Forex Daily Forecasts - Friday, Sep 7th

From: Max McKegg - Technical Research Limited
Date: Sep 7, 2007 12:19 PM
Subject: My LATEST FX Forecasts for SEPTEMBER 7th
To: surachaitung@gmail.com

To View Forecasts in PDF Form, Click on Attachment

My FX Forecasts for FRIDAY - SEPTEMBER 7th



. ** EURO/US DOLLAR - MEDIUM TERM VIEW **
August 27th,1.3670 - Having met mid 1.3600's target,Support now found at
mid 1.3500 's for resumption of Uptrend toward 1.4000+ over coming weeks.
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*** ** SUPPORTS ** *** *EURO/USD DAILY VIEW* SEPT.7th, 1.3690
Support /3640/3615/3590/ The Euro has rallied nicely and Suport is
** *** RESISTANCES *** ** now about the 1.3640 level for resumption
Resistance /3695/3710/3750/ of Uptrend onto 1.3850+ over coming days.
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. * EUROPEAN UPDATE * SEPT.7th, 1.3670
Buying Euro about 1.3640,Stop under 1.3600,for next rally toward 1.3850.
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. ** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **
August 27th,2.0135 - Having met 2.0100 target level,Support is now about
the mid 1.9900s for resumption of Uptrend to the 2.0650 Resistance level
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*** ** SUPPORTS ** *** *GBP/USD DAILY VIEW* SEPT.7th, 2.0245
Support /0185/0150/0130/ Sterling rallying nicely & Support is now
** *** RESISTANCES *** ** around mid 2.0100's,to yield a resumption
Resistance /0235/0265/0300/ of Uptrend onto 2.0400+ over coming days.
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. * EUROPEAN UPDATE * SEPT.7th, 2.0210
Buying Sterling about 2.0155/0140,Stop under 2.0100 ,for rally twd 2.0400
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. ** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
SEPT.7th,1.2010 - Dollar probably now finds Resistance at 1.2065/2100 to
yield sell-off toward 1.1820 Support level,lower extending toward 1.1570
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*** ** SUPPORTS ** *** *USD/SWISS DAILY VIEW* SEPT.7th, 1.2010
Support /2010/1990/1965/ Whilst now holding 1.1990,1965 max.yields
** *** RESISTANCES *** ** corective recovery back toward 1.2065/2100
Resistance /2050/2065/2100/ Resistance,before next sell-off to 1.1900.
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. * EUROPEAN UPDATE * SEPT.7th, 1.2025
Looking for corrective recovery twd 2065,2090 max.before decline resumes
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. ** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **
August 27th,116.35 - Having met my mid 116.00s target,whilst now finding
Support about 113.70 recovery extends toward the 119.50 Resistance level
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*** ** SUPPORTS ** *** *USD/YEN DAILY VIEW* SEPT.7th, 115.35
Support /1500/1480/1450/ Dollars recovered well from 114.85 target
** *** RESISTANCES *** ** & whilst now holding 115.00/114.80 yields
Resistance /1545/1570/1600/ rally toward 116.00 level,then Key 116.50
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. * EUROPEAN UPDATE * SEPT.7th, 115.05
Whilst holding 114.80,rallies back above 115.45/115.70 to target 116.00+
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. ** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
August 28th,.8265 - The Ozzy's recovery persists and after a correction,
will probably extend to the .8660/8720 Resistance area over coming weeks
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*** ** SUPPORTS ** *** *AUD/USD DAILY VIEW* SEPT.7th , .8290
Support /8260/8245/8225/ Ozzys rallied nicely & Support now around
** *** RESISTANCES *** ** the mid 8200's to extend advance onto the
Resistance /8300/8335/8360/ 8360 level,enroute 8400+ over coming days
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. * EUROPEAN UPDATE * SEPT.7th, .8275
Support around the mid .8200's to extend advance beyond 8300 - onto 8360
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. ** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **
August 27th,.7225 - The Kiwi's recovery persists and after a correction,
will probably extend toward the .7500 level Resistance over coming weeks
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*** ** SUPPORTS ** *** *NZD/USD DAILY VIEW* SEPT.7th , .6925
Support /6900/6880/6835/ Kiwi has recovered well & support is now
** *** RESISTANCES *** ** about .6900/.6880 to yield a test of Key
Resistance /6935/6970/6985/ 6970/6985 Resistance.Once cleared - 7100
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. * EUROPEAN UPDATE * SEPT.7th, .6915
Looking for rally beyond .6935 onto the Key .6970/.6985 Resistance area.
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Disclaimer: Max McKegg & Technical Research Ltd accept no liability
for any loss 81 damage that may directly or indirectly result from
any advice, opinion, information or omission whether negligent or
otherwise, contained in this report.