Daily Market Comments - Thursday 30 April 2009

[RTFX-Trading]

EUR-USD	While below 1.3370 it is more likely to fall further towards 1.3197 or 1.3149. Premature rise above 1.3370 could see it rising above 1.3466 zone.
USD-CHF	It may meet resistance in 1.1362 - 1.1370 zone for a drift down to 1.1338 zone, after which bounce to 1.1405 is anticipated.
GBP-USD	Current rise seems to be over near 1.4793 or 1.4854 for a retracement towards 1.4732 - 1.4690 area.
USD-JPY	Current rise seems to be over near 97.7900 or 98.2600 for a retracement towards 97.3200 - 97.0100 area.
EUR-JPY	Currently uptrend should end around 131.2399 - 130.9000 area. A correction down to below 127.4800 is expected. A rise above 132.1800 will abort the expected correction.
EUR-CHF	A corrective/consolidation activity between 1.5028 and 1.5115 is likely for a while.
EUR-GBP	Strength can extend to 0.9002 or even higher than 0.9020 as declines are expected to find support at 0.8968 or 0.8951. A fall below 0.8916 could turn it bearish.
USD-CAD	Market should meet resistance at 1.2079. We expect then an extended move down to 1.1951 - 1.1868 area.
NZD-USD	Current rise seems to be over near 0.5754 or 0.5814 for a retracement towards 0.5694 - 0.5652 area.
AUD-USD	Current rise seems to be over near 0.7285 or 0.7364 for a retracement towards 0.7206 - 0.7160 area.
XAG-USD	Difficult to predict the next move. If first down it should hold 12.5900 or 12.5100 to 12.9200. If first up it should face resistance in 12.7950 - 12.9200 zone to 12.5100 zone.
XAU-USD	It may attempt a test higher to 900.5450 after which weakness may set it to a drift down to below 889.5333 limit.

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