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USD should show some strength this week. Gold will remain on the

strong side, but should not climb as rapidly as before; buy on dip

mode.

 

USD/CHF: If current bottom holds and we don't see 2590 before 10 Feb,

we'll run up to 3040. If the opposite happens, the price should fall

to the 2490 area.

 

The technical side of things will start to kick in this week and

fundamentally, positions should start to be in favour of USD to take

advantage of the overnight lending rate differential.

 

 

Best regards,

 

Vyas Munidas

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USD should stay on the bid overall. I forsee tomorrow being positve

for it as well. Gold remains in buy-on-dip mode - a narrow range at

that.

 

SWISSY faces resistance at 2720 and above that is the 2790 region.

First lvl support is 2650ish. I'd like to see EURO touch the lower

edge of the support band 2165/2200. GL and GT

 

 

Best regards,

 

Vyas Munidas

 

 

 

SAMVA , " vyasmunidas " <munidas@r...> wrote:

>

>

> USD should show some strength this week. Gold will remain on the

> strong side, but should not climb as rapidly as before; buy on dip

> mode.

>

> USD/CHF: If current bottom holds and we don't see 2590 before 10

Feb,

> we'll run up to 3040. If the opposite happens, the price should

fall

> to the 2490 area.

>

> The technical side of things will start to kick in this week and

> fundamentally, positions should start to be in favour of USD to

take

> advantage of the overnight lending rate differential.

>

>

> Best regards,

>

> Vyas Munidas

>

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