FX Strategy
20 March 2006 Monday
FX Strategy
US Dollar Index
Selling
GBP/USD
Long term - down trend 16 December 2004 with second main Resistance at 1.7680
Medium term - up trend 28 November 2005 with first main Support at 1.7235
Buying (Short term positions).
Resistance: 1.7590 1.7600 1.7635 1.7680
Support: 1.7510 1.7495 1.7390 1.7245 1.7050
EUR/USD
Long term - down trend 30 December 2004 with first main Resistance at 1.2500
Fibonacci level 38.2% at 1.2410
Medium term - up trend 15 November 2005 with first main Support at 1.1875
Buying (Short term positions)
Resistance: 1.2335
Support: 1.2165 1.2065 1.1985 1.1900 1.1875
Fibonacci level 23.6% at 1.2120
USD/CHF
Long term - up trend 30 December 2004 with second main Support at 1.2750
Medium term - main Resistance at 1.3230
Selling (Short term positions)
Resistance: 1.3230 1.3290
Support: 1.2820 1.2750
USD/JPY
Long term - up trend 17 January 2005
Selling (Short term positions)
Resistance: 116.75 118.50 119.00 119.45
Support: 115.70 115.15 113.90 113.65
GBP/JPY
Long term - up trend
Selling
EUR/JPY
Long term - up trend
Selling
EUR/GBP
Buying
DJIA
Buying
AUD/USD
Selling
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