Monday February 26, 2007
EUR-USD
1.3166. A corrective/consolidation activity between 1.3116 and 1.3237 is likely for a while.
USD-CHF
1.2326. Market should meet resistance at 1.2344. We expect then an extended move down to 1.2309 -1.2272 area.
USD-JPY
121.07. While below 121.21 - 121.35 it might drop to 120.79 or below 120.51 zone.
GBP-USD
1.9634. Currently uptrend should end around 1.9664 - 1.9678 area. A correction down to below 1.9563 is expected. A rise above 1.9723 will abort the expected correction.
EUR-USD
1.3166. A corrective/consolidation activity between 1.3116 and 1.3237 is likely for a while.
USD-CHF
1.2326. Market should meet resistance at 1.2344. We expect then an extended move down to 1.2309 -1.2272 area.
USD-JPY
121.07. While below 121.21 - 121.35 it might drop to 120.79 or below 120.51 zone.
GBP-USD
1.9634. Currently uptrend should end around 1.9664 - 1.9678 area. A correction down to below 1.9563 is expected. A rise above 1.9723 will abort the expected correction.