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Waluty: Currency market commentary

30.10.2008 10:34 czwartek

Good morning. Herewith we would like to present our forecasts concerning the foreign exchange market.

EURUSD
There is a chance for a growth to 1,3250 in the morning hours, what may be followed by a drop to 1,2940 later on. In case of a rebound above 1,3290 attack on 1,3390/1,3440 is expected.

GBPUSD
The pair is seen in range 1,6440-1,6740. Below the lower limit falls to 1,6290/1,6320 are possible.

USDJPY
Gains to 99,60 we suggest using to open short positions. Expected range of the following decline is 97,30.

USDCHF
Range of trading for today we assess for 1,1330-1,1190. Drop below 1,1190 is likely to reach 1,1130/1,1090.

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