Daily Market Comments - Friday 27 November 2009

[RTFX-Trading]

EUR-USD	Bullish reaction to above 1.5122 is anticipated from 1.5020 - 1.4989 zone. Stop loss below 1.4939 zone.
USD-CHF	It may attempt a test higher to 1.0050 - 1.0094 after which weakness may set it to a drift down to 0.9940 limit.
GBP-USD	No comment!
USD-JPY	It may meet resistance in 86.5700 - 86.7800 zone for a drift down to 86.0800 zone, after which bounce to 87.2700 is anticipated.
USD-CAD	It should trade higher to 1.0656 while 1.0554 or 1.0520 offers support. Stop loss below 1.0486 zone.
NZD-USD	Market should not go lower than 0.7142 - 0.7079. After this move down it should go up to 0.7243 - 0.7281 area.
AUD-USD	No comment!
EUR-JPY	Market should not go lower than 128.7534. After this move down it should go up to 131.7233 area.
EUR-CHF	It looks set to visit further lower territory down to around 1.5037 - 1.5005. Its corrective attempts should fail ahead of 1.5037 - 1.5126. Stop loss above 1.5190 zone.
EUR-GBP	While below 0.9108 - 0.9131 it is more likely to fall further towards 0.9062 or 0.9040. Premature rise above 0.9131 could see it rising above 0.9176 zone.
EUR-CAD	Current rise seems to be over near 1.5921 or 1.5959 for a retracement towards 1.5884 - 1.5858 area.
EUR-NZD	Uptrend is still intact in a triangle configuration. It should continue to rally to 2.1158 or 2.1136 if support around 2.0892 hold. After which a pullback to 2.0892 - 2.0821 zone is possible.
EUR-AUD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.6516 or 1.6535 if support around 1.6385 hold. After which a pullback to 1.6385 - 1.6336 zone is possible.
GBP-CHF	It looks set to visit further lower territory down to around 1.6550 - 1.6498. Its corrective attempts should fail ahead of 1.6550 - 1.6684. Stop loss above 1.6789 zone.
GBP-JPY	Market should not go lower than 141.3468. After this move down it should go up to 145.3967 area.
GBP-CAD	It should test 1.7610 area after which a sell off down to 1.7410 or extended to 1.7314 area is expected.
GBP-AUD	It should trade higher to 1.8166 while 1.8040 or 1.8004 offers support. Stop loss below 1.7968 zone.
CAD-JPY	Market should not go lower than 80.8231. After this move down it should go up to 83.1000 area.
NZD-JPY	Market should not go lower than 60.9135. After this move down it should go up to 63.4300 area.
AUD-JPY	Market should not go lower than 78.9250 - 78.0733. After this move down it should go up to 80.2850 - 80.7933 area.
XAG-USD	No comment!
XAU-USD	Currently uptrend should end around 1199.3313 - 1198.2902 area. A correction down to below 1183.5101 is expected. A rise above 1204.2101 will abort the expected correction.

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.