Showing posts with label Comment. Show all posts
Showing posts with label Comment. Show all posts

Wednesday, March 14, 2012

Daily Market Comment - 26 February 2008

AppId is over the quota
AppId is over the quota

Daily Market Comment


1.4830. It should be subject to more sell off towards 1.4802 or 1.4774. Corrective upward swings should face resistance around 1.4851 area. A break of 1.48615 is bullish. 1.0894. Current upmove should continue up to 1.0932 or 1.097. Any correction should find support in 1.0892 - 1.0873 zone. 108.06. Current upmove should continue up to 1.0932 or 1.097. Any correction should find support in 1.0892 - 1.0873 zone. 1.9672. Current upmove should be over between1.9687 and 1.9663. A correction down to 1.9578 is anticipated. A break of 1.9710 is bullish. 1.6155. Current rise seems to be over near 1.6166 or 1.6189 for a retracement towards 1.6143 - 1.6127 area. 160.27. Current rise seems to be over near 160.34 or 160.81 for a retracement towards 159.87 - 159.60 area. 0.7538. One more dip to 0.7523 or 0.7508 is likely followed by a grind higher to above 0.7547 or 0.7570. After which it can resume its downtrend. 0.9270. Currently uptrend should end around 0.9298 - 0.9290 area. A correction down to below 0.9233 is expected. A rise above 0.9310 will abort the expected correction. 0.9962. Market should meet resistance at 1.0013. We expect then an extended move down to 0.9909 -0.9808 area.


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Daily Market Comment - 25 February 2008

AppId is over the quota
AppId is over the quota

Daily Market Comment


1.4831. One move lower to 1.4792 or 1.4752 is anticipated while below 1.4847 - 1.4867 area. Stop loss above 1.4902 zone. 1.0849. It may meet resistance in 1.0849 - 1.0868 zone for a drift down to 1.0793 zone, after which bounce to 1.0884 is anticipated. 107.21. Market should hold major support at 106.36 before rising towards 107.61 or even 108.01 limit. 1.9671. One move lower to 1.9618 or 1.9564 is anticipated while below 1.9690 - 1.9717 area. Stop loss above 1.9762 zone. 1.6091. It should register further gains to 1.6151 while 1.6049 caps downside attempts. Stop loss below 1.6006 zone. 159.01. Market should hold major support at 158.32 before rising towards 159.47 or even 159.94 limit. 0.7540. It should test higher than 0.7554. Entry point are at 0.7532 and 0.7524. A break of 0.7509 is bearish. 0.9234. Uptrend is still intact in a triangle configuration. It should continue to rally to 0.9254 or 0.9298 if support around 0.9219 hold. After which a pullback to 0.9219 - 0.9203 zone is possible. 1.0122. It looks set for gains to above 1.0169. Supports at 1.0098 and 1.0121. A break of 1.0074 will damage this bullish structure.


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Daily Market Comment - 21 February 2008

AppId is over the quota
AppId is over the quota

Daily Market Comment


1.4715. It should trade higher to above 1.4759 while 1.4687 offer support. Minor support at 1.4665. Stop Loss below 1.4570 zone. 1.0996. Market looks set for gains towards 1.1036 or above in extension. Dips should find support at 1.0986 - 1.0966 zone. 108.12. It looks set for gains to above 108.50. Supports at 107.80 and 107.99. A break of 107.60 will damage this bullish structure. 1.9418. Current fall is near an end of wave around 1.9331 - 1.9389 zone, a rally should then procede to above 1.9461 or 1.9493. Fall below 1.9287 would cancel this scenario. 1.6180. Market looks set for gains towards 1.6211 or above in extension. Dips should find support at 1.6152 - 1.6136 zone. 159.09. Corrective dips should ideally halt near 158.69 or 158.4 for one more thrust upwards towards 159.18 - 159.68 area or 160.26 in extention. Fall below 158.11 puts it back on a downward path. 0.9183. It should be subject to more sell off towards 0.9126 or 0.9069. Corrective upward swings should face resistance around 0.9225 area. A break of 0.9248 is bullish. 1.0129. There are initial signs of a good corrective recovery towards 1.0164 or even 1.0183. Supports at 1.0118 and 1.0090 zone.


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