Weekly Market Comments - Monday 01 June 2009

[RTFX-Trading]

EUR-USD	Currently uptrend should end around 1.4347 - 1.4273 area. A correction down to below 1.3897 is expected. A rise above 1.4409 will abort the expected correction.
USD-CHF	Market should not go lower than 1.0666 - 1.0570. After this move down it should go up to 1.0815 - 1.0868 area.
GBP-USD	One move lower to 1.5896 or 1.5628 is anticipated while below 1.6181 - 1.6315 area. Stop loss above 1.6466 zone.
USD-JPY	It is a triangle configuration. Market should break either side. Acceleration should occur above 97.2400 or under 94.4200 limits.
EUR-JPY	While below 135.1950 - 136.4366 it is more likely to fall further towards 133.0800 or 132.2066. Premature rise above 136.4366 could see it rising above 138.1833 zone.
EUR-CHF	There is bearish potential for a fall to 1.5041 while 1.5127 - 1.5152 resist. After this fall a recovery up to 1.5152 or 1.5177 is expected.
EUR-GBP	Market should hold major support at 0.8594 before rising towards 0.8828 or even 0.8909 limit.
USD-CAD	Market should not go lower than 1.0913 - 1.0766. After this move down it should go up to 1.1142 - 1.1223 area.
NZD-USD	Currently uptrend should end around 0.6594 - 0.6517 area. A correction down to below 0.6197 is expected. A rise above 0.6624 will abort the expected correction.
AUD-USD	Currently uptrend should end around 0.8161 - 0.8114 area. A correction down to below 0.7804 is expected. A rise above 0.8218 will abort the expected correction.
XAG-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 16.0867 or 16.1433 if support around 15.2267 hold. After which a pullback to 15.2267 - 14.9950 zone is possible.
XAU-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 986.4845 or 992.9934 if support around 966.1967 hold. After which a pullback to 966.1967 - 959.1101 zone is possible.

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.