Daily Market Comments - Wednesday 02 September 2009

[RTFX-Trading]

EUR-USD	No comment!
USD-CHF	Currently uptrend should end around 1.0679 - 1.0725 area. A correction down to below 1.0563 is expected. A rise above 1.0796 will abort the expected correction.
GBP-USD	There is bearish potential for a fall to 1.6136 - 1.6056 while 1.6216 - 1.6267 resist. After this fall a recovery up to 1.6267 or 1.6318 is expected.
USD-JPY	Market should not go lower than 92.8600 - 92.6700. After this move down it should go up to 93.1700 - 93.2900 area.
USD-CAD	It should find support in 1.0957 - 1.0921 area for a rally to 1.1189. Unexpected fall below 1.0799 will dent this bullish view.
NZD-USD	Market should not go lower than 0.6737 - 0.6687. After this move down it should go up to 0.6820 - 0.6853 area.
AUD-USD	Market should not go lower than 0.8253 - 0.8187. After this move down it should go up to 0.8355 - 0.8392 area.
EUR-JPY	Market should not go lower than 132.0200 - 131.3100. After this move down it should go up to 133.1650 - 133.6000 area.
EUR-CHF	Any possible decline should be supported around 1.5141 - 1.5126 zone for rally to above 1.5198. A clear break of 1.5105 will damage this expected rally.
EUR-GBP	It is a triangle configuration. Market should break either side. Acceleration should occur above 0.8835 or under 0.8771 limits.
GBP-CHF	Market should pop up towards 1.7257 or 1.7290 this bullish scenario would be damaged if 1.7187 - 1.7150 zone is broken, a severe break down could then occur.
GBP-JPY	No comment!
NZD-JPY	Market should not go lower than 62.6350 - 62.0967. After this move down it should go up to 63.5000 - 63.8267 area.
AUD-JPY	Market should not go lower than 76.7000 - 76.0300. After this move down it should go up to 77.7300 - 78.0900 area.
XAG-USD	It should try higher up to 15.0550 - 15.1900. Entry point 14.9200 or 14.8400. After this rise, a correction is expected.
XAU-USD	It may attempt a test higher to 956.6699 - 960.0266 after which weakness may set it to a drift down to 949.5066 limit.

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.