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RTFX Daily Forex Market comments : 01/30/2013


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#1 ⇑ Haut ⇑ 30-01-2013 08:27:21

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RTFX Daily Forex Market comments : 01/30/2013

EUR – USD   
Corrective dips should ideally halt near 1.3453 or 1.3439 for one more thrust upwards towards 1.3495 - 1.3521 area or 1.3551 in extention. Fall below 1.3385 puts it back on a downward path.   

USD – CHF   
It looks set to visit further lower territory down to around 0.9204 - 0.9182. Its corrective attempts should fail ahead of 0.9241 - 0.9256. Stop loss above 0.9299 zone.   

GBP – USD   
It may attempt a test higher to 1.5768 - 1.5795 after which weakness may set it to a drift down to 1.5708 limit.   

USD – JPY   
It may attempt a test higher to 90.86 - 91.04 after which weakness may set it to a drift down to 90.36 limit.   

USD – CAD   
Market should not go lower than 1.0008 - 0.9989. After this move down it should go up to 1.0037 - 1.0047 area.

NZD – USD   
It should trade higher to 0.8419 while 0.8373 or 0.8360 offers support. Stop loss below 0.8348 zone.

AUD – USD   
Current rise seems to be over near 1.0475 or 1.0499 for a retracement towards 1.0452 - 1.0440 area.   

EUR – JPY   
It should test 123.42 area after which a sell off down to 121.56 or extended to 120.72 area is expected.   

EUR – CHF   
Current fall is near an end of wave around 1.2398 zone, a rally should then procede to above 1.2467. Fall below 1.2365 would cancel this scenario.   

EUR – CAD   
It looks set to visit further lower territory down to around 1.3480. Its corrective attempts should fail ahead of 1.3544. Stop loss above 1.3585 zone.   

EUR – NZD   
Prefer a fall to below 1.6026. Then a correction to above 1.6199 is anticipated. A clear break of 1.5980 is again bearish.

EUR – AUD
Current fall is near an end of wave around 1.2838 zone, a rally should then procede to above 1.2924. Fall below 1.2795 would cancel this scenario.   

GBP – CHF   
It should try higher up to 1.4537 - 1.4557. Entry point 1.4517 or 1.4500. After this rise, a correction is expected.   

GBP – JPY   
It should test 143.95 area after which a sell off down to 142.21 or extended to 141.43 area is expected.   

GBP – CAD   
It looks set to visit further lower territory down to around 1.5774 - 1.5749. Its corrective attempts should fail ahead of 1.5813 or 1.5826. Stop loss above 1.5877 zone. 

GBP – AUD   
It should try higher up to 1.5064 - 1.5082. Entry point 1.5047 or 1.5030. After this rise, a correction is expected.   

CAD – JPY   
It looks set for gains to 90.94. Supports at 90.21 and 90.06. A break of 89.48 will damage this bullish structure.

NZD – JPY   
It should test 76.96 area after which a sell off down to 75.61 or extended to 75.07 area is expected. 

AUD – JPY   
It looks set for gains to 95.31. Supports at 94.61 and 94.46. A break of 93.90 will damage this bullish structure. 

XAG – USD   
It should trade higher to 31.64 while 31.24 or 31.12 offers support. Stop loss below 31.01 zone. 

XAU – USD   
Current rise seems to be over near 1664.96 or 1668.32 for a retracement towards 1661.60 - 1659.33 area.

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