Daily Market Comments - Tuesday 14 April 2009

[RTFX-Trading]

EUR-USD	Current rise seems to be over near 1.3380 or 1.3464 for a retracement towards 1.3295 - 1.3247 area.
USD-CHF	Market should meet resistance at 1.1415. We expect then an extended move down to 1.1284 - 1.1083 area.
GBP-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 1.4868 or 1.5041 if support around 1.4776 hold. After which a pullback to 1.4776 - 1.4729 zone is possible.
USD-JPY	There is bearish potential for a fall to 99.7467 while 100.2333 - 100.4100 resist. After this fall a recovery up to 100.4100 or 100.5867 is expected.
EUR-JPY	Current rise seems to be over near 133.9150 or 134.6733 for a retracement towards 133.1567 - 132.7200 area.
EUR-CHF	Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.5133 or 1.5107. Major support is clustered around 1.5066 limit.
EUR-GBP	Current upmove should continue up to 0.9026 or 0.9054. Any correction should find support in 0.8994 - 0.8980 zone.
USD-CAD	null
NZD-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 0.5965 or 0.5998 if support around 0.5896 hold. After which a pullback to 0.5896 - 0.5878 zone is possible.
AUD-USD	Uptrend is still intact in a triangle configuration. It should continue to rally to 0.7359 or 0.7414 if support around 0.7276 hold. After which a pullback to 0.7276 - 0.7252 zone is possible.

Trading Desk, RTFX Ltd
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