36 hold. After which a pullback to 116.36 - 116.16 zone is possible.
GBP-USD
2.0321. Overall structure is bearish. Decelerating momentum could attract it towards supports at 2.0293 or 2.0273. Major support is clustered around 2.0210 limit.
EUR-CHF
1.6634. Our preferred outlook is for a drift down to 1.6607 or below 1.6581. Resistances are at 1.6634 and 1.6641. A rise above 1.6667 would delay but not abort this expected fall.
EUR-JPY
164.50. A correction down to 163.63 or lower is now expected from 164.47 or 164.91. A break above 166.18 is needed to turn bullish.
EUR-GBP
0.6934. Preferred outlook is for a drift down to below 0.6911. Resistances are at 0.6934 and 0.6943. A rise above 0.6954 would delay but not abort this expected fall.
AUD-USD
0.8830. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.8814 or 0.8787. Major support is clustered around 0.8767 limit.
USD-CAD
0.9983. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9994 or 1.0026 if support around 0.9970 hold. After which a pullback to 0.9970 - 0.9960 zone is possible.



From: RealTimeForex

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