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Old 24-01-2006, 20:10   #7
RF_TRADERTIP
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Re: Realtime Forex TraderTip

Wednesday January 25 2006



EUR-USD

1.2280. A corrective rise should ideally test 1.2316 or even higher than 1.2353. Supports are at 1.2260. Stop loss below 1.2221 zone.

USD-CHF

1.2609. Is expected to fall lower than 1.2520. Entry sell point are at 1.2623 or 1.2645 . Stop loss above 1.2645.

USD-JPY

114.68. It should test 114.85 area after which a sell off down to 114.39 or extended to 114.09 area is expected.

GBP-USD

1.7848. There are initial signs of a good corrective recovery towards 1.7873 or even 1.7895. Supports at 1.7827 1.7804 zone.

EUR-CHF

1.5485. Current upmove should be over between1.5492 1.5483. A correction down to 1.5448 is anticipated. A break of 1.5501 is bullish.

EUR-JPY

140.82. Current rise should end around 140.76 or 141.13. Objectives of this downmove are 140.46 or 140.09. A rise above 141.43 is again bullish.

EUR-GBP

0.6881. It should find support in 0.6866 - 0.6852 area for a rally to 0.6908. Unexpected fall below 0.6852 will dent this bullish view.

AUD-USD

0.7519. A corrective/consolidation activity between 0.7490 0.7570 is likely for a while.

USD-CAD

1.1514. It is a triangle configuration. Market should break either side. Acceleration should occur above 1.1583 or under 1.1488 limits.



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