Daily Market Comment

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Wednesday October 5, 2005




EUR-USD

1.1918. It may meet resistance in 1.1918 - 1.1923 zone for a drift down to below 1.1875 zone.

USD-CHF

1.3015. Corrective dips should halt near 1.2990 for one more thrust upwards towards 1.3026. Stop loss below 1.2966 zone.

USD-JPY

114.24. Current rise should end around 114.21 or 114.42. Objectives of this downmove are 114.03 or 113.82. A rise above 114.60 is again bullish.

GBP-USD

1.7589. It should trade higher to 1.7636 or above 1.7683 in extention. Supports at 1.7552 and 1.7575. Stop loss below 1.7528 zone

EUR-CHF

1.5512. It may meet resistance in 1.5512 - 1.5515 zone for a drift down to below 1.5490 zone.

EUR-JPY

136.17. We prefer to see an attempt to below 135.9 or below 135.62 in extension. A clear break of 136.33 is bullish.

EUR-GBP

0.6775. Current fall is near an end of wave around 0.6754 - 0.6759 zone, a rally should then procede to above 0.6786 or 0.6791. Fall below 0.6754 would cancel this scenario.

AUD-USD

0.7636. Current upmove should be over between0.7641 and 0.7633. A correction down to 0.7604 is anticipated. A break of 0.7649 is bullish.

USD-CAD

1.1729. Current rise seems to be over near 1.1732 or 1.1764 for a retracement towards 1.1700 - 1.1683 area.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Thursday October 6, 2005




EUR-USD

1.1974. Current rise seems to be over near 1.1981 or 1.2003 for a retracement towards 1.1959 - 1.1945 area.

USD-CHF

1.2929. Market should meet resistance at 1.2957. We expect then an extended move down to 1.2899 -1.2844 area.

USD-JPY

114.00. It may attempt a test higher to 114.21 after which weakness may set it to a drift down to below 113.58 limit.

GBP-USD

1.7622. Current rise should end around 1.7619 or 1.7664. Objectives of this downmove are 1.7578 or 1.7533. A rise above 1.7705 is again bullish.

EUR-CHF

1.5481. We prefer to see an attempt to below 1.5468 or below 1.5454 in extension. A clear break of 1.5500 is bullish.

EUR-JPY

136.49. It should consolidate between 136.07 and 136.70. A break of one of these points would cause further bullish or bearish move.

EUR-GBP

0.6794. It should trade higher to 0.6803 while 0.6787 or 0.6783 offers support. Stop loss below 0.6779 zone.

AUD-USD

0.7564. Market should meet resistance at 0.7587. We expect then an extended move down to 0.7542 -0.7495 area.

USD-CAD

1.1823. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1901 or 1.1926 if support around 1.1791 hold. After which a pullback to 1.1791 - 1.1766 zone is possible.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Friday October 7, 2005



EUR-USD

1.2179. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2309 or 1.2352 if support around 1.2119 hold. After which a pullback to 1.2119 - 1.2076 zone is possible.

USD-CHF

1.2708. It should see a sell off to below 1.2609 while 1.2770 area curtails its upside. A break beyond 1.2870 will abort the downside.

USD-JPY

113.29. Market should pop up towards 113.97 or 114.66 this bullish scenario would be damaged if 112.80 - 112.67 zone is broken, a severe break down could then occur.

GBP-USD

1.7788. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7888 or 1.7933 if support around 1.7740 hold. After which a pullback to 1.7740 - 1.7704 zone is possible.

EUR-CHF

1.5478. It should test 1.5486 area after which a sell off down to 1.5451 or extended to 1.5423 area is expected.

EUR-JPY

137.99. Uptrend is still intact in a triangle configuration. It should continue to rally to 138.65 or 139.12 if support around 137.47 hold. After which a pullback to 137.47 - 137.19 zone is possible.

EUR-GBP

0.6846. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6875 or 0.6893 if support around 0.6828 hold. After which a pullback to 0.6828 - 0.6817 zone is possible.

AUD-USD

0.7583. It should test 0.7595 area after which a sell off down to 0.7556 or extended to 0.7529 area is expected.

USD-CAD

1.1810. There are initial signs of a good corrective recovery towards 1.1839 or even 1.1861. Supports at 1.1791 and 1.1765 zone.

 

[Darkboy777]

nico3725
I'm intersting in your vision and if any update please ?!!

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Monday October 10, 2005


EUR-USD

1.2124. There are initial signs of a good corrective recovery towards 1.2157 or even 1.2178. Supports at 1.2109 and 1.2081 zone.

USD-CHF

1.2782. It should test 1.2820 area after which a sell off down to 1.2710 or extended to 1.2637 area is expected.

USD-JPY

113.80. It should be subject to more sell off towards 113.28 or 112.77. Corrective upward swings should face resistance around 114.23 area. A break of 114.36 is bullish.

GBP-USD

1.7606. There is bearish potential for a fall to 1.7523 while 1.7659 - 1.7701 resist. After this fall a recovery up to 1.7701 or 1.7743 is expected.

EUR-CHF

1.5499. It should find support in 1.5471 - 1.5442 area for a rally to 1.5548. Unexpected fall below 1.5442 will dent this bullish view.

EUR-JPY

137.98. Corrective dips should halt near 137.68 for one more thrust upwards towards 138.08. Stop loss below 137.38 zone.

EUR-GBP

0.6887. A correction down to 0.6858 or lower is now expected from 0.6888 or 0.6903. A break above 0.6918 is needed to turn bullish.

AUD-USD

0.7565. It is a triangle configuration. Market should break either side. Acceleration should occur above 0.7614 or under 0.7558 limits.

USD-CAD

1.1753. Market should pop up towards 1.1807 or 1.1861 this bullish scenario would be damaged if 1.1716 - 1.1705 zone is broken, a severe break down could then occur.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Tuesday October 11, 2005




EUR-USD

1.2067. Market should pop up towards 1.2133 or 1.2200 this bullish scenario would be damaged if 1.2013 - 1.2008 zone is broken, a severe break down could then occur.

USD-CHF

1.2832. Strength can extend to 1.2852 or even higher than 1.2885 as declines are expected to find support at 1.2791 or 1.2764. A fall below 1.2697 could turn it bearish.

USD-JPY

114.10. Current upmove should continue up to 114.41 or 114.72. Any correction should find support in 113.98 - 113.83 zone.

GBP-USD

1.7564. It may meet resistance in 1.7564 - 1.7571 zone for a drift down to 1.7543 zone, after which bounce to 1.7599 is anticipated.

EUR-CHF

1.5484. Decline should be supported around 1.5473 - 1.5461 zone for rally to above 1.5525. A clear break of 1.5461 will damage this expected rally.

EUR-JPY

137.67. There is bearish potential for a fall to 137.39 while 137.82 - 137.96 resist. After this fall a recovery up to 137.96 or 138.10 is expected.

EUR-GBP

0.6870. Our preferred outlook is for a drift down to 0.6859 or below 0.6849. Resistances are at 0.6870 and 0.6880. A rise above 0.6890 would delay but not abort this expected fall.

AUD-USD

0.7591. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7600 or 0.7630 if support around 0.7586 hold. After which a pullback to 0.7586 - 0.7577 zone is possible.

USD-CAD

1.1761. It should test 1.1784 area after which a sell off down to 1.1733 or extended to 1.1704 area is expected.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Wednesday October 12, 2005




EUR-USD

1.1993. Current fall is near an end of wave around 1.1917 - 1.1932 zone, a rally should then procede to above 1.2033 or 1.2052. Fall below 1.1916 would cancel this scenario.

USD-CHF

1.2897. A correction down to 1.2841 or lower is now expected from 1.2909 or 1.2936. A break above 1.2976 is needed to turn bullish.

USD-JPY

114.55. Uptrend is still intact in a triangle configuration. It should continue to rally to 114.70 or 115.14 if support around 114.33 hold. After which a pullback to 114.33 - 114.19 zone is possible.

GBP-USD

1.7464. Current fall is near an end of wave around 1.7381 - 1.7386 zone, a rally should then procede to above 1.7514 or 1.7538. Fall below 1.7368 would cancel this scenario.

EUR-CHF

1.5468. It should be subject to more weakness towards 1.5459. After which a correction to above 1.5484 is anticipated. A break of 1.545 is bearish.

EUR-JPY

137.37. Current fall is near an end of wave around 136.80 - 137.33 zone, a rally should then procede to above 137.57 or 137.76. Fall below 136.62 would cancel this scenario.

EUR-GBP

0.6867. One more dip to 0.6856 is likely followed by a grind higher to above 0.6875. After which it can resume his downtrend.

AUD-USD

0.7524. Market should meet resistance at 0.7542. We expect then an extended move down to 0.7505 -0.7471 area.

USD-CAD

1.1761. It is a triangle configuration. Market should break either side. Acceleration should occur above 1.1820 or under 1.1740 limits.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Thursday October 13, 2005




EUR-USD

1.2024. It may attempt a test higher to 1.2038 after which weakness may set it to a drift down to below 1.1968 limit.

USD-CHF

1.2873. While below 1.2854 or 1.2886 it could fall towards below 1.2772. Rise above 1.2911 could activate some bullish pattern.

USD-JPY

114.38. Decline should be supported around 114.17 - 113.96 zone for rally to above 114.96. A clear break of 113.96 will damage this expected rally.

GBP-USD

1.7516. It should trade higher to 1.7580 or above 1.7644 in extention. Supports at 1.7454 and 1.7486. Stop loss below 1.7422 zone

EUR-CHF

1.5479. It should be subject to more sell off towards 1.5465 or 1.5452. Corrective upward swings should face resistance around 1.5489 area. A break of 1.5494 is bullish.

EUR-JPY

137.53. It may attempt a test higher to 137.63 after which weakness may set it to a drift down to below 137.15 limit.

EUR-GBP

0.6865. One more dip to 0.6855 is likely followed by a grind higher to above 0.6871. After which it can resume his downtrend.

AUD-USD

0.7548. It should test 0.7575 area after which a sell off down to 0.7514 or extended to 0.7480 area is expected.

USD-CAD

1.1707. Market should meet resistance at 1.1724. We expect then an extended move down to 1.1686 -1.1656 area.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Friday October 14, 2005




EUR-USD

1.2026. It should trade higher to 1.2071 or above 1.2117 in extention. Supports at 1.1970 and 1.1993. Stop loss below 1.1947 zone

USD-CHF

1.2892. Resistances lie around 1.2956 and 1.3081. It should test lower towards 1.2830 zone. A clear break of 1.2795 would be bearish.

USD-JPY

114.50. While below 114.6 or 114.8 it could fall towards below 114.11 or 113.72. After which a corrective/consolidation activity is expected.

GBP-USD

1.7567. It should trade higher to 1.7614 while 1.7528 or 1.7505 offers support. Stop loss below 1.7482 zone.

EUR-CHF

1.5503. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5522 or 1.5560 if support around 1.5496 hold. After which a pullback to 1.5496 - 1.5482 zone is possible.

EUR-JPY

137.70. Difficult to predict the next move. If first down it should hold 137.34 or 137.22 to 137.95. If first up it should face resistance in 137.70 - 137.95 zone to 137.22 zone

EUR-GBP

0.6845. It should test 0.6846 area after which a sell off down to 0.6821 or extended to 0.6798 area is expected.

AUD-USD

0.7505. It is likely to fall towards 0.7412 unless a corrective rally breaks the 0.7532 resistance. Stop above 0.7555 zone.

USD-CAD

1.1833. Current rise seems to be over near 1.1841 or 1.1887 for a retracement towards 1.1795 - 1.1768 area.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Monday October 17, 2005




EUR-USD

1.2086. It should trade higher to 1.2137 while 1.2057 or 1.2032 offers support. Stop loss below 1.2007 zone.

USD-CHF

1.2833. Current fall seems to be over near 1.2806 or 1.2759 for a rebound towards 1.2853 - 1.2890 area.

USD-JPY

114.01. There is bearish potential for a fall to 113.61 while 114.26 - 114.46 resist. After this fall a recovery up to 114.46 or 114.65 is expected.

GBP-USD

1.7700. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7705 or 1.7853 if support around 1.7631 hold. After which a pullback to 1.7631 - 1.7593 zone is possible.

EUR-CHF

1.5510. It should trade higher to 1.5528 while 1.5501 or 1.5492 offers support. Stop loss below 1.5482 zone.

EUR-JPY

137.79. Current upmove should be over between137.86 and 137.73. A correction down to 137.27 is anticipated. A break of 137.99 is bullish.

EUR-GBP


0.6830. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.6827 or 0.6817. Major support is clustered around 0.6800 limit.

AUD-USD

0.7521. It may attempt a test higher to 0.7531 - 0.7544 after which weakness may set it to a drift down to below 0.7495 limit.

USD-CAD

1.1857. While below 1.1903 it is more likely to fall further towards 1.1826 or 1.1803. Premature rise above 1.1903 could see it rising above 1.1948 zone.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Wednesday October 19, 2005




EUR-USD

1.1959. Current fall is near an end of wave around 1.1855 - 1.1934 zone, a rally should then procede to above 1.1994 or 1.2020. Fall below 1.1854 would cancel this scenario.

USD-CHF

1.2984. Should test support at 1.2916 while below 1.2984. If support at 1.2916 holds it can rise up to1.3058, if not it should fall to below 1.2847 zone.

USD-JPY

115.70. One move lower to 115.09 or 114.49 is anticipated while below 115.82 - 116.12 area. Stop loss above 116.55 zone.

GBP-USD

1.7511. It should test higher than 1.7565. Entry point are at 1.7467 and 1.7440. A break of 1.7369 is bearish.

EUR-CHF

1.5529. Our preferred outlook is for a drift down to 1.5516 or below 1.5502. Resistances are at 1.5529 and 1.5541. A rise above 1.5555 would delay but not abort this expected fall.

EUR-JPY

138.36. Current rise should end around 138.35 or 138.67. Objectives of this downmove are 138.03 or 137.71. A rise above 138.99 is again bullish.

EUR-GBP

0.6830. While below 0.6838 - 0.6845 it might drop to 0.6816 or below 0.6802 zone.

AUD-USD

0.7479. Market should hold major support at 0.7431 before rising towards 0.7504 or even 0.7530 limit.

USD-CAD

1.1775. There is bearish potential for a fall to 1.1735 or 1.1694 while 1.1828 - 1.1848 resist. After this fall a recovery up to 1.1828 or 1.1848 is expected.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Thursday October 20, 2005




EUR-USD

1.1992. Market should hold major support at 1.1886 before rising towards 1.2039 or even 1.2086 limit.

USD-CHF

1.2948. Preferred view is for a fall to below 1.2894 while 1.2948 - 1.2984 area resists. A clear break of 1.3039 would be bullish.

USD-JPY

115.45. Preferred view is for a fall to below 115.14 while 115.45 - 115.57 area resists. A clear break of 115.87 would be bullish.

GBP-USD

1.7654. It should trade higher to 1.7741 while 1.7582 or 1.7539 offers support. Stop loss below 1.7496 zone.

EUR-CHF

1.5526. One more dip to 1.5513 is likely followed by a grind higher to above 1.5533. After which it can resume his downtrend.

EUR-JPY

138.43. It may attempt a test higher to 138.50 after which weakness may set it to a drift down to below 137.87 limit.

EUR-GBP

0.6792. Market should not go lower than 0.6769. After this move down it should go up to 0.6791 - 0.6807 area.

AUD-USD

0.7501. It should trade higher to 0.7530 or above 0.7560 in extention. Supports at 0.7470 and 0.7485. Stop loss below 0.7455 zone

USD-CAD

1.1751. There is bearish potential for a fall to 1.1717 while 1.1768 - 1.1786 resist. After this fall a recovery up to 1.1786 or 1.1803 is expected.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Friday October 21, 2005




EUR-USD

1.2024. It should trade lower to 1.1922. Resistances are at 1.1999 and 1.2025. A break of 1.205 is bullish.confirmed by a close above 1.2099 limit.

USD-CHF

1.2876. It might hold above 1.2873 or 1.2835 for a rise towards above 1.2952. Stop loss below 1.2835 zone.

USD-JPY

115.31. Our preferred outlook is for a drift down to 115.12 or below 114.94. Resistances are at 115.31 and 115.45. A rise above 115.63 would delay but not abort this expected fall.

GBP-USD

1.7745. Currently uptrend should end around 1.7820 - 1.7799 area. A correction down to below 1.7644 is expected. A rise above 1.7852 will abort the expected correction.

EUR-CHF

1.5481. We prefer to see an attempt to below 1.5457 or below 1.5432 in extension. A clear break of 1.5508 is bullish.

EUR-JPY

138.65. It looks set for gains to above 138.86. Supports at 138.36 and 138.46. A break of 138.25 will damage this bullish structure.

EUR-GBP

0.6776. Current fall is near an end of wave around 0.6740 - 0.6765 zone, a rally should then procede to above 0.6789 or 0.6798. Fall below 0.6739 would cancel this scenario.

AUD-USD

0.7528. Currently uptrend should end around 0.7550 - 0.7549 area. A correction down to below 0.7498 is expected. A rise above 0.7569 will abort the expected correction.

USD-CAD

1.1783. It should be subject to more sell off towards 1.1729 or 1.1676. Corrective upward swings should face resistance around 1.1847 area. A break of 1.18315 is bullish.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Monday October 24, 2005




EUR-USD

1.1949. There is bearish potential for a fall to 1.1892 while 1.1985 - 1.2014 resist. After this fall a recovery up to 1.2014 or 1.2042 is expected.

USD-CHF

1.2923. It may attempt a test higher to 1.2942 after which weakness may set it to a drift down to below 1.2831 limit.

USD-JPY

115.89. It should trade higher to 116.26 while 115.61 or 115.43 offers support. Stop loss below 115.25 zone.

GBP-USD

1.7675. Current move should be supported in 1.7657 zone for a rise to above 1.7864. A break below 1.7544 opens the way down.

EUR-CHF

1.5445. It may meet resistance in 1.5445 - 1.5453 zone for a drift down to 1.5422 zone, after which bounce to 1.5464 is anticipated.

EUR-JPY

138.51. It looks more likely that it would rise to above 138.82 or 138.99 from 138.41 or 138.18. After which a downside move to below 137.84 is expected.

EUR-GBP

0.6761. Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.6754 or 0.6747. Major support is clustered around 0.6737 limit.

AUD-USD

0.7483. There is bearish potential for a fall to 0.7455 while 0.7499 - 0.7514 resist. After this fall a recovery up to 0.7514 or 0.7528 is expected.

USD-CAD

1.1877. Current rise seems to be over near 1.1881 or 1.1926 for a retracement towards 1.1835 - 1.1811 area.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Tuesday October 25, 2005


EUR-USD

1.1986. It should be subject to more sell off towards 1.1932 or 1.1877. Corrective upward swings should face resistance around 1.2015 area. A break of 1.2053 is bullish.

USD-CHF

1.2871. There is bearish potential for a fall to 1.2818 or 1.2766 while 1.2912 - 1.2938 resist. After this fall a recovery up to 1.2912 or 1.2938 is expected.

USD-JPY

115.45. Market should pop up towards 115.91 or 116.37 this bullish scenario would be damaged if 115.37 - 115.33 zone is broken, a severe break down could then occur.

GBP-USD

1.7689. It is likely to fall towards 1.7647 as its corrective rally could falter in 1.7711 - 1.7689 area. Stop above 1.7732 zone.

EUR-CHF

1.5427. It should be subject to more weakness towards 1.5412. After which a correction to above 1.5450 is anticipated. A break of 1.5397 is bearish.

EUR-JPY

138.39. Market should hold major support at 137.82 before rising towards 138.60 or even 138.80 limit.

EUR-GBP

0.6775. It should be subject to more sell off towards 0.6756 or 0.6736. Corrective upward swings should face resistance around 0.6792 area. A break of 0.6795 is bullish.

AUD-USD

0.7515. It may attempt a test higher to 0.7517 after which weakness may set it to a drift down to below 0.7483 limit.

USD-CAD

1.1862. There are initial signs of a good corrective recovery towards 1.1894 or even 1.1909. Supports at 1.1855 and 1.1832 zone.

 

[RF_TRADERTIP]

Realtime Forex Daily Market Comment

Wednesday October 26, 2005




EUR-USD

1.2107. Current rise seems to be over near 1.2113 or 1.2171 for a retracement towards 1.2054 - 1.2022 area.

USD-CHF

1.2766. Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2743 or 1.2693. Major support is clustered around 1.2614 limit.

USD-JPY

115.03. It is likely to attempt to below 114 while below 115.03 - 115.13 area. Rise above 115.65 would dampen this bearish expectation.

GBP-USD

1.7844. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7874 or 1.8016 if support around 1.7782 hold. After which a pullback to 1.7782 - 1.7739 zone is possible.

EUR-CHF

1.5456. It should trade higher to 1.5470 while 1.5444 or 1.5438 offers support. Stop loss below 1.5431 zone.

EUR-JPY

139.26. It should trade higher to 139.68 while 138.86 or 138.65 offers support. Stop loss below 138.44 zone.

EUR-GBP

0.6784. It should trade higher to 0.6794 while 0.6776 or 0.6771 offers support. Stop loss below 0.6766 zone.

AUD-USD

0.7566. Current rise seems to be over near 0.7570 or 0.7597 for a retracement towards 0.7542 - 0.7527 area.

USD-CAD

1.1748. Market should meet resistance at 1.1789. We expect then an extended move down to 1.1710 -1.1624 area.

 

[rav700]

Are you a full time trader??
Just wanted to know if you trade fundamentally or technically

 

[RF_TRADERTIP]

Are you a full time trader??
Just wanted to know if you trade fundamentally or technically

Both ... I trade using technial analysis, fundamentals and feeling.

Nico.

 

[Dildubai]

Hello guys,

I am getting a sell signal on EURUSD. Think It could drop below 1.2100 and perhaps to 1.2050/60 area during the day. I am selling at 1.2130 with stop above 1.2160 for at least 40 pips. Will see once I am 30 pips in the money if the target of 1.2050-60 is likely. This is just a trade I am doing. Not a recommendation.

Cheers

Good trades

 

[rav700]

Hello guys,

I am getting a sell signal on EURUSD. Think It could drop below 1.2100 and perhaps to 1.2050/60 area during the day. I am selling at 1.2130 with stop above 1.2160 for at least 40 pips. Will see once I am 30 pips in the money if the target of 1.2050-60 is likely. This is just a trade I am doing. Not a recommendation.

Cheers

Good trades

I agree atleast my daily's are showing the same... already gone down 20 pips I think it will test the 1.2050 again definately