[ADUNBS FX]

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Review for the 17-th of January 2007

Details of the day
a zigzag downwards is punctured, means that there is the 1-st sign of ZIFRAS on h1 at GBP and EUR

Axel
Eur/usd usd/jpy gbp/usd usd/chf
3 res 1.3019 121.50 1.9748 1.2550
2 res 1.3000 121.11 1.9722 1.2530
1 res 1.2972 120.74 1.9679 1.2500
Pivot* 1.2927 120.74 1.9626 1.2483
1 sup 1.2908 120.47 1.9592 1.2446
2 sup 1.2865 120.00 1.9555 1.2410
3sup 1.2858 119.68 1.9487 1.2398

Europe
a) downwards - a deep correction.
Conditions - at least ZIFRAS on m5
as max - puncture of the yesterdays min.

In such case (if the 1-st Axel's res withstands) one of the nearest targert will be (crossing of grids below)1.9540 =
* 162% from the 2-d wave =
* $1.9535/30 bids of average volume
* 38% 1.9260-1.9705
* 2-d Axel's sup 1.9555

EUR -
* 1.2807 = yesterday's min = zigzag downwards on h1
* $1.2865 considerable bids/Friday's min (puncture or not puncture of this level will make an impact on fall of GBP

b) puncture of the yesterday's max by GBP, EUR - ZIFRAS upwards on h4

* intermediate 1 res is $1.9670/80 - offers of average volume
* main res is the 2-d one - $1.9700/10 considerable offers/stops beyond $1.9720 = calculations of the variant A are canselled



America

The narrowest flat is at
* EUR 1.2904-40 (h1)
* AUD 0.7846-70 (38-50% D1)

* GBP - $1.9720 - stops are beyond $1.9720
* EUR 1.2950 = 162% from the second wave, that I've written above on m15