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Rtfx Daily ForexTitle:
RTFX Daily Forex Market comments : 05/25/2012
EUR USD
It looks set to visit further lower territory down to around 1.2524 - 1.2492. Its corrective attempts should fail ahead of 1.2576 - 1.2597. Stop loss above 1.2661 zone.
USD CHF
One move lower to 0.9547 or 0.9508 is anticipated while below 0.9590 - 0.9609 area. Stop loss above 0.9633 zone.
GBP USD
One more dip to 1.5653 - 1.5628 is likely followed by a grind higher to 1.5697 - 1.5717. After which it can resume its downtrend.
USD JPY
It should try higher up to 79.62 - 79.71. Entry point 79.53 or 79.47. After this rise, a correction is expected.
USD CAD
While below 1.0282 - 1.0300 it is more likely to fall further towards 1.0247 or 1.0230. Premature rise above 1.0300 could see it rising above 1.0333 zone.
NZD USD
Currently uptrend should end ...
Title:
RTFX Daily Forex Market comments : 05/24/2012
EUR USD
It may meet resistance in 1.2606 - 1.2636 zone for a drift down to below 1.2522 zone.
USD CHF
One move lower to 0.9483 or 0.9422 is anticipated while below 0.9559 - 0.9590 area. Stop loss above 0.9635 zone.
GBP USD
It may meet resistance in 1.5692 - 1.5713 zone for a drift down to 1.5654 zone, after which bounce to 1.5751 is anticipated.
USD JPY
It looks more likely that it would rise to 79.97 - 80.45 from 79.35 or 79.11. After which a downside move is expected.
USD CAD
While below 1.0274 - 1.0297 it is more likely to fall further towards 1.0228 or 1.0206. Premature rise above 1.0297 could see it rising above 1.0342 zone.
NZD USD
It may meet resistance in 0.7501 - 0.7504 zone for a drift down to 0.7455 zone, after which bounce to 0.7550 is ...
Title:
Investors await EU summit
MORNING BRIEFING: Investors await EU summit
Whats new:
Asia: US equities swing into positive Asia in green territory as well
United States: CFNAI swings back into positive territory
Forex: GBP/USD trending higher ahead of CPI data
Rates in Asia and Indices:
EUR/USD 1.2783 1.282 -0.18 %
USD/CHF 0.9371 0.9397 -0.18 %
GBP/USD 1.5811 1.5837 -0.00 %
USD/JPY 79.27 79.5 -0.18 %
EUR/CHF 1.2009 1.20136 0.00 %
EUR/JPY 101.44 101.77 0 %
Dow Jones 12367.72 12508.11 1.09 %
Nasdaq 2478.36 2547.69 2.69 %
S&P 500 1295.73 1316.39 1.60 %
Nikkei 225 8690.47 8740.48 1.10 %
Shanghai 2354.867 2373.823 1.05 %
Gold spot 1586.21 1594.65 -0.33 %
...
Title:
RTFX Daily Forex Market comments : 05/22/2012
EUR USD
Currently uptrend should end around 1.2840 - 1.2853 area. A correction down to below 1.2754 is expected. A rise above 1.2889 will abort the expected correction.
USD CHF
It might hold above 0.9370 or 0.9347 for a rise towards above 0.9418. Stop loss below 0.9322 zone.
GBP USD
It looks set for gains to 1.5857. Supports at 1.5807 and 1.5796. A break of 1.5757 will damage this bullish structure.
USD JPY
Current rise should end around 79.38 or 79.47. Objectives of this downmove are 79.13 or 78.95. A rise above 79.63 is again bullish.
USD CAD
It looks more likely that it would rise to 1.0226 - 1.0277 from 1.0170 or 1.0145. After which a downside move is expected.
NZD USD
It should trade higher to 0.7691 while 0.7617 or 0.7596 offers support. Stop ...
Title:
RTFX Daily Forex Market comments : 05/21/2012
GBP JPY
It should try higher up to 125.42 - 125.67. Entry point 125.16 or 124.91. After this rise, a correction is expected.
EUR USD
It should try higher up to 1.2781 - 1.2827. Entry point 1.2735 or 1.2709. After this rise, a correction is expected.
USD CHF
There is bearish potential for a fall to 0.9363 while 0.9432 - 0.9451 resist. After this fall a recovery up to 0.9451 or 0.9469 is expected.
GBP USD
It should test 1.5919 area after which a sell off down to 1.5762 or extended to 1.5695 area is expected.
USD JPY
It may meet resistance in 79.07 - 79.18 zone for a drift down to 78.90 zone, after which bounce to 79.35 is anticipated.
USD CAD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0225 or 1.0246 if ...
Title:
RTFX Daily Forex Market comments : 05/18/2012
EUR USD
It should register further gains to 1.2743 while 1.2660 - 1.2623 caps downside attempts. Stop loss below 1.2578 zone.
USD CHF
Uptrend is still intact. It should continue to rally to 0.9514 or 0.9547 if supports at 0.9454 - 0.9440 area hold. Stop loss below 0.9426.
GBP USD
Market should not go lower than 1.5715. After this move down it should go up to 1.5891 area.
USD JPY
Market should not go lower than 79.21 - 78.81. After this move down it should go up to 79.83 - 80.07 area.
USD CAD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0238 or 1.0226 if support around 1.0166 hold. After which a pullback to 1.0166 - 1.0150 zone is possible.
NZD USD
Market should not go lower than 0.7628 - 0.7610. After this move ...
Title:
RTFX Daily Forex Market comments : 05/17/2012
GBP USD
It may meet resistance in 1.5910 - 1.5933 zone for a drift down to 1.5866 zone, after which bounce to 1.5977 is anticipated.
EUR USD
Current fall is near an end of wave around 1.2679 zone, a rally should then procede to above 1.2756. Fall below 1.2641 would cancel this scenario.
USD CHF
While below 0.9458 - 0.9473 it is more likely to fall further towards 0.9430 or 0.9416. Premature rise above 0.9473 could see it rising above 0.9500 zone.
USD JPY
Our preferred view is for a drift down to 80.14 or below 79.96. Resistances is at 80.28. A rise above 80.54 would delay but not abort this expected fall.
USD CAD
Currently uptrend should end around 1.0155 - 1.0151 area. A correction down to below 1.0073 is expected. A rise above 1.0181 will abort the ...
Title:
RTFX Daily Forex Market comments : 05/16/2012
EUR USD
Market should not go lower than 1.2670. After this move down it should go up to 1.2825 area.
USD CHF
Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9479 or 0.9473 if support around 0.9403 hold. After which a pullback to 0.9403 - 0.9385 zone is possible.
GBP USD
Market should not go lower than 1.5992 - 1.5951. After this move down it should go up to 1.6054 - 1.6076 area.
USD JPY
Current rise seems to be over near 80.26 or 80.41 for a retracement towards 80.11 - 80.00 area.
USD CAD
It should try higher up to 1.0073 - 1.0100. Entry point 1.0045 or 1.0031. After this rise, a correction is expected.
NZD USD
Market should not go lower than 0.7641. After this move down it should go up to 0.7766 area.
AUD ...
Title:
RTFX Daily Forex Market comments : 05/15/2012
EUR USD
It looks set to visit further lower territory down to around 1.2823 - 1.2795. Its corrective attempts should fail ahead of 1.2864 - 1.2878. Stop loss above 1.2933 zone.
USD CHF
Currently uptrend should end around 0.9411 - 0.9386 area. A correction down to below 0.9328 is expected. A rise above 0.9406 will abort the expected correction.
GBP USD
It may attempt a test higher to 1.6108 - 1.6126 after which weakness may set it to a drift down to 1.6054 limit.
USD JPY
It looks more likely that it would rise to 80.13 - 80.41 from 79.77 or 79.63. After which a downside move is expected.
USD CAD
Uptrend is still intact. It should continue to rally to 1.0088 or 1.0123 if supports at 1.0028 - 1.0015 area hold. Stop loss below 1.0002.
NZD USD
It may meet ...
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