Forex News and Historical market comments
December 3, 2008.
| EUR-USD |
It should trade higher to 1.2799 while 1.2681 or 1.2638 offers support. Stop loss below 1.2595 zone. |
| USD-CHF |
It should test 1.2098 area after which a sell off down to 1.2007 or extended to 1.195 area is expected. |
| GBP-USD |
It may meet resistance in 1.4917 - 1.4921 zone for a drift down to below 1.4628 zone. |
| USD-JPY |
It may meet resistance in 93.18 - 93.21 zone for a drift down to below 92.03 zone. |
| EUR-JPY |
It should test 119.38 area after which a sell off down to 116.86 or extended to 115.26 area is expected. |
| EUR-CHF |
It may attempt a test higher to 1.5349 after which weakness may set it to a drift down to below 1.5213 limit. |
| EUR-GBP |
One move lower to 0.8457 or 0.8392 is anticipated while below 0.8537 - 0.8569 area. Stop loss above 0.8616 zone. |
| AUD-USD |
It should test 0.6452 area after which a sell off down to 0.6343 or extended to 0.6258 area is expected. |
| NZD-USD |
Is expected to fall lower than 0.5202. Entry sell point are at 0.5337 or 0.5366 . Stop loss above 0.5366. |
| USD-CAD |
It is a triangle configuration. Market should break either side. Acceleration should occur above 1.2583 or under 1.2382 limits. |
| XAG-USD |
It should test 9.7 area after which a sell off down to 9.2333 or extended to 8.9267 area is expected. |
| XAU-USD |
Is expected to fall lower than 752.7401. Entry sell point are at 784.685 or 792.03 . Stop loss above 792.03. |
Kindly provided by Realtime Forex.
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