Daily Market Comments - Tuesday 02 June 2009

[RTFX-Trading]

EUR-USD	Should test support at 1.4090 while below 1.4159. If support at 1.4090 holds it can rise up to 1.4237, if not it should fall to below 1.4021 zone.
USD-CHF	It should try higher up to 1.0713 - 1.0744. Entry point 1.0682 or 1.0660. After this rise, a correction is expected.
GBP-USD	One move lower to 1.6238 or 1.6033 is anticipated while below 1.6471 - 1.6573 area. Stop loss above 1.6703 zone.
USD-JPY	It may attempt a test higher to 96.6950 - 97.4433 after which weakness may set it to a drift down to 95.0933 limit.
EUR-JPY	Currently uptrend should end around 137.0000 - 138.0367 area. A correction down to below 134.6767 is expected. A rise above 139.3233 will abort the expected correction.
EUR-CHF	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5171 or 1.5203 if support around 1.5137 hold. After which a pullback to 1.5137 - 1.5113 zone is possible.
EUR-GBP	Market should not go lower than 0.8550. After this move down it should go up to 0.8674 - 0.8699 area.
USD-CAD	It should try higher up to 1.0942 - 1.0994. Entry point 1.0889 or 1.0861. After this rise, a correction is expected.
NZD-USD	One move lower to 0.6391 or 0.6283 is anticipated while below 0.6532 - 0.6586 area. Stop loss above 0.6673 zone.
AUD-USD	One move lower to 0.8010 or 0.7919 is anticipated while below 0.8128 - 0.8173 area. Stop loss above 0.8245 zone.
XAG-USD	A corrective rise should ideally test 15.8633 or even higher than 16.1267. Supports are at 15.2800. Stop loss below 15.2867 zone.
XAU-USD	A corrective rise should ideally test 984.8067 or even higher than 994.4634. Supports are at 962.8701. Stop loss below 964.0233 zone.

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

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