Daily Market Comment 20/01

N

nico3725

EUR/USD 1.0643. EUR as expected traded higher to levels near 1.0675 yesterday. Short term pictures hint at further gains towards 1.0725/40 or 1.0755/65.Supports are at 1.0625 & 1.0595.

USD/CHF 1.3717. Selling on corrective rise to 1.3740/60 with stop above 1.3795 is preferred for fall to 1.3595/70 now.

USD/JPY 118.19. The suggested drop to 117.35 materialized on Friday. Dollar’s corrective advances are likely to resisted near 118.70/119.00. Minor resistance is at 118.35/40. As long as 119.00/05 is not broken, USD is facing the danger of fall to 116.75/45.

GBP/USD 1.6099. Cable comfortably met the target set near 1.6195 before giving up all the gains. It may move in 1.6050-1.6150 range for some time.

EUR/CHF : 1.4587. Short term fall to 1.4565/55 is looked for while below 1.4615.

EURJPY : 125.86. Short term supports at 125.20 & 125.00 are likely prop up EUR for a grind higher to 126.25/45.

EURGBP : 0.6608. EUR should try 0.6645/50 while above 0.6590/85.

AUD/USD : 0.5891. One more upside thrust to 0.5950/60 is expected while above 0.5870/65.

USD/CAD : 1.5360. Dollar may move in 1.5280-1.5390 range for some time.

Source : http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
 
EUR/USD.. .1.0665. EUR is moving along predicted lines so far. It may test 1.0705/60, where as of now it is likely to run into some resistance. Need to assess the price action in this area, as there is a chance for a decent down correction from these levels.Supports are at 1.0575/35, 1.0475 & 1.0425.

USD/CHF.. 1.3670. Dollar is now expected to fall to 1.3685/35 or 1.3525.Resistance at 1.3935/1.4000.

GBP/USD..1.6130. Cable repeatedly found support at 1.5965/50. It should now move higher to 1.6225/45 or 1.6300/35.

USD/JPY..117.65. Dollar met the target set last week. It should fall to 116.75 or 116.00 now. Resistances are at 118.85 & 119.35.
 
EUR/USD 1.0730. EUR took the predicted path to test our target at 1.0745. Upside momentum continues to be strong for further gains to 1.0760/65.Supports are at 1.0705 & 1.0680. A clear break of 1.0765/70 & close above 1.0810 this week will add a lot of strength to EUR for test of 1.1010/15.

USD/CHF 1.3617. Dollar slide downwards should continue towards 1.3575/55 or 1.3515/05. Resistances are at 1.3665 & 1.3690.

USD/JPY 118.05. Dollar turned down precisely from our suggested level at 119.15. More downside towards 117.75/45 is anticipated, as Dollar is likely to be contained below 118.50/65 in short term.

GBP/USD 1.6167. Cable tested close to 1.6010, slightly above our suggested level 1.6005, before going higher. It should rise to 1.6225/40 or 1.6265/70 now. Supports are at 1.6120 & 1.6100.

EUR/CHF : 1.4615. EUR is expected to move within the channel 1.4590 – 1.4640 for some time.

EUR/JPY : 126.69. One target seems to have been met near 127.05. EUR should go down to 126.35/15 in short term while below 127.05.

EUR/GBP : 0.6637. EUR should try 0.6675/90. Supports are at 0.6620 & 0.6595.

AUD/USD : 0.5894. No change in view. One more upside thrust to 0.5950/60 is expected while above 0.5850.

USD/CAD : 1.5319. No change in view Dollar may move in 1.5270-1.5380 range for some time.

http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
 
EUR/USD 1.0713. No change in view. EUR held above support at 1.0680/75 yesterday. Upside momentum continues to be strong for further gains to 1.0760/65. Supports are at 1.0705 & 1.0680. A clear break of 1.0765/70 & close above 1.0810 this week will add a lot of strength to EUR for test of 1.1010/15.

USD/CHF 1.3655. No change in view. One more corrective upside attempt may fail near 1.3690/00 & Dollar should slide towards 1.3575/55 or 1.3515/05.

USD/JPY 118.68. Dollar's upside probes should continue for some time with chance to test 119.05/10 or 119.30/35. Supports are at 118.55 & 118.40.

GBP/USD 1.6162. Cable tested close to 1.6085, slightly below our support level 1.6100, before going higher. It should now rise to 1.6235/40 or 1.6265/70. Supports are at 1.6140 & 1.6120.

EURCHF : 1.4630. It looks like EUR may break 1.4640 for an attempt near 1.4670.

EUR/JPY : 127.14.EUR should grind higher to 127.45/60 while above 126.75.

EUR/GBP : 0.6621. Short term fall to 0.6600/0.6595 is possible. Resistance is at 0.6635/40.

AUD/USD : 0.5864. Correction is likely to continue for some more time between 0.5840 & 0.5900.

USD/CAD : 1.5299. Dollar may move in 1.5260-1.5350 range for some time.

Source : http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
 
EUR/USD 1.0768. EUR held above support at 1.0705 yesterday & tested our target near 1.0775. EUR has enough steam for further gains to 1.0800/05 or 1.0835 in the short term. Support is at 1.0735. A lot of divergence in MACD is noticed in 240/120 min charts warning of some corrections.

USD/CHF 1.3597. As expected Dollar slid to 1.3575 where one target seems to have been met, but not confirmed by short term charts. It can still aim for 1.3540/15 or 1.3475. Resistance is at 1.3670.

USD/JPY 117.92. Dollar‘s upside probes failed near 118.85 itself yesterday. Now drop to 117.45/40 is looked for. Resistance is at 118.20.

GBP/USD 1.6272. Cable is moving along anticipated lines so far. It should now rise to 1.6335/40 in the short term. Support is at 1.6245.

EURCHF : 1.4645. Short term attempt near 1.4665/70 is still possible while above 1.4625/20.

EUR/JPY : 127.01.EUR should grind higher to 127.45/60. Supports are at 126.75 & 126.50.

EURGBP : 0.6612. No change in view. Short term fall to 0.6590/0.6585 is possible. Resistance is at 0.6635/40.

AUD/USD : 0.5928. AUD’s resumption of downtrend should see 0.5950/65. Support is at 0 .5895.

USD/CAD : 1.5213. Dollar should test 1.5175/65 while below 1.5255/60.

http://www.realtimeforex.com/newsadmin/user_daily_market_e.asp
 
Quote from nico3725:

What do you mean ???
More...

I'm sure that if you would like to advertise your services or website, Babak or Baron would be happy to talk rates to you...
 
You must log in or register to reply here.
Back
Top