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    Daily Market Comment 19/05

    EUR/USD.. .1.1625. EUR's uptrend gathered momentum & is now on course to 1.1775/1.1825 above which 1.1930/1.2025 also are possible targets. Supports are at 1.1550/1.1515 & 1.1350. USD/CHF.. 1.3000. Dollar should target 1.2775/45 now. Resistances are at 1.3115, 1.3275 & 1.3375...
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    Daily Market Comment 19/05

    It can help you in your day trading. Good luck.
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    Daily Market Comment 19/05

    EUR/USD 1.1717. EUR found support at 1.1600 & resumed its uptrend, which should target 1.1775/80 or ideally 1.1825/30 now. Support is at 1.1675. USD/CHF 1.2895. As expected Dollar’s corrective advance ran into resistance near 1.3035 yesterday. It should fall to 1.2835/05 below which...
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    Daily Market Comment 19/05

    EUR/USD 1.1654. Support at 1.1625 is so far holding. More support lies near 1.1560. EUR should climb to 1.1765 or 1.1825/30 while supports hold. USD/CHF 1.2967. No change in view. Dollar’s corrective upticks are likely to run into resistance in 1.3030/60 area for fall to 1.2850/45 or...
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    Daily Market Comment 19/05

    EUR/USD 1.1695. Dollar resumed its downtrend against our assumption. EUR has opened with a gap & short term corrective dips should find support at 1.1650 or 1.1625 for a rally to 1.1765 & above that 1.1825/30. USD/CHF 1.2956. Dollar’s corrective upticks are likely to run into resistance...
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    Weekly Forex Market comment :

    EUR/USD.. .1.1215. As suggested in the last update, EUR has resumed its uptrend & should now target 1.1365/1.1425. Minor support is at 1.1065 & below that 1.0965 & 1.0930. Break below 1.0930 will warn about top is in. USD/CHF.. 1.3455. Dollar should target 1.3125/1.3060/1.2965 now...
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    Daily FX Market Comment 14/4

    EUR/USD 1.1238. Dollar is getting battered all around & EUR should climb to 1.1315 or 1.1350/65 now. Daily pictures targets fall near 1.1365 & 1.1415. Supports are at 1.1220 & below that 1.1185. USD/CHF 1.3445. More Dollar falls to 1.3350 or 1.3275 are anticipated. Resistances are at 1.3485...
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    Daily FX Market Comment 14/4

    EUR/USD 1.1173. EUR found support above 1.1100 to test our 1.1185 target yesterday. Though it has met one target short term pictures hint at one more move higher to 1.1205/25 or 1.1245/50. Supports are at 1.1145 & 1.1095. USD/CHF 1.3535. Dollar bearishness should push it down to 1.3505 or...
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    Daily FX Market Comment 14/4

    EUR/USD 1.1108. EUR as expected fell to 1.0935 yesterday before the rather strong rally, which should test 1.1150/55 or 1.1175/80. Minor support is at 1.1085 & below that 1.1060. Despite this strength, EUR is likely to edge down from these levels to 1.1060/65. USD/CHF 1.3595. Anticipated...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0989. EUR is moving along suggested lines so far. Short term negative momentum should push it sown to 1.0950/40 as resistance near 1.1015/20 contains its upside. USD/CHF 1.3702. Short term push higher to 1.3755/70 or 1.3795/00 may be witnessed while 1.3645/35 lends support...
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    Daily FX Market Comment 14/4

    EUR/USD 1.1049. EUR has moved along projected lines so far to test one target near 1.1065. Divergence in MACD in some pictures indicates that EUR’s progress may be curtailed near 1.1075/1.1105 area which may be tested in short term while above 1.1015. After this upmove, fall to 1.1000/1.0960...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0959. EUR moved along suggested lines to test just above 1.1000. It should retain the upward momentum for a thrust higher to 1.1015/35. Its short term corrective declines should be supported at 1.0925/05. Minor support is at 1.0940. USD/CHF 1.3735. Got this wrong and Dollar...
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    Daily FX Market Comment 14/4

    EUR/USD.. .1.0875. Preferred outlook now is resumption of uptrend towards 1.1125/1.1335/65.Supports are at 1.0850/20 & below that at 1.0780 & 1.0665.Minor resistance is situated at 1.0965/1.1000. USD/CHF.. 1.3820. Initial signs of end of Dollar's upside correction are in. Resistances are at...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0855. EUR’s downside was held above our suggested support area above 1.0820 yesterday retaining the chances of resuming the uptrend towards 1.0960/85. Break below 1.0820/15 will put this expected rally in jeopardy. USD/CHF 1.3892. Short term thrust higher to 1.3955/65 or...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0894. EUR’s downside correction is expected to be supported around 1.0850/45 for a thrust higher to 1.0960/65 & possibly 1.1010/20. Break below 1.0820/10 will put this expected up move in doubt. USD/CHF 1.3785. Dollar went beyond our suggested resistance area 1.3780. But it may...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0947. EUR’s rally gathered strong momentum once it broke out of recent range. It should target 1.1015 or even 1.1085. Minor support is at 1.0900 & below that 1.0865/50. USD/CHF 1.3665. Dollar weakness should push it down to 1.3525 or 1.3455 while resistances at 1.3730 or...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0793. No change in view. EUR continues to trade within a triangle. It may continue to trade within the range 1.0685 – 1.0830 for some time. Break of either side will lead to 1.0625 or 1.0885/90 respectively. USD/CHF 1.3923. No change in view. Dollar’s recent range...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0769. No change in view. EUR continues to trade within a triangle. It may continue to trade within the range 1.0685 – 1.0830 for some tome. Break of either side will lead to 1.0625 or 1.0885/90 respectively. Minor support & resistance are at 1.0710 & 1.0810 respectively...
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    Daily FX Market Comment 14/4

    EUR/USD 1.0744. EUR continues to trade within a triangle. It may continue to trade within the range 1.0685 – 1.0830 for some tome. Break of either side will lead to 1.0625 or 1.0885/90 respectively. USD/CHF 1.3925. Dollar’s advances are stronger than anticipated. Possibility of one...
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    Daily FX Market Comment 24/3

    EUR/USD 1.0781. EUR met our suggested target comfortably. It is still trading within a triangle. Immediate support is at 1.0750 break of which will push EUR down to 1.0725/1.0695. On the other hand break above 1.0835/40 will help it test 1.0875/85. USD/CHF 1.3869. Dollar dipped to 1.3780...
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