FXDREAM EUR/USD
Date: Wed, 23 April 2008 12:30:05
Resistance levels: 1.6000/1.60401/1.6100
Support levels: 1.5930/1.5880/1.5830
EUR/USD has eased towards 1.5930 first Support earlier today on the absence of important fundamental news today after reaching new record highs beyond our target at 1.60 yesterday as it was suggested No change in our view. On the upside, the uptrend remains intact for further upmove towards 1.6040 and 1.6100 over the next trading sessions First Resistance comes near 1.60 On downside, first Support comes near 1.5930 level Below may cause pullback down towards 1.580 later today and 1.5830 key one over today and tomorrow
Strategy-neutral
FXDREAM GBP/USD
Date: Wed, 23 April 2008 12:30:04
Resistance levels: 1.9950/2.000/2.0050
Support levels: 1.9850/1.9750/1.9710
GBP/USD has fallen heavily back below 1.9850 Support earlier today after Bank of England Minutes from 10th of April The bias remains neutral currently and the break below 1.9850 may turn price back to 1.9750 previous bottom over the next trading sessions On the other side, a break above 1.9950 again is required to signal resuming the uptrend towards 2.0000 and 2.0050
Strategy-neutral.
FXDREAM USD/JPY
Date: Wed, 23 April 2008 12:30:03
Resistance levels: 103.60/104.60/106.30
Support levels: 102.80/102.20/101.70
USD/JPY has failed to break through 103.60 important Resistance, easing down below 102.80 important Support yesterday Below 102.80 may ease price further towards 101.70 key one over today and tomorrow On the other side, a break above 103.60 is required to signal reversal towards 104.60 highs and 106.30 in longer term In short term, as long as price holds above 102.80 , test of 103.60 is likely to be seen
Strategy-neutral.
FXDREAM USD/CHF
Date: Wed, 23 April 2008 12:30:02
Resistance levels: 1.0120/1.0200/1.0300
Support levels: 1.0040/1.0000/0.9960/0.9920
USD/CHF has squeezed above 1.0070 immediate Resistance earlier today The bias is neutral and on the upside, a break above 1.0120 again signals resuming the upmove towards 1.0200 and 1.0300 later this week. First Resistance stands at 1.0120 now On downside, first Support comes at 1.0040 Below eases price further to 0.9960 and 0.9920 over the next trading days
Strategy-neutral.
FXDREAM EUR/JPY
Date: Wed, 23 April 2008 12:30:01
Resistance levels: 165.00//165.30/166.60
Support levels: 164.30/164.00/163.30/162.70
The Cross has retested 165.00 yesterday highs , easing back to 164.30 first Support earlier today . No change in our view. The uptrend remains intact for test towards 165.30 in short term and 166.60-70 region in longer term First Resistance comes near 165.00 yesterday highs now On downside, first Support stands at 164.30 If it is broken , it may turn price back to 163.60 and 163.30 later today
Strategy-neutral.