RF_TRADERTIP
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Realtime Forex Daily Market Comment
Friday November 18, 2005
EUR-USD
1.1749. Market looks set for gains towards 1.1794 or above in extension. Dips should find support at 1.1718 - 1.1696 zone.
USD-CHF
1.3173. While above 1.3164 - 1.3124 zone a corrective dip could test 1.3204 or 1.3229 or 1.3253. After which it should resume his downtrend.
USD-JPY
118.82. It is likely to fall towards 118.43 as its corrective rally could falter in 119.05 - 118.86 area. Stop above 119.24 zone.
GBP-USD
1.7192. Is expected to fall lower than 1.7116. Entry sell point are at 1.7209 or 1.7228 . Stop loss above 1.7228.
EUR-CHF
1.5478. Current rise should end around 1.5472 or 1.5489. Objectives of this downmove are 1.5460 or 1.5443. A rise above 1.5501 is again bullish.
EUR-JPY
139.62. It should be subject to more sell off towards 138.86 or 138.10. Corrective upward swings should face resistance around 140.67 area. A break of 140.23 is bullish.
EUR-GBP
0.6834. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6865 or 0.6875 if support around 0.6818 hold. After which a pullback to 0.6818 - 0.6808 zone is possible.
AUD-USD
0.7337. It should trade higher to 0.7362 while 0.7328 or 0.7316 offers support. Stop loss below 0.7303 zone.
USD-CAD
1.1874. It should see a sell off to below 1.1837 while 1.1890 area curtails its upside. A break beyond 1.1928 will abort the downside.
Friday November 18, 2005
EUR-USD
1.1749. Market looks set for gains towards 1.1794 or above in extension. Dips should find support at 1.1718 - 1.1696 zone.
USD-CHF
1.3173. While above 1.3164 - 1.3124 zone a corrective dip could test 1.3204 or 1.3229 or 1.3253. After which it should resume his downtrend.
USD-JPY
118.82. It is likely to fall towards 118.43 as its corrective rally could falter in 119.05 - 118.86 area. Stop above 119.24 zone.
GBP-USD
1.7192. Is expected to fall lower than 1.7116. Entry sell point are at 1.7209 or 1.7228 . Stop loss above 1.7228.
EUR-CHF
1.5478. Current rise should end around 1.5472 or 1.5489. Objectives of this downmove are 1.5460 or 1.5443. A rise above 1.5501 is again bullish.
EUR-JPY
139.62. It should be subject to more sell off towards 138.86 or 138.10. Corrective upward swings should face resistance around 140.67 area. A break of 140.23 is bullish.
EUR-GBP
0.6834. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6865 or 0.6875 if support around 0.6818 hold. After which a pullback to 0.6818 - 0.6808 zone is possible.
AUD-USD
0.7337. It should trade higher to 0.7362 while 0.7328 or 0.7316 offers support. Stop loss below 0.7303 zone.
USD-CAD
1.1874. It should see a sell off to below 1.1837 while 1.1890 area curtails its upside. A break beyond 1.1928 will abort the downside.