Weekly Market Comments - Monday 29 June 2009

[RTFX-Trading]

EUR-USD	It should trade higher to 1.4195 while 1.4011 or 1.3947 offers support. Stop loss below 1.3883 zone.
USD-CHF	It looks more likely that it would rise to 1.1012 - 1.1211 from 1.0723 or 1.0623. After which a downside move is expected.
GBP-USD	It looks set for gains to 1.6682. Supports at 1.6367 and 1.6289. A break of 1.6052 will damage this bullish structure.
USD-JPY	It may meet resistance in 95.1900 - 95.5467 zone for a drift down to 94.5233 zone, after which bounce to 96.2133 is anticipated.
EUR-JPY	It should try higher up to 134.4550 - 135.4633. Entry point 133.4467 or 132.6800. After this rise, a correction is expected.
EUR-CHF	Strength can extend to 1.5297 or even 1.5393 as declines are expected to find support at 1.5202 or 1.5112. Stop Loss below 1.5023 zone.
EUR-GBP	Current upmove should be over between 0.8556 and 0.8608. A correction down to 0.8210 is anticipated. A break of 0.8703 is bullish.
USD-CAD	While below 1.1589 - 1.1673 it is more likely to fall further towards 1.1438 or 1.1372. Premature rise above 1.1673 could see it rising above 1.1806 zone.
NZD-USD	Difficult to predict the next move. If first down it should hold 0.6356 or 0.6312. If first up it should face resistance in 0.6473 - 0.6545 zone to 0.6312 zone.
AUD-USD	Market should hold major support at 0.7773 before rising towards 0.8174 or even 0.8280 limit.
XAG-USD	It should try higher up to 14.2150. Entry point 14.0200 or 13.8650. After this rise, a correction is expected.
XAU-USD	It should trade higher to 954.8033 or above 969.3567 in extention. Supports at 926.7400 and 919.4633. Stop loss below 898.6766 zone.

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.