Daily Market Comments - Friday 26 March 2010

[RTFX-Trading]

EUR-USD	Current fall is near an end of wave around 1.3241 zone, a rally should then procede to above 1.3360. Fall below 1.3195 would cancel this scenario.
USD-CHF	One move lower to 1.0688 or 1.0641 is anticipated while below 1.0743 - 1.0766 area. Stop loss above 1.0798 zone.
GBP-USD	Market should not go lower than 1.4809 - 1.4742. After this move down it should go up to 1.4913 - 1.4952 area.
USD-JPY	One move lower to 91.97 or 91.27 is anticipated while below 92.81 - 93.16 area. Stop loss above 93.66 zone.
USD-CAD	It should try higher up to 1.0249 - 1.0275. Entry point 1.0223 or 1.0207. After this rise, a correction is expected.
NZD-USD	While below 0.7042 or 0.7053 it could fall towards below 0.7004 or 0.6967. After which a corrective/consolidation activity is expected to 0.7072 zone.
AUD-USD	It looks set to visit further lower territory down to around 0.9075 - 0.9053. Its corrective attempts should fail ahead of 0.9075 - 0.9127. Stop loss above 0.9171 zone.
EUR-JPY	While below 123.52 - 123.93 it is more likely to fall further towards 122.71 or 122.31. Premature rise above 123.93 could see it rising above 124.73 zone.
EUR-CHF	It should be subject to more weakness towards 1.4245. After which a correction to above 1.4289 is anticipated. A break of 1.4227 is bearish.
EUR-GBP	It should trade higher to 0.9014 or above 0.9062 in extention. Supports at 0.8923 and 0.8899. Stop loss below 0.8831 zone.
EUR-CAD	It may meet resistance in 1.3609 - 1.3615 zone for a drift down to 1.3567 zone, after which bounce to 1.3658 is anticipated.
EUR-NZD	It may meet resistance in 1.8871 - 1.8889 zone for a drift down to 1.8787 zone, after which bounce to 1.8972 is anticipated.
EUR-AUD	One more dip to 1.4615 - 1.4598 is likely followed by a grind higher to 1.4647 - 1.4663. After which it can resume its downtrend.
GBP-CHF	It is a triangle configuration. Market should break either side. Acceleration should occur above 1.6063 or under 1.5891 limits.
GBP-JPY	Resistances lie around 137.74 and 138.10. It should test lower towards 136.62 zone. A clear break of 137.22 would be bearish.
GBP-CAD	Market should not go lower than 1.5149 - 1.5093. After this move down it should go up to 1.5247 - 1.5289 area.
GBP-AUD	There is bearish potential for a fall to 1.6297 - 1.6250 while 1.6345 - 1.6377 resist. After this fall a recovery up to 1.6377 or 1.6409 is expected.
CAD-JPY	While below 90.82 - 91.19 it is more likely to fall further towards 90.08 or 89.73. Premature rise above 91.19 could see it rising above 91.90 zone.
NZD-JPY	While below 65.48 - 65.81 it is more likely to fall further towards 64.88 or 64.60. Premature rise above 65.81 could see it rising above 66.36 zone.
AUD-JPY	While below 84.42 - 84.69 it is more likely to fall further towards 83.90 or 83.64. Premature rise above 84.69 could see it rising above 85.20 zone.
XAG-USD	Market should not go lower than 16.57 - 16.48. After this move down it should go up to 16.73 - 16.79 area.
XAU-USD	It may attempt a test higher to 1093.41 - 1095.95 after which weakness may set it to a drift down to below 1085.82 limit.

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16th September SquareMosta, MST 1180Malta
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