Daily Market Comments - Friday 13 November 2009

[RTFX-Trading]

EUR-USD	Market should not go lower than 1.4836 - 1.4776. After this move down it should go up to 1.4934 - 1.4971 area.
USD-CHF	Current rise seems to be over near 1.0184 or 1.0225 for a retracement towards 1.0142 - 1.0116 area.
GBP-USD	It should try higher up to 1.6602 - 1.6630. Entry point 1.6573 or 1.6546. After this rise, a correction is expected.
USD-JPY	Current rise seems to be over near 90.4800 or 90.7600 for a retracement towards 90.2000 - 89.9950 area.
USD-CAD	It should try higher up to 1.0566 - 1.0616. Entry point 1.0516 or 1.0487. After this rise, a correction is expected.
NZD-USD	Market should not go lower than 0.7319 - 0.7277. After this move down it should go up to 0.7386 - 0.7411 area.
AUD-USD	There is bearish potential for a fall to 0.9223 - 0.9174 while 0.9272 - 0.9303 resist. After this fall a recovery up to 0.9303 or 0.9333 is expected.
EUR-JPY	No comment!
EUR-CHF	It should trade higher to 1.5115 while 1.5107 or 1.5104 offers support. Stop loss below 1.5101 zone.
EUR-GBP	While above 0.8952 - 0.8914 zone a corrective dip could test 0.8989 or 0.9033. After which it should resume his downtrend.
EUR-CAD	It may attempt a test higher to 1.5704 - 1.5739 after which weakness may set it to a drift down to 1.5606 limit.
EUR-NZD	Current upmove should be ended around 2.0299 - 2.0341. Any correction consolidation should find support in 2.0216 - 2.0176 zone.
EUR-AUD	Market should hold major support at 1.6012 before rising towards 1.6126 or even 1.6172 limit.
GBP-CHF	Corrective dips should ideally halt near 1.6761 or 1.6719 for one more thrust upwards towards 1.6876 - 1.6949 area or 1.7033 in extention. Fall below 1.6573 puts it back on a downward path.
GBP-JPY	It should test 151.0700 area after which a sell off down to 148.6867 or extended to 147.5833 area is expected.
GBP-CAD	It may attempt a test higher to 1.7517 - 1.7600 after which weakness may set it to a drift down to below 1.7335 limit.
GBP-AUD	It may attempt a test higher to 1.7971 - 1.8061 after which weakness may set it to a drift down to 1.7769 limit.
CAD-JPY	Current move should be supported in 85.4350 - 85.1300 zone for a rise to 86.2100. A break below 84.6600 opens the way down.
NZD-JPY	No comment!
AUD-JPY	It is a triangle configuration. Market should break either side. Acceleration should occur above 84.2200 or under 83.2400 limits.
XAG-USD	It looks more likely that it would rise to 17.5900 - 17.9600 from 17.2050 or 17.0200. After which a downside move is expected.
XAU-USD	It looks more likely that it would rise to 1117.1133 - 1130.3466 from 1103.3401 or 1096.7234. After which a downside move is expected.

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