Daily Market Comments - Friday 11 June 2010

[RTFX-Trading]

EUR-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2172 or 1.2192 if support around 1.2074 hold. After which a pullback to 1.2074 - 1.2041 zone is possible.
USD-CHF	It should register further gains to 1.1482 while 1.1376 - 1.1334 caps downside attempts. Stop loss below 1.1270 zone.
GBP-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4801 or 1.4785 if support around 1.4647 hold. After which a pullback to 1.4647 - 1.4612 zone is possible.
USD-JPY	Market should hold major support at 90.93 before rising towards 91.58 or even 91.84 limit.
USD-CAD	Market should not go lower than 1.0226. After this move down it should go up to 1.0404 area.
NZD-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 0.6940 or 0.6939 if support around 0.6804 hold. After which a pullback to 0.6804 - 0.6768 zone is possible.
AUD-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 0.8570 or 0.8586 if support around 0.8425 hold. After which a pullback to 0.8425 - 0.8383 zone is possible.
EUR-JPY	Uptrend is still intact in a triangle configuration. It should continue to rally to 110.82 or 111.40 if support around 110.19 hold. After which a pullback to 110.19 - 109.85 zone is possible.
EUR-CHF	Current rise seems to be over near 1.3859 or 1.3897 for a retracement towards 1.3822 - 1.3797 area.
EUR-GBP	No comment!
EUR-CAD	No comment!
EUR-NZD	Market should not go lower than 1.7526. After this move down it should go up to 1.7868 area.
EUR-AUD	Market should not go lower than 1.4253 - 1.4168. After this move down it should go up to 1.4384 - 1.4431 area.
GBP-CHF	Current rise seems to be over near 1.6823 or 1.6880 for a retracement towards 1.6767 - 1.6729 area.
GBP-JPY	Uptrend is still intact in a triangle configuration. It should continue to rally to 134.83 or 135.13 if support around 133.69 hold. After which a pullback to 133.69 - 133.32 zone is possible.
GBP-CAD	It should trade higher to 1.5206 or above 1.5260 in extention. Supports at 1.5110 and 1.5083. Stop loss below 1.5015 zone.
GBP-AUD	Market should not go lower than 1.7284 - 1.7180. After this move down it should go up to 1.7452 - 1.7517 area.
CAD-JPY	Uptrend is still intact in a triangle configuration. It should continue to rally to 89.07 or 89.22 if support around 88.22 hold. After which a pullback to 88.22 - 87.95 zone is possible.
NZD-JPY	Uptrend is still intact in a triangle configuration. It should continue to rally to 63.28 or 63.39 if support around 62.12 hold. After which a pullback to 62.12 - 61.78 zone is possible.
AUD-JPY	Uptrend is still intact in a triangle configuration. It should continue to rally to 78.13 or 78.43 if support around 76.92 hold. After which a pullback to 76.92 - 76.53 zone is possible.
XAG-USD	If market stays below 18.33 a fall to 17.94 is expected. If market breaks the point 18.47 it could reach the sky.
XAU-USD	Market should not go lower than 1215.88 - 1209.42. After this move down it should go up to 1225.94 - 1229.54 area.

Trading Desk, RTFX Ltd
16th September Square Mosta, MST 1180 Malta
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.