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Thread: Usd/CHF, USDJPY

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    Default Usd/CHF, USDJPY


    If U think this is helpful plz reply, and if u find i can do something more plz advice me

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    Usd/jpy


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    Last edited by Hamzanajam; 11-11-2008 at 02:42 PM.

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    EUR/USD

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    GBP/USD

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    THIS ALL DATA HAS BEEN TAKEN FROM A WEBSITE, THERE IS NO guarntee of accuracy

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    EURO/USD Daily - Evening Session - GMTBy: Forexpros (Jason Alan Jankovsky)



    Rate drops back in thin conditions; resistance is sold but large names on the dips traders say; Russians possibly buying on the dips. Aggressive traders can buy the next dip under the 1.2700 handle; lows around the 1.2680 area on technical support. Traders note large stops at the 1.2950 area with more over 1.3000 but offers likely to cap on first try if a bounce from potential pennant bottom holds. Bids on dips from profit-taking shorts some desks report. Rate possibly getting spillover effect from GBP and vice-versa suggesting both pairs may track each other near-term. Support also from cross-spreaders as they unwind Yen. Official interest noted traders say. Rate is an absolute screaming buy in my view—I can’t see further weakness being ignored by the buyers. Traders note the rate is finding profit-taking bids on dips so far despite the uncertainty in the market.
    Data due Wednesday: All times EASTERN (-5 GMT)

    5:00am EUR Industrial Production m/m
    1:00pm EUR ECB President Trichet Speaks

    Resistance 3: 1.3200/10
    Resistance 2: 1.3150
    Resistance 1: 1.3030
    Latest New York: 1.2724
    Support 1: 1.2680
    Support 2: 1.2550
    Support 3: 1.2480

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