Forex Analysis Today
March 31, 2008Monday March 31, 2008
EUR-USD
It may attempt a test higher to 1.5817 after which weakness may set it to a drift down to below 1.5744 limit.
GBP-USD
Market should pop up towards 2.0062 or 2.0180 this bullish scenario would be damaged if 1.9861 - 1.9860 zone is broken, a severe break down could then occur.
USD-JPY
There are initial signs of a good corrective recovery towards 99.82 or even 100.05. Supports at 99.17 and 98.76 zone.
USD-CHF
It is a triangle configuration . Market should break either side.Acceleration should occur above 0.9997 or under 0.9914 limits.
