Forex Signals Live

. Bias:   If we see a pullback from 1.7535 it should remain below 1.7700-30 for final losses to 1.7421-44

******************************************* INTRA-DAY EUR/USD OUTLOOK :                1.4276 Updating time :05 Sep 2008 00:56 GMT Despite this morning’s cross-inspired selloff to 1.4212 (NZ), euro’s subsequent rebound suggests an intra-day low has been formed n minor correction of y’day’s decline to 1.4300/10 cannot be ruled out but 1.4330 shud cap upside n yield retreat later. Stand aside n sell on further recovery for day

——————————————————– INTRA-DAY EUR/USD OUTLOOK :             1.4509 Updating time : 04 Sep 2008 08:36 GMT Despite intra-day breach of 1.4529, lack of follow through buying n current retreat fm 1.4545 suggests temp. top is possibly made n consolidation with mild downside bias is seen for weakness to 1. 4485/90 but reckon 1.4440/45 wud hold. Abv said res wud extend erratic rise fm 1.4385 (y’day’s low) twds

DAILY FX FORECASTS FXDREAM EUR/USD Date: Thu, 4 September 2008 07:30:05 Resistance levels: 1.4500/1.4550/1.4620 Support levels: 1.4480/1.4410/1.4380 EUR/USD has reached new lows at 1.4380 yesterday, rebounding back towards 1.4550 key Resistance over the last trading sessions Today focus will be on ECB Interest Rate Decision at 11:45 GMT and especially Trichet Speech at 12:30 GMT It is widely expected ECB will leave the rate unchanged at 4.25% An upmove above 1.4550 key Resistance may recover

EURUSD The Euro recovered on yesterday after testing bids into the 1.4390 zone. Minor resistance is seen at 1.5430/40 and a sustained break should encourage further gains towards next barrier at 1.4590/00. Large moves across the board are possible today due to ECB’s rate decision. The downside remains on focus and the Euro may face fresh selling interest into the 1.4600 region, if reached later. On the downside, support emerges at 1.4470 backed by 1.4380/90. Longer term support is formed at

******************************************* INTRA-DAY EUR/USD OUTLOOK :                1.4514 Updating time :04 Sep 2008 03:51 GMT Although euro has rebounded after finding re- newed buying at 1.4470, abv res at 1.4529 is needed to extend the corrective rise fm y’day’s low at 1.4385 to 1.4548 n then 1.4570/80 b4 prospect of a retreat later. Stand aside n look to buy on pullback. Below 1.4470 wud risk 1.4440/50 b4 up… Range

———————————————————— INTRA-DAY USD/JPY OUTLOOK :                        108.09 Updating time :04 Sep 2008 02:21 GMT Active cross buying in yen has pressured dlr n further weakness to 107.93 is likely, however, a break below Monday’s low at 107.62 is needed to con firm recent decline fm 110.29 has finally resumed. Still favour selling on recovery

. Bias:   While 1.1040 supports I cautiously remain in favor for extension to 1.1237-75 which should cap

———————————————————— INTRA-DAY USD/JPY OUTLOOK :                        108.35 Updating time :03 Sep 2008 23:04 GMT Despite dlr’s recovery fm o/n NY 108.11 low, as y’day’s cross-inspired selloff suggests correction 107.62 has possibly ended earlier at 109.19, upside shud be ltd to 108.60/65 n bring another fall, be- low said sup wud extend

———————————————————— INTRA-DAY USD/JPY OUTLOOK :                        108.86 Updating time :03 Sep 2008 02:21 GMT As dlr has rebounded fm 108.43, suggesting the retreat fm y’day’s high at 109.19 has ended n abv minor res at 109.00/02 wud signal near term rise fm (Monday’s low) has resumed, bring re-test of said res n then twds 109.40/45. Buy on