RF_TRADERTIP
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Friday August 4, 2006
EUR-USD
1.2803. It may attempt a test higher to 1.2819 after which weakness may set it to a drift down to below 1.2752 limit.
USD-CHF
1.2312. Strength can extend to 1.2334 or even higher than 1.2356 as declines are expected to find support at 1.2290 or 1.2267. Stop Loss below 1.2223 zone.
USD-JPY
115.00. Current upmove should continue up to 115.35 or 115.71. Any correction should find support in 114.95 - 114.77 zone.
GBP-USD
1.8876. A corrective/consolidation activity between 1.8746 and 1.9012 is likely for a while.
EUR-CHF
1.5763. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5777 or 1.5791 if support around 1.5754 hold. After which a pullback to 1.5754 - 1.5747 zone is possible.
EUR-JPY
147.23. Market looks set for gains towards 147.7 or above in extension. Dips should find support at 146.95 - 146.72 zone.
EUR-GBP
0.6782. It is likely to attempt nearer support at 0.6761 for extending further to below 0.6739 while below 0.6782 - 0.6801 area. Rise above 0.6812 would dampen this bearish expectation.
AUD-USD
0.7609. Current fall is near an end of wave around 0.7573 - 0.7592 zone, a rally should then procede to above 0.7629 or 0.7643. Fall below 0.7552 would cancel this scenario.
USD-CAD
1.1253. Market should hold major support at 1.1208 before rising towards 1.1277 or even 1.1301 limit.
EUR-USD
1.2803. It may attempt a test higher to 1.2819 after which weakness may set it to a drift down to below 1.2752 limit.
USD-CHF
1.2312. Strength can extend to 1.2334 or even higher than 1.2356 as declines are expected to find support at 1.2290 or 1.2267. Stop Loss below 1.2223 zone.
USD-JPY
115.00. Current upmove should continue up to 115.35 or 115.71. Any correction should find support in 114.95 - 114.77 zone.
GBP-USD
1.8876. A corrective/consolidation activity between 1.8746 and 1.9012 is likely for a while.
EUR-CHF
1.5763. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5777 or 1.5791 if support around 1.5754 hold. After which a pullback to 1.5754 - 1.5747 zone is possible.
EUR-JPY
147.23. Market looks set for gains towards 147.7 or above in extension. Dips should find support at 146.95 - 146.72 zone.
EUR-GBP
0.6782. It is likely to attempt nearer support at 0.6761 for extending further to below 0.6739 while below 0.6782 - 0.6801 area. Rise above 0.6812 would dampen this bearish expectation.
AUD-USD
0.7609. Current fall is near an end of wave around 0.7573 - 0.7592 zone, a rally should then procede to above 0.7629 or 0.7643. Fall below 0.7552 would cancel this scenario.
USD-CAD
1.1253. Market should hold major support at 1.1208 before rising towards 1.1277 or even 1.1301 limit.