Free Forex Alert

EUR/USD
Date: Wed, 23 January 2008 13:10:05
Resistance levels: 1.4600/1.4680/1.4750
Support levels: 1.4500/1.4470/1.4360

EUR/USD has eased towards 1.4500 earlier today Further downmove to 1.4470 may be seen later today. Below eases price back to 1.4370-60 region over today and tomorrow. On the uspide, a break above 1.4600 first Resistance is needed for resuming the upmove towards 1.4700 .

Strategy-neutral.

By Free Forex Alert

GBP/USD
Date: Wed, 23 January 2008 13:10:04
Resistance levels: 1.9550/1.9600/1.9700
Support levels: 1.9440/1.9380/1.9330

GBP/USD has fallen below 1.9550 towards 1.9440 next Support earlier today after Bank of England Minutes The break below may reverse the bias and turn price back towards 1.9440 and 1.9330 yesterday bottom in mid term..On the upside, a break above 1.9700 is needed for reversal in the sentiment First important Resistance comes at 1.9600

Strategy-neutral.

By Free Forex Alert

USD/JPY
Date: Wed, 23 January 2008 13:10:03
Resistance levels: 106.00/106.60/107.00
Support levels: 105.00/104.20/103.70

USD/JPY has fallen to 105.00 our target earlier today as it was suggsted in our previous report No change in our view. The bias remains bearish for further downmove below 106.00 and even towards 104.20 in mid term On the upside, a break above 106.60 again is needed for reversal in the bias towards 107.30 First immediate Resistance comes at 106.00

Strategy-neutral.

By Free Forex Alert

Free Forex Alert

EUR/USD
Date: Tue, 22 January 2008 13:10:05
Resistance levels: 1.4600/1.4700/1.4750
Support levels: 1.4500/1.4470/1.4360

EUR/USD has reversed heavily towards 1.4600 earlier today after the fall towards 1.4360 our target in Asia No important fundamental news today The uptrend target comes at 1.4700 for today and tomorrow and 1.4750 in mid term On downside, first important Support comes around 1.4500 ahead of 1.4470 stronger one Look to buy on pullback for test towards 1.4700.

Strategy-neutral.

By Free Forex Alert

GBP/USD
Date: Tue, 22 January 2008 13:10:04
Resistance levels: 1.9600/1.9700/1.9780
Support levels: 1.9440/1.9380/1.9330

GBP/USD has rebounded sharply towards 1.9590-600 key Resistance area and our suggestion earlier today Next up targets come around 1.9690-1.9700 area and then 1.9780 On downside, first Support comes around 1.9450 . Below may reverse the bias and turn price back towards 1.9330 daily bottom..

Strategy-neutral.

By Free Forex Alert

USD/JPY
Date: Tue, 22 January 2008 13:10:03
Resistance levels: 107.00/107.50/108.00
Support levels: 106.00/105.00/104.20

USD/JPY has squeezed above 106.50 first Resistance over the last trading sessions No change in our view. The bias remains bearish for further downmove below 106.00 and even towards 104.20 in longer term Next target comes around 105.00 On the upside, there are chances for reversal towards 107.50 key Resistance First immediate Resistance comes at 107.00

Strategy-neutral.

By Free Forex Alert