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Technical analysis >  FOREX COMMENTARY 28.09.2004
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*profi-forex*



Joined: 10 Apr 1980
Posts: 0

PostPosted: Mon Sep 27, 2004 10:25 am    Post subject: quote

TODAY DATA: (28.09.2004)

GBP

04:30am - Total Business Investment q/q prev. 1,9%/b>

04:30am - Total Business Investment y/y prev. 7,2%/b>

USD

100am - Consumer Confidence prev. 98,2 for. 100

07:30pm - Fed`s Bies speaks on accounting challenges

JPY

07:50pm - Large Retailers` Sales prev. -1,5% for. -2,6%

07:50pm - Retail Trade y/y prev. 0,8% for. -1,2%

07:50pm - Retail Trade m/m prev. 0,7% for. 0,2%




------------------------------------------------------------------------


28.09.2004 (05:27am US TIME)


USD/JPY (CURRENT LEVEL 111,4 - AS WE EXPECTED YESTERDAY BULLS TODAY TESTED 111,70 REGION, FROM THIS LEVEL WE COULD BE WITNESSES CORRECTION TOWARDS 111,00/30. NEXT TARGET SHOULD BE 112,40/50 AND LATER EVEN 114,80/115,00 .

EUR/USD (CURRENT LEVEL 1,2305) - WE STILL STAY IN CONSOLIDATION 1,2200 - 1,2350. OUR PROPOSE IS WATCHING THIS MARKET CAREFULLY AT THIS MOMENT.

USD/CHF (CURRENT LEVEL 1,260 - YESTERDAY BULLS COULDN`T BREAK 1,2650/60 THATS WHY COURSE FALL BELOW 1,2600 FINDING SUPPORT AT 1,2570/80 REGION. WATCH MARKET CAREFULLY.

GBP/USD (CURRENT LEVEL 1,8127) - AS WE EXPECTED YESTERDAY GBP AFTER BREAKING DOWN TREND LINE TESTED TODAY 1,8130 REGION. BREAKINGTHROUGH THIS REGION WILL OPEN THE WAY TOWARDS 1,8150/80.
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