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#1 ⇑ Haut ⇑ 04-02-2013 08:28:27
- Bruno
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RTFX Daily Forex Market comments : 02/04/2013
EUR – USD
Strength can extend to 1.3683 or 1.3720 as declines are expected to find support at 1.3614 or 1.3582. A fall below 1.3509 could turn it bearish.
USD – CHF
While below 0.9091 it is more likely to fall further towards 0.9027 level.
GBP – USD
There is bearish potential for a fall to 1.5641 while 1.5760 - 1.5790 resist. After this fall a recovery up to 1.5790 or 1.5821 is expected.
USD – JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 93.67 or 93.35 if support around 92.48 hold. After which a pullback to 92.48 - 92.24 zone is possible.
USD – CAD
It looks set to visit further lower territory down to around 0.9970 - 0.9959. Its corrective attempts should fail ahead of 0.9989 or 0.9997. Stop loss above 1.0020 zone.
NZD – USD
While below 0.8460 - 0.8484 it is more likely to fall further towards 0.8418 or 0.8400. Premature rise above 0.8484 could see it rising above 0.8519 zone.
AUD – USD
It is likely to fall towards 1.0360 - 1.0318 unless a corrective rally breaks the 1.0424 resistance. Stop above 1.0445 zone.
EUR – JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 128.26 or 127.73 if support around 126.07 hold. After which a pullback to 126.07 - 125.61 zone is possible.
EUR – CHF
It should trade higher to 1.2433 while 1.2370 or 1.2348 offers support. Stop loss below 1.2325 zone.
EUR – GBP
Current rise seems to be over near 0.8707 or 0.8756 for a retracement towards 0.8657 - 0.8627 area.
EUR – CAD
It looks more likely that it would rise to 1.3708 from 1.3578 or 1.3534. After which a downside move is expected.
EUR – NZD
It is likely to fall towards 1.6118 - 1.6064 as its corrective rally could falter in 1.6222 - 1.6272 area. Stop above 1.6379 zone.
EUR – AUD
Strength can extend to 1.3159 or 1.3207 as declines are expected to find support at 1.3072 or 1.3032. A fall below 1.2936 could turn it bearish.
GBP – CHF
Market should not go lower than 1.4220 - 1.4140. After this move down it should go up to 1.4353 - 1.4405 area.
GBP – JPY
While below 146.16 - 146.58 it is more likely to fall further towards 145.37 or 145.00. Premature rise above 146.58 could see it rising above 147.33 zone.
GBP – CAD
Market should not go lower than 1.5660 - 1.5598. After this move down it should go up to 1.5755 - 1.5786 area.
GBP – AUD
It looks more likely that it would rise to 1.5244 - 1.5392 from 1.5091 or 1.5016. After which a downside move is expected.
CAD – JPY
Currently uptrend should end around 94.10 - 93.60 area. A correction down to below 92.23 is expected. A rise above 94.08 will abort the expected correction.
NZD – JPY
Currently uptrend should end around 79.51 - 79.04 area. A correction down to below 77.37 is expected. A rise above 79.62 will abort the expected correction.
AUD – JPY
Currently uptrend should end around 97.36 - 97.09 area. A correction down to below 95.77 is expected. A rise above 97.57 will abort the expected correction.
XAG – USD
It looks set for gains to 32.21. Supports at 31.57 and 31.38. A break of 30.92 will damage this bullish structure.
XAU – USD
While above 1664.05 - 1657.94 zone a corrective dip could test 1670.17 or 1680.23.

