Daily Market Comments - Tuesday 30 June 2009

[RTFX-Trading]

EUR-USD	It should trade higher to 1.4129 while 1.4032 or 1.4009 offers support. Stop loss below 1.3936 zone.
USD-CHF	There is bearish potential for a fall to 1.0816 - 1.0784 while 1.0848 - 1.0868 resist. After this fall a recovery up to 1.0868 or 1.0888 is expected.
GBP-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.6607 or 1.6625 if support around 1.6526 hold. After which a pullback to 1.6526 - 1.6496 zone is possible.
USD-JPY	It should trade higher to 96.4433 while 95.7967 or 95.6100 offers support. Stop loss below 95.4233 zone.
EUR-JPY	It should try higher up to 135.3950 - 136.0700. Entry point 134.7200 or 134.3350. After this rise, a correction is expected.
EUR-CHF	It looks set to visit further lower territory down to below 1.5185. Its corrective attempts should fail around 1.5248 area.
EUR-GBP	Market should hold major support at 0.8461 before rising towards 0.8524 or even 0.8548 limit.
USD-CAD	Uptrend is still intact. It should continue to rally to 1.1650 or 1.1698 if supports at 1.1558 - 1.1536 area hold. Stop loss below 1.1514.
NZD-USD	It should try higher up to 0.6517 - 0.6549. Entry point 0.6485 or 0.6466. After this rise, a correction is expected.
AUD-USD	Corrective dips should ideally halt near 0.8033 or 0.8013 for one more thrust upwards towards 0.8090 - 0.8125 area or 0.8166 in extention. Fall below 0.7942 puts it back on a downward path.
XAG-USD	It might hold above 13.8550 or 13.7633 for a rise towards above 14.0433. Stop loss below 13.6667 zone.
XAU-USD	One more dip to 935.9000 - 933.5667 is likely followed by a grind higher to 940.4250 - 942.6167. After which it can resume his downtrend.

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