Good morning Forex fellows!
here is
Forex technical overview

EUR-USD => Today aiming at 1.4832 and even higher. Support at 1.4747 - 1.4722 should hold all tests.

GBP-USD => Will most likely be watching a consolidation between 1.9751 and 1.9908 points.

USD-CHF => Expecting a rise from 1.0883 - 1.0893 to 1.0949. Stops slightly below 1.0816.

USD-JPY => One more test of 107.64 is expected. Later a dip towards 106.25 or even to 105.61 should take place.

EUR-JPY => 158.12 level can be tested. Later expect a decline towards 156.30.

EUR-GBP => Expecting dips to 0.7407 and even 0.7365. Resistance at 0.7497 should hold all upwards attempts. Breaking above 0.7488 is in favor of buyers.

EUR-CHF => Further sell off to 1.6050 or even 1.5998 is expected. Resistance at 1.6154 should hold all pullbacks. Breaking above 1.61515 calls bulls into action.

AUD-USD => Today’s target is going to be set at 0.8933 or higher. Support at 0.8850 - 0.8829 is expected to hold all dips.

USD-CAD => Watching for a race from under 1.0023 level or above 1.0119 level.

GBP/JPY => Long term objectives are for rising Pound. Current resistance level 212.20 needs to be broken in order to confirm early upward intentions.

Forex fundamentals todays

USD 8:30 AM EST Durable Goods Orders
USD 10:00 AM EST Consumer Confidence
JPY 7:50 PM EST Industrial Production

Profitable Forex trading!

This entry was posted on Tuesday, January 29th, 2008 at 1:56 am and is filed under Daily market comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.