Free Forex Alert

GBP/USD
Date: Thu, 24 January 2008 13:10:04
Resistance levels: 1.9700/1.9790/1.9830
Support levels: 1.9600/1.9460/1.9380

GBP/USD has broken above 1.9600 important up levels over the last trading sessions Above 1.9600-40 region may boost price directly towards 1.9790 key Resistance levels over the next couple of days on disappointing housing data from USA . First Resistance comes at 1.9700 On downside, if the numbers surprise the market , fall back towards 1.9600 later today may be seen and even 1.9460 over today and tomorrow

Strategy-neutral.

By Free Forex Alert

USD/JPY
Date: Thu, 24 January 2008 13:10:03
Resistance levels: 1.0950/1.1000/1.1060
Support levels: 1.0890/1.0830/1.0780

USD/CHF has fallen further below 1.0890 first target over the last trading sessions as it was suggested in our previous reports On downside, the break below 1.0950 unlocks territory for further downmove below 1.0890 and even 1.0830 bottom in mid term. On the upside, a break above 1.1000 Resistance again is needed for test towards 1.1100 First Resistance comes at 1.0950 previous Support

Strategy-neutral.

By Free Forex Alert

USD/JPY
Date: Thu, 24 January 2008 13:10:03
Resistance levels: 106.80/107.30/107.90
Support levels: 106.00/105.00/104.20

USD/JPY has tested 107.00 up range limit.and first Resistance in Asia No change in our view. The bias remains bearish for further downmove below 106.00 and even towards 104.20 in mid term as long as price remains below 107.90 key level On the upside, a break above 107.90 again is needed for reversal in the bias in longer term First Resistance comes at 106.80 In short term, stronger than expected US Housing data may lead price higher to 107.30 at least later today

Strategy-neutral.

By Free Forex Alert

EUR/JPY
Date: Thu, 24 January 2008 13:10:01
Resistance levels: 157.00/158.00/159.50
Support levels: 156.00/154.80/153.60

The Cross has hold above 154.60 first important Support earlier today, bouncing back towards 157.00-10 first up target area O the upside first short term target comes around 157.00. Beyond opens territory for further upmove towards 158.00 over the next couple of days. On dosnide, below 156.00 first immediate Support may turn price back to 154.80 daily lows and even 153.60 in mid term.

Strategy-neutral

By Free Forex Alert