forex today

Saturday, August 21, 2010

Forex today

EUR-USD 

Possibility of falling to 1.2798 to 1.2763 as a corrective rally could falter in the region from 1.2863 to 1.2893. Stop above 1.2963 zone.

 USD-CHF 

Market should pop up towards 1.0393 or 1.0438 this bullish scenario would be damaged if 1.0289 to 1.0231 zone is broken, a severe break down could then occur.

 GBP-USD 

It should trade lower at 1.5554 or 1.5431 from 1.5636 to 1.5678 resistance offered temporary extensions. A break 1.5756 will damage the bearish outlook. 

USD-JPY 

Possibility of falling to 85.14 to 84.88 as a corrective rally could falter in the region from 85.65 to 85.91. Stop at the 86.42 zone.

 USD-CAD 

It should trade higher to 1.0326 while 1.0356 or 1.0463 offers support. Stop loss below 1.0296 zone. 

NZD-USD 

Market should not go lower from 0.7064 to 0.7033. After this move down should go up to 0.7114 to 0.7133 area. 

XAG-USD 

Preferred to fall to 18.27 or 18.16. Then 18.44 anticipated correction. A dawn of 18.02 is more bearish. 

Xau-EUR 

Resistance lying around 1234.86 and 1237.22. It should test lower towards zones 1227.39. A clear break of 1230.87 will be bearish. 

AUD-USD 

Market should not go lower than 0.8876. After this move down should go up to the region from 0.8972 to 0.8994. 

EUR-JPY 

Market should pop up towards 109.81 or 110.01 this bullish scenario would be damaged if the damaged zone from 109.35 to 109.09, a severe break down could then occur. 

EUR-CHF

 Market should not go lower than 1.3126. After this move down should go up to 1.3319 to 1.3356 area. 

EUR-GBP 

now down near the end of wave around 0.8192 zone, a rally should then be continued at the 0.8247. Fall below 0.8166 would cancel this scenario. 

EUR-CAD 

It should trade higher to 1.3249 while 1.3293 or 1.3429 offers support. Stop loss below 1.3205 zone. 

EUR-NZD 

It should trade higher to 1.8022 while 1.8077 or 1.8243 offers support. Stop loss below 1.7968 zone.

 EUR-AUD 

Uptrend is still intact in a triangle configuration. This should continue to rally to 1.4382 or 1.4434 if support around 1.4329 hold. After which the pullback to 1.4329 to 1.4294 zone is possible. 

GBP-CHF 

Market should not go lower from 1.6073 to 1.6003. After this move down should go up to 1.6192 to 1.6240 area. 

GBP-JPY 

While above 133.02 to 132.68 zone corrective dip could test 133.36 or 133.92.

 GBP-CAD 

It should trade higher to 1.6099 while 1.6158 or 1.6352 offers support. Stop loss below 1.6040 zone. 

GBP-AUD 

rise now seems closer to 1.7498 or 1.7574 for a retracement towards 1.7422 to 1.7374 area. 

CAD-JPY 

There is bearish potential to fall to 81.41 82.46 to 82.80 while refusing. After this fall a recovery up to 82.80 or 83.13 is expected. 

AUD-JPY

 Market should not go lower from 76.10 to 75.69. After this move down should go up to 76.78 to 77.05 area.