tag:blogger.com,1999:blog-73519771063708516682011-04-21T20:16:54.935-07:00kanz90http://www.blogger.com/profile/02432926935314270848noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-7351977106370851668.post-39881674554641065122008-01-17T04:33:00.001-08:002008-06-19T07:40:12.909-07:00<div align="center"><strong><span style="font-size:180%;color:#3366ff;">Daily Market Comments</span></strong></div><div align="center"></div><div align="center"><strong><span style="font-size:180%;color:#3366ff;"></span></strong></div><div align="left"><span style="font-size:130%;color:#3366ff;"></span></div><div align="left"><strong><span style="color:#3366ff;"></span></strong></div><span style="color:#3366ff;"><div align="left"><br /><strong><span style="font-size:180%;">Wednesday June 18, 2008</span><br /><br /><br /><br /><br />EUR-USD<br />One move lower to 1.5463 or 1.5416 is anticipated while below 1.5532 - 1.5555 area. Stop loss above 1.56 zone.<br />USD-CHF<br />Current fall is near an end of wave around 1.035 - 1.0414 zone, a rally should then procede to above 1.0438 or 1.0458. Fall below 1.0337 would cancel this scenario.<br />USD-JPY<br />It is likely to fall towards 107.18 unless a corrective rally breaks the 108.16 resistance. Stop above 108.35 zone.<br />GBP-USD<br />While below 1.9519 - 1.9579 it might drop to 1.9459 or below 1.935 zone.<br />EUR-CHF<br />Decline should be supported around 1.6123 - 1.6087 zone for rally to above 1.6235. A clear break of 1.6087 will damage this expected rally.<br />EUR-JPY<br />Decline should be supported around 167.05 - 166.69 zone for rally to above 168.19. A clear break of 166.69 will damage this expected rally.<br />EUR-GBP<br />Current upmove should continue up to 0.7963 or 0.8001. Any correction should find support in 0.7918 - 0.7899 zone.<br />AUD-USD<br />Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9462 or 0.9492 if support around 0.9427 hold. After which a pullback to 0.9427 - 0.9414 zone is possible.<br />USD-CAD<br />Current fall is near an end of wave around 1.0126 - 1.0145 zone, a rally should then procede to above 1.0218 or 1.0234. Fall below 1.0121 would cancel this scenario<br /></strong></span></div><p></p><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7351977106370851668-3988167455464106512?l=forexfree-kanz90.blogspot.com' alt='' /></div>kanz90http://www.blogger.com/profile/02432926935314270848noreply@blogger.com1