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Wednesday, September 12, 2007

Forex Signal 13 Sept 07

Wednesday, September 12, 2007
EUR-USD
1.3903. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3945 or 1.3970 if support around 1.3880 hold. After which a pullback to 1.3880 - 1.3864 zone is possible.
USD-CHF
1.1849. One more dip to 1.1812 or 1.1776 is likely followed by a grind higher to above 1.1873 or 1.1934. After which it can resume its downtrend.
USD-JPY
114.25. A corrective/consolidation activity between 113.89 and 114.49 is likely for a while.
GBP-USD
2.0291. Decline should be supported around 2.0263 - 2.0236 zone for rally to above 2.0394. A clear break of 2.0236 will damage this expected rally.
EUR-CHF
1.6475. Uptrend is still intact in a triangle configuration. It should continue to rally to 1.6494 or 1.6524 if support around 1.6454 hold. After which a pullback to 1.6454 - 1.6442 zone is possible.
EUR-JPY
158.83. Currently uptrend should end around 159.56 - 159.24 area. A correction down to below 158.10 is expected. A rise above 159.64 will abort the expected correction.
EUR-GBP
0.6851. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6865 or 0.6884 if support around 0.6836 hold. After which a pullback to 0.6836 - 0.6828 zone is possible.
AUD-USD
0.8417. A correction down to 0.8351 folowed buy a mouve up to 0.8426 or 0.8459. A break above 0.8500 would accelerate this bullish move.
USD-CAD
1.0368. It may meet resistance in 1.0368 - 1.0389 zone for a drift down to 1.0305 zone, after which bounce to 1.0407 is anticipated.

From: Realtimeforex

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