2
** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **
JANUARY 7th,88.10 - The
Dollars rallied as anticipated these past months
and looking for Uptrend to
extend onto the 92.40 level over coming weeks
------------------------------------------------------------------------
. *USD/JPY DAILY UPDATE* JAN.21st, 90.20
*** DAILY SUPPORTS
*** The Dollar's
rallied very nicely from my
Support /9000/8965/8925/
*** DAILY
RESISTANCES ***
corrective target of the
low 89.00's and still looking for this
advance to extend
Resistance /9060/9100/9150/ toward my Upside Objective at 91.50/91.65
------------------------------------------------------------------------
** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **
JAN.21st,1.5855 - GBP's
sell-off from 1.6380 peak persists & resistance at 1.5925/1.5950 prob.now caps extending decline toward 1.5700
& 1.5580.
------------------------------------------------------------------------
. *GBP/USD
DAILY UPDATE* JAN.21st,
1.5855
*** DAILY SUPPORTS
*** Sterling's deline
persists and resistance Support /5830/5785/5715/ at 1.5885/1.5915 (the mid 1.5900's
max.)
*** DAILY RESISTANCES *** now contains for sell-off toward targets Resistance /5885/5915/5940/ at 1.5790 and then 1.5720.
------------------------------------------------------------------------
** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
JAN.18th,.9320 - Dollar's
recovery persists & support now around the mid 92.00's to extend advance onto mathematical resistance at .9470
- .9515.
------------------------------------------------------------------------
. *USD/SWISS
DAILY UPDATE* JAN.21st, .9345
*** DAILY
SUPPORTS *** Dollar's recovery appears
"heavy".Whilst
/9310/9270/9245/ .9360/9390
now caps,risk is for sell-off
*** DAILY RESISTANCES *** back toward Support around the mid 9200's Resistance /9360/9380/9440/
------------------------------------------------------------------------
** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
JANUARY 7th,1.0475 - Aussie's broad,contracting corrective
consolidation
persists.Support at 1.0400 now Key for rally beyond 1.0625
toward 1.1080
------------------------------------------------------------------------
*AUD/USD DAILY UPDATE*
JAN.21st, 1.0500
Ozzy has completed a
requisite corrective structure.Looking for rally
above 1.0530 to encourage test of 1.0555 then another assault upon Key 1.0625.
Support /0485/0470/0450/
*** DAILY
RESISTANCES ***
Resistance /0530/0580/0600/
------------------------------------------------------------------------
** NEW ZEALAND
DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
JANUARY 7th,.8310 - The Kiwi's upside momentum has stalled
& Support at
.8215 is now pivotal for rally beyond Key .8475 Resistance
toward .8840.
------------------------------------------------------------------------
. *NZD/USD
DAILY UPDATE* JAN.21st, .8360
*** DAILY
SUPPORTS *** Kiwi has completed a requisite
corrective
/8350/8335/8310/ structure
& looking for rally above .8400
*** DAILY
RESISTANCES ***
to encourage another assault on Key .8475
Resistance /8385/8400/8420/
------------------------------------------------------------------------
Disclaimer: Max McKegg
& Technical Research Ltd accept no liability whatsoever for any loss or damage that may result, directly or indirectly, from any
forecast, comment or opinion, information or omission, whether negligent or otherwise, within
this report.