Forex Daily Forecasts - Thursday, Sep 6th

From: Max McKegg - Technical Research Limited
Date: Sep 6, 2007 6:48 AM
Subject: My FX Forecasts for THURSDAY - SEPTEMBER 6th
To: TRL

To View Forecasts in PDF Form, Click on Attachment

My FX Forecasts for THURSDAY - SEPTEMBER 6th

. ** EURO/US DOLLAR - MEDIUM TERM VIEW **
August 27th,1.3670 - Having met mid 1.3600's target,Support now found at
1.3550/1.3500 for resumption of Uptrend toward 1.4000+ over coming weeks
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*** ** SUPPORTS ** *** *EURO/USD DAILY VIEW* SEPT.6th, 1.3650
Support /3640/3625/3610/ Euro's rallied nicely & with support now
** *** RESISTANCES *** ** about 1.3640/3625 looking for resumption
Resistance /3670/3685/3720/ of Uptrend onto 1.3720 enroute to 1.3850.
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. ** ASIAN UPDATE ** SEPT.6th, 1.3650
Buying Euro (Stop under 1.3610) for rally onto 1.3720,enroute to 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.6th, 2.0195
Support /0190/0160/0115/ Sterlings recovered well and with support
** *** RESISTANCES *** ** now at 2.0190/0160 looking for resumption
Resistance /0225/0265/0280/ of Uptrend onto 2.0280 enroute to 2.0400.
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. ** ASIAN UPDATE ** SEPT.6th, 2.0195
Support at 2.0190/0165 to yield next advance onto 2.0280,enroute 2.0400.
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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.6th, 115.10
Support /1500/1485/1450/ The Dollars broad corective consolidation
** *** RESISTANCES *** ** persists & support around 114.85,1450 max
Resistance /1545/1575/1600/ to yield recovery back toward mid 116.00s
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. ** ASIAN UPDATE ** SEPT.6th, 115.10
Looking for exhaustion around 114.85,mid 114.00's max.for rally twd 1600
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. ** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **
AUGUST 29th,1.2010 - The Dollar's sell-off appears merely corrective and
whilst now holding 1.1965,yields rally back toward Key 1.2215 Resistance
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*** ** SUPPORTS ** *** *USD/SWISS DAILY VIEW* SEPT.6th, 1.2040
Support /2025/1990/1965/ Whilst now holding near Support about 2025
** *** RESISTANCES *** ** opportunity for rally back toward Key 2100
Resistance /2050/2065/2100/ Else will threatend Key 1.1990/1965 Suport
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. ** ASIAN UPDATE ** SEPT.6th, 1.2035
Whilst holding near Suport around 2025 opportunity to rally back to 2100
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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.6th, .8210
Support /8200/8185/8150/ Having found support at .8200/8175 target
** *** RESISTANCES *** ** whilst now holding 8200/8185 yields rally
Resistance /8250/8265/8285/ above Key 8250/85 Resistance toward 8335+
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. ** ASIAN UPDATE ** SEPT.6th, .8210
Whilst holding .8200/8185 yields rally back to Key .8250/8285 Resistance
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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.6th, .6865
Support /6850/6820/6800/ Kiwis sell-off persists & Resistance now
** *** RESISTANCES *** ** at .6885/.6915 to extend decline toward
Resistance /6885/6915/6940/ the .6800 level.Only above 6920 reverses
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. ** ASIAN UPDATE ** SEPT.6th, .6865
Resistance at 6885/6915 probably contains to extend sell-off toward 6800
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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.