Weekly Market Comments - Monday 29 March 2010

[RTFX-Trading]

EUR-USD	It may meet resistance in 1.3410 - 1.3416 zone for a drift down to 1.3261 zone, after which bounce to 1.3564 is anticipated.
USD-CHF	Strength can extend to 1.0702 or even 1.0753 as declines are expected to find support at 1.0650 or 1.0599. Stop Loss below 1.0549 zone.
GBP-USD	Current fall is near an end of wave around 1.4760 zone, a rally should then procede to above 1.5074. Fall below 1.4622 would cancel this scenario.
USD-JPY	Current rise seems to be over near 92.74 or 93.70 for a retracement towards 91.77 - 91.17 area.
USD-CAD	Current rise seems to be over near 1.0285 or 1.0331 for a retracement towards 1.0239 - 1.0207 area.
NZD-USD	While above 0.7018 - 0.6990 zone a corrective upmove could test 0.7071 or 0.7096. After which it should resume its downtrend.
AUD-USD	Market should not go lower than 0.9021 - 0.8961. After this move down it should go up to 0.9119 - 0.9158 area.
EUR-JPY	It should test 126.92 area after which a sell off down to 122.01 or extended to 119.96 area is expected.
EUR-CHF	It may meet resistance in 1.4283 - 1.4296 zone for a drift down to 1.4219 zone, after which bounce to 1.4360 is anticipated.
EUR-GBP	Market should hold major support at 0.8875 before rising towards 0.9071 or even 0.9142 limit.
EUR-CAD	It should test 1.3888 area after which a sell off down to 1.3612 or extended to 1.3459 area is expected.
EUR-NZD	Market should hold major support at 1.8622 before rising towards 1.9288 or even 1.9528 limit.
EUR-AUD	It should test 1.5029 area after which a sell off down to 1.4667 or extended to 1.4499 area is expected.
GBP-CHF	Market should not go lower than 1.5849 - 1.5777. After this move down it should go up to 1.5965 - 1.6011 area.
GBP-JPY	It should be subject to more sell off towards 136.19 or 135.54. Corrective upward swings should face resistance around 140.78 area. A break of 140.42 is bullish.
GBP-CAD	It should trade higher to 1.5430 or above 1.5567 in extention. Supports at 1.5207 and 1.5138. Stop loss below 1.4983 zone.
GBP-AUD	Market should hold major support at 1.6320 before rising towards 1.6584 or even 1.6687 limit.
CAD-JPY	Currently uptrend should end around 90.64 - 91.60 area. A correction down to below 88.20 is expected. A rise above 93.08 will abort the expected correction.
NZD-JPY	Currently uptrend should end around 65.42 - 66.22 area. A correction down to below 63.52 is expected. A rise above 67.32 will abort the expected correction.
AUD-JPY	Currently uptrend should end around 84.14 - 84.95 area. A correction down to below 82.01 is expected. A rise above 86.28 will abort the expected correction.
XAG-USD	It should trade higher to above 17.18 while 16.72 - 16.58 offer support. Stop Loss below 16.27 zone.
XAU-USD	It should test 1127.25 area after which a sell off down to 1091.88 or extended to 1076.27 area is expected.

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.