Daily Market Comments - Monday 30 November 2009

[RTFX-Trading]

EUR-USD	It should try higher up to 1.4993 - 1.5049. Entry point 1.4938 or 1.4898. After this rise, a correction is expected.
USD-CHF	Resistances lie around 1.0115 and 1.0145. It should test lower towards 0.9995 zone. A clear break of 0.9960 would be bearish.
GBP-USD	It should try higher up to 1.6501 - 1.6578. Entry point 1.6425 or 1.6371. After this rise, a correction is expected.
USD-JPY	Market should hold major support at 84.7295 before rising towards 87.4500 or even 88.3300 limit.
USD-CAD	Should test support at 1.0550 while below 1.0615. If support at 1.0550 holds it can rise up to 1.0714, if not it should fall to below 1.0486 zone.
NZD-USD	It should try higher up to 0.7132 - 0.7167. Entry point 0.7097 or 0.7062. After this rise, a correction is expected.
AUD-USD	It should try higher up to 0.9107 - 0.9161. Entry point 0.9053 or 0.9011. After this rise, a correction is expected.
EUR-JPY	It should try higher up to 129.8750 - 130.8733. Entry point 128.8767 or 128.2350. After this rise, a correction is expected.
EUR-CHF	Our preferred outlook is for a drift down to 1.5027 or below 1.5005. Resistances are at 1.5050 and 1.5063. A rise above 1.5085 would delay but not abort this expected fall.
EUR-GBP	It looks more likely that it would rise to 0.9127 - 0.9167 from 0.9073 or 0.9053. After which a downside move is expected.
EUR-CAD	There are initial signs of a good corrective recovery towards 1.5950 or even 1.5983. Supports at 1.5870 and 1.5823 zone.
EUR-NZD	Should test support at 2.0932 while below 2.1089. If support at 2.0932 holds it can rise up to 2.1262, if not it should fall to below 2.0775 zone.
EUR-AUD	Should test support at 1.6400 while below 1.6492. If support at 1.6400 holds it can rise up to 1.6607, if not it should fall to below 1.6309 zone.
GBP-CHF	Market should hold major support at 1.6481 before rising towards 1.6637 or even 1.6712 limit.
GBP-JPY	Market should hold major support at 137.6401 before rising towards 144.3133 or even 146.0166 limit.
GBP-CAD	While above 1.7448 - 1.7390 zone a corrective dip could test 1.7507 or 1.7604. After which it should resume his downtrend.
GBP-AUD	Should test support at 1.8059 while below 1.8150. If support at 1.8059 holds it can rise up to 1.8251, if not it should fall to below 1.7969 zone.
CAD-JPY	It should try higher up to 81.7000 - 82.2900. Entry point 81.1100 or 80.7400. After this rise, a correction is expected.
NZD-JPY	It should try higher up to 61.7450 - 62.3633. Entry point 61.1267 or 60.6650. After this rise, a correction is expected.
AUD-JPY	It should try higher up to 78.8500 - 79.6100. Entry point 78.0900 or 77.5700. After this rise, a correction is expected.
XAG-USD	It should test 18.5600 area after which a sell off down to 17.7667 or extended to 17.2333 area is expected.
XAU-USD	It should test 1201.8501 area after which a sell off down to 1145.8500 or extended to 1090.8999 area is expected.

Trading Desk, RTFX Ltd
16th September SquareMosta, MST 1180Malta
Tel: +356 23 310 000 | Fax: +356 21 412 458

RTFX Ltd is licensed to conduct investment services business by the Malta Financial Services Authority. This information does not constitute an offer or solicitation and is provided for information purposes only. This information shall not be deemed to constitute advice and should not be relied on as such to enter into a transaction or for any investment decision. Any opinions expressed in this document represent the views of RTFX Ltd at the time of preparation. They are thus subject to change without notice. RTFX Ltd believes that the information contained herein is accurate as at the date of publication. However, no warranty of accuracy is given by RTFX Ltd and no liability in respect of any errors or omissions, including any third party liability, are accepted by RTFX Ltd or any director, officer or employees.