Real Time Forex Signal 05 October 2007




EUR-USD
1.4138. It may attempt a test higher to 1.4144 after which weakness may set it to a drift down to below 1.4087 limit.
USD-CHF
1.1746. Support at 1.1742 or 1.17180 should hold. Then a correction to above 1.1842 is anticipated. A clear break of 1.1690 is again bearish.
USD-JPY
116.46. Decline should be supported around 116.23 - 116.01 zone for rally to above 116.99. A clear break of 116.01 will damage this expected rally.
GBP-USD
2.0387. It should be subject to more sell off towards 2.0300 or 2.0214. Corrective upward swings should face resistance around 2.0454 area. A break of 2.0484 is bullish.
EUR-CHF
1.6607. It should be subject to more weakness towards 1.6587. After which a correction to above 1.6633 is anticipated. A break of 1.6567 is bearish.
EUR-JPY
164.66. Current rise seems to be over near 164.78 or 165.06 for a retracement towards 164.49 - 164.30 area.
EUR-GBP
0.6934. It should be subject to more sell off towards 0.6913 or 0.6891. Corrective upward swings should face resistance around 0.6939 area. A break of 0.6964 is bullish.
AUD-USD
0.8879. It should trade lower to 0.8816 or 0.8753 in extension while 0.8858 - 0.8890 offer resistance. A break of 0.8921 will damage this bearish view
USD-CAD
0.9968. It looks more likely that it would rise to above 0.9992 or 1.0002 from 0.9966 or 0.9949. After which a downside move to below 0.9929 is expected.




From: RealTimeForex

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