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Waluty: Currency market commentary

19.11.2008 11:04 ¶roda

Good morning. With great pleasure we would like to present our currency market forecasts for today.


EURUSD
Rises to 1,2690 should be used to open short positions. We forecast another fall to 1,2560 area and afterwards to 1,2440. Only the return above 1,2740 will susped this scenario.


USDJPY
Range of trading for today is between  96,10-97,80. Lower limit of today's range is a good point to open long positions.


USDCHF
In our opinion latest growths will begin to lose their dynamics.  However levels around  1,1980/1,2000 should be used to open long positions due to expected rise towards 1,2060 and 1,2200 later on.


GBPUSD
Range 1,4840 – 1,5060. Rebound above the upper level  will lead to the test of 1,5220
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