FOREX COMMENTARY 24.08.2004:
Dreiser, Theodore Discussion Deck
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Dreiser, Theodore & FOREX COMMENTARY 24.08.2004
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Posted by PROFI-FOREX on August 24, 19104 at 10:36:07:
24.08.2004 (04:04am US Time)
[B]USD/JPY (CURRENT LEVEL 109.79)[/B] - STRONG RESISTANCE AT 110.60/80 REGION. SUPPORT 109.30/60. TODAY WE COULD TEST ABOVE-MENTIONED RESISTANCE. BREAK THIS REGION WILL OPEN THE WAY TO RISE ABOVE 111.00 REGION. FALL TOWARDS 109.00 REGION WILL OPEN THE WAY TO TEST 107.00 REGION.
[B]EUR/USD (CURRENT LEVEL 1.2148)[/B] - STRONG BUYING USD WHICH WE COULD SEE AT FRIDAY AND MONDAY PROBABLY DISCONT GOOD DATA FROM USA, WHICH WE WILL KNOW IN THIS WEEK. BREAK SUPPORT AT 1.2180 OPEN THE WAY TO TEST 1.2050 AND EVEN 1.1950 REGION. BROKEN YESTERDAY SUPPORT AT 1.2180/1.2200 REGION IS NOW RESISTANCE. PAY ATTENTION TO FRIDAY`S US DATA.
[B]USD/CHF (CURRENT LEVEL 1.2692)[/B] - THE NEAREST SUPPORT 1.2640. STRONG RESISTANCE 1.2715/25. IF WE BREAK THIS REGION WE SHOULD HAVE POSIBILITY TO RISE TOWARDS 1.2840.
[B]GBP/USD (CURRENT LEVEL 1.8062)[/B] - RESISTANCE 1.8120. AT THIS REGION WE COULD EXPECT NEW SELLERS GBP. WE SHOULD FIND SUPPORT AT 1.7975/1.8020 REGION.
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