FX Forecasts for MONDAY - JULY 30th

From: Max McKegg - Technical Research Limited <max.mckegg@trl.co.nz>
Date: Jul 30, 2007 12:09 PM
Subject: My LATEST FX Forecasts for JULY 30th
To: TRL <max.mckegg@trl.co.nz>

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My FX Forecasts for MONDAY - JULY 30th

. ** EURO/US DOLLAR - MEDIUM TERM VIEW **
JULY 26th,1.3725 - Euro is undergoing correction and whilst now finding
Suport around the 1.3600 level,yields resumption of Uptrend onto 1.4000+
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*** ** SUPPORTS ** *** *EURO/USD DAILY VIEW* July 30th, 1.3620
Support /3605/3570/3520/ Euro's sold-off as anticipated and whilst
** *** RESISTANCES *** ** now finding suport about the 1.3600 level
Resistance /3665/3690/3715/ yields RVSL,for rally back toward 1.3700+
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. ** EUROPEAN UPDATE ** July 30th, 1.3635
Staying Bullish (Stop now under 1.3605) for rally toward Key 1.3690/3715
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. ** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **
JULY 16th,2.0340 - Sterlings rallied nicely & Suport probably next found
around the 2.0200 level to yield the resumption of Uptrend toward 2.1000
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*** ** SUPPORTS ** *** *GBP/USD DAILY VIEW* July 30th, 2.0200
Support /0210/0185/0100/ Sterlings sold-off as expected and whilst
** *** RESISTANCES *** ** today finding support about 2.0200/2.0185
Resistance /0280/0315/0350/ yields RVSL,for rally back toward 2.0350+
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. ** EUROPEAN UPDATE ** July 30th, 2.0240
Staying Bullish (Stop now under 2.0185) for rally toward the 1.0350 lvl.
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. ** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **
JULY 23rd,121.70 - Dollar's advance has faltered & Resistance now around
122.00,122.60 max.to yield sell-off back toward the 118.00 Support level
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*** ** SUPPORTS ** *** *USD/YEN DAILY VIEW* July 30th, 118.45
Support /1830/1805/1760/ Dollars corrective consolidation persists
** *** RESISTANCES *** ** whilst now holding Support around 118.00,
Resistance /1875/1900/1930/ yields rally back to 119.00/30 Resistance
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. ** EUROPEAN UPDATE ** July 30th, 118.55
Whilst now holding 118.30/118.05 still looking for recovery to 119.00/30
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. ** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
JULY 30th,1.2085 - Whilst Resistance at mid 1.2100s contains,opportunity
for test/break of Key 1960 Support.Otherwise beyond 2150/65 targets 2380
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*** ** SUPPORTS ** *** *USD/SWISS DAILY VIEW* July 30th, 1.2095
Support /2055/2025/1990/ Dollar has rallied to my 1.2100/20 target
** *** RESISTANCES *** ** Resistance at 2100/20,2150 max.is now Key
Resistance /2100/2120/2150/ to Dollar's next significant trend move.
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. ** EUROPEAN UPDATE ** July 30th, 1.2075
Indicators are mixed and Waiting for the next clear trading opportunity.
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. ** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
JULY 30th,.8505 - Ozzys corrective sell-off probably finds Suport around
the mid .8400's to yield Reversal,for resumption of Uptrend toward .9300
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*** ** SUPPORTS ** *** *AUD/USD DAILY VIEW* July 30th, .8505
Support /8490/8470/8445/ The Ozzys corective sell-off persists But
** *** RESISTANCES *** ** whilst finding support around mid .8400's
Resistance /8535/8560/8600/ yields a RVSL,for rally back toward 8600+
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. ** EUROPEAN UPDATE ** July 30th, .8500
Staying Bullish (with Stop loss now under .8470) for rally toward .8600+
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. ** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
JULY 30th,.7625 - Kiwis corrective sell-off probably finds Support about
.7600/.7570 to yield Reversal,for the resumption of Uptrend toward .8400
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*** ** SUPPORTS ** *** *NZD/USD DAILY VIEW* July 30th, .7625
Support /7600/7585/7560/ The Kiwis corective sell-off persists But
** *** RESISTANCES *** ** whilst finding support around mid .7500's
Resistance /7645/7690/7725/ yields a RVSL,for rally back toward 7700+
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. ** EUROPEAN UPDATE ** July 30th, .7615
Staying Bullish (with Stop loss now under .7560) for rally toward .7700+
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Disclaimer: Max McKegg & Technical Research Ltd accept no liability
for any loss or damage that may directly or indirectly result from
any advice, opinion, information or omission whether negligent or
otherwise, contained in this report.