Daily Market Comments - Monday 29 March 2010

[RTFX-Trading]

EUR-USD	Current rise seems to be over near 1.3417 or 1.3467 for a retracement towards 1.3367 - 1.3339 area.
USD-CHF	Market should not go lower than 1.0644 - 1.0610. After this move down it should go up to 1.0699 - 1.0720 area.
GBP-USD	No comment!
USD-JPY	It looks more likely that it would rise to 92.84 - 93.16 from 92.41 or 92.25. After which a downside move is expected.
USD-CAD	Currently uptrend should end around 1.0285 - 1.0311 area. A correction down to below 1.0214 is expected. A rise above 1.0356 will abort the expected correction.
NZD-USD	It looks more likely that it would rise to 0.7083 - 0.7126 from 0.7028 or 0.7006. After which a downside move is expected.
AUD-USD	It looks set to visit further lower territory down to around 0.9021 - 0.8989. Its corrective attempts should fail ahead of 0.9021 - 0.9103. Stop loss above 0.9167 zone.
EUR-JPY	Currently uptrend should end around 124.57 - 124.51 area. A correction down to below 123.30 is expected. A rise above 124.96 will abort the expected correction.
EUR-CHF	If market stays below 1.4298 a fall to around 1.4223 is expected. If market breaks the point 1.4313 it could reach the sky.
EUR-GBP	Current rise should end around 0.9032. Objectives of this downmove are 0.8963 or 0.8926. A rise above 0.9063 is again bullish.
EUR-CAD	Current rise seems to be over near 1.3790 or 1.3855 for a retracement towards 1.3725 - 1.3681 area.
EUR-NZD	It should trade higher to 1.9150 while 1.8982 or 1.8931 offers support. Stop loss below 1.8880 zone.
EUR-AUD	Current rise seems to be over near 1.4853 or 1.4930 for a retracement towards 1.4777 - 1.4729 area.
GBP-CHF	It should register further gains to 1.5941 while 1.5812 - 1.5756 caps downside attempts. Stop loss below 1.5684 zone.
GBP-JPY	Currently uptrend should end around 138.06 - 138.23 area. A correction down to below 137.24 is expected. A rise above 138.63 will abort the expected correction.
GBP-CAD	Currently uptrend should end around 1.5329 - 1.5391 area. A correction down to 1.5217 - 1.5168 is expected. A rise above 1.5489 will abort the expected correction.
GBP-AUD	Current rise seems to be over near 1.6508 or 1.6578 for a retracement towards 1.6438 - 1.6389 area.
CAD-JPY	It looks more likely that it would rise to 90.68 - 91.24 from 89.93 or 89.65. After which a downside move is expected.
NZD-JPY	There are initial signs of a good corrective recovery towards 65.42 or even 65.60. Supports at 65.01 and 64.78 zone.
AUD-JPY	No comment!
XAG-USD	Current rise seems to be over near 16.94 or 17.06 for a retracement towards 16.81 - 16.73 area.
XAU-USD	Current rise seems to be over near 1108.73 or 1115.38 for a retracement towards 1102.08 - 1098.14 area.

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