Daily Market Comments - Wednesday 30 June 2010

[RTFX-Trading]

EUR-USD	It may meet resistance in 1.2187 - 1.2210 zone for a drift down to 1.2129 zone, after which bounce to 1.2268 is anticipated.
USD-CHF	Market should not go lower than 1.0781. After this move down it should go up to 1.0882 area.
GBP-USD	It should be subject to more sell off towards 1.5013 or 1.4959. Corrective upward swings should face resistance around 1.5067 area. A break of 1.5175 is bullish.
USD-JPY	It looks set to visit further lower territory down to around 88.45 - 88.12. Its corrective attempts should fail ahead of 88.45 - 89.25. Stop loss above 89.89 zone.
USD-CAD	Current rise seems to be over near 1.0569 or 1.0645 for a retracement towards 1.0494 - 1.0452 area.
NZD-USD	Market should not go lower than 0.6820. After this move down it should go up to 0.7003 - 0.7034 area.
AUD-USD	Market should not go lower than 0.8374. After this move down it should go up to 0.8604 - 0.8648 area.
EUR-JPY	One more dip to 107.65 - 106.91 is likely followed by a grind higher to 108.92 - 109.46. After which it can resume its downtrend.
EUR-CHF	It may meet resistance in 1.3239 - 1.3275 zone for a drift down to below 1.3115 zone.
EUR-GBP	It may meet resistance in 0.8090 - 0.8098 zone for a drift down to 0.8060 zone, after which bounce to 0.8129 is anticipated.
EUR-CAD	It should trade higher to 1.2945 while 1.2823 or 1.2786 offers support. Stop loss below 1.2750 zone.
EUR-NZD	Current rise seems to be over near 1.7620 or 1.7719 for a retracement towards 1.7521 - 1.7467 area.
EUR-AUD	Current rise seems to be over near 1.4373 or 1.4472 for a retracement towards 1.4274 - 1.4218 area.
GBP-CHF	It looks set to visit further lower territory down to around 1.6287 - 1.6236. Its corrective attempts should fail ahead of 1.6287 - 1.6405. Stop loss above 1.6507 zone.
GBP-JPY	Market should not go lower than 133.16 - 132.50. After this move down it should go up to 134.32 - 134.82 area.
GBP-CAD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.6038 or 1.6027 if support around 1.5826 hold. After which a pullback to 1.5826 - 1.5768 zone is possible.
GBP-AUD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.7981 or 1.7916 if support around 1.7612 hold. After which a pullback to 1.7612 - 1.7531 zone is possible.
CAD-JPY	Market should not go lower than 83.76 - 82.89. After this move down it should go up to 85.14 - 85.64 area.
NZD-JPY	Market should not go lower than 60.10. After this move down it should go up to 62.76 area.
AUD-JPY	Market should not go lower than 73.93. After this move down it should go up to 76.58 - 77.13 area.
XAG-USD	It may meet resistance in 18.50 - 18.56 zone for a drift down to 18.33 zone, after which bounce to 18.73 is anticipated.
XAU-USD	It should test 1249.40 area after which a sell off down to 1230.22 or extended to 1219.78 area is expected.

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.