Weekly Market Comments - Monday 27 July 2009

[RTFX-Trading]

EUR-USD	One move lower to 1.4113 or 1.4011 is anticipated while below 1.4253 - 1.4304 area. Stop loss above 1.4393 zone.
USD-CHF	Market should hold major support at 1.0557 before rising towards 1.0781 or even 1.0852 limit.
GBP-USD	Resistances lie around 1.6507 and 1.6573. It should test lower towards 1.6298 zone. A clear break of 1.6390 would be bearish.
USD-JPY	Current rise seems to be over near 95.0200 or 95.6633 for a retracement towards 94.3767 - 93.9200 area.
USD-CAD	It may meet resistance in 1.0829 - 1.0928 zone for a drift down to 1.0696 zone, after which bounce to 1.1060 is anticipated.
NZD-USD	One move lower to 0.6455 or 0.6353 is anticipated while below 0.6594 - 0.6645 area. Stop loss above 0.6733 zone.
AUD-USD	One move lower to 0.8047 or 0.7925 is anticipated while below 0.8195 - 0.8256 area. Stop loss above 0.8343 zone.
EUR-JPY	One move lower to 132.6433 or 130.5967 is anticipated while below 135.1600 - 136.1833 area. Stop loss above 137.6767 zone.
EUR-CHF	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5253 or 1.5266 if support around 1.5205 hold. After which a pullback to 1.5205 - 1.5184 zone is possible.
EUR-GBP	Currently uptrend should end around 0.8672 - 0.8705 area. A correction down to below 0.8586 is expected. A rise above 0.8758 will abort the expected correction.
GBP-CHF	A drift down to 1.7445 - 1.7293 from 1.7597 - 1.7677 area could be followed by a consolidation/corrective activity.
GBP-JPY	While below 156.6500 - 158.0900 it is more likely to fall further towards 154.0050 or 152.8000. Premature rise above 158.0900 could see it rising above 160.5000 zone.
NZD-JPY	One move lower to 60.9167 or 59.6933 is anticipated while below 62.4950 - 63.1067 area. Stop loss above 64.0733 zone.
AUD-JPY	One move lower to 75.9100 or 74.4200 is anticipated while below 77.7250 - 78.4700 area. Stop loss above 79.5400 zone.
XAG-USD	One move lower to 13.5433 or 13.1967 is anticipated while below 13.9000 - 14.0733 area. Stop loss above 14.2567 zone.
XAU-USD	One move lower to 940.0468 or 928.2734 is anticipated while below 954.6600 - 960.5468 area. Stop loss above 969.2734 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.