market summary

[digitalfx]

MarketSummary

USDJPY

Remained under pressure due to weakness in stocks (Dow Jones fell by 80 Points )
Bids are reported at 99.00/10 with Stops seen below 99.00 but more demand is reported at 98.80/85 and 98.55/60

EURUSD

Found Support @ 1.5745/50, however offers remains at 1.5800/10 and further at 1.5835/40 with stops reported well above 1.5860. Bids are reported at 1.5765-60-1.5750-40

[digitalfx]

Originally Posted by digitalfx

MarketSummary

USDJPY

Remained under pressure due to weakness in stocks (Dow Jones fell by 80 Points )
Bids are reported at 99.00/10 with Stops seen below 99.00 but more demand is reported at 98.80/85 and 98.55/60

EURUSD

Found Support @ 1.5745/50, however offers remains at 1.5800/10 and further at 1.5835/40 with stops reported well above 1.5860. Bids are reported at 1.5765-60-1.5750-40

Market Sentiment:


GBPUSD - recovered after selloff to 1.9881 , more selling at 1.9930,1.9950/60 and 1.9980/90 with stops above 2.000 and 2.0025. Bids noted at 1.9885 and 50/60. Investors are now focusing on Manufacturing PMI Data Next Week.

[digitalfx]

Originally Posted by digitalfx

Market Sentiment:


GBPUSD - recovered after selloff to 1.9881 , more selling at 1.9930,1.9950/60 and 1.9980/90 with stops above 2.000 and 2.0025. Bids noted at 1.9885 and 50/60. Investors are now focusing on Manufacturing PMI Data Next Week.

S/R

USDJPY
Resistance 102.15 - 102.20
Support 101.30/35 - 101.00

GBPUSD
Resistance : 1.9830/35
Support: 1.9700/10 1.9660/65

EURUSD
Resistance : 1.5890/95 - 1.5905
Support : 1.5770 - 1.5750

[digitalfx]

USDJPY
Support 101.60, 101.30 101.00/10.
Resistance 102.00, 102.15/20 n 102.50/60.
Gbp/usd -
Resistance: 1.9750, 1.9780/90 1.9840/45 1.9850.
Support: 1.9700 1.9650 1.9610/20.
Eur/usd -
Resistance 1.5780, 1.5810 1.5850/55.
Support 1.5730, 1.5705/10 1.5675/80

[digitalfx]

GBPUSD - 1.9770 Pound Dipped after rally from 1.9651 to 1.9895.
Bids are reported at 1.9740, 1.9710/20 with stops seen below 1.9700. On the upside, Resistance at 1.9800, 1.9830 and further out at 1.9860/70 with stops seen above 1.9900

[digitalfx]

Gbp/usd - 1.9961...Cable has moved higher fm 1.9882 on cross buying in sterling with traders being optimistic about the BOE's proposed plan to help the troubled mortgage market in the U.K. Bids are lined up in the region of 1.9850-1.9870 while on the upside, offers are reported at 1.9940 (for profit taking purposes). Selling interest is likely to emerge further out ahead of the 2.0000 lvl...

Market -
http://fxtronic.com/tronic01/showthr...?p=585#post585