My FX Forecasts for APRIL 26th

** EURO/US DOLLAR - MEDIUM TERM VIEW **

APRIL 26th,1.3340 - Amidst persistent Bullish divergences,whilst holding
1.3200 looking for a broad corrective recovery toward the 1.3885 level.
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** ** SUPPORTS ** *** *EURO/USD DAILY UPDATE* April 26th, 1.3340
Support /3320/3300/3270/ After Fridays "false" downside break Euro
** *** RESISTANCES *** ** is likely to rally back toward the 1.3500
Resistance /3380/3400/3450/ level,enroute to the late 1.3600's region
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. *SHORT TERM CALL* April 26th, 1.3345
Looking for rally above 1.3380/1.3400 resistance onto 1.3450 then 1.3500
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Daily EUR / USD

Price
USD
B
1.6
c
5/ 1.56

1.5145
1.52
2/
3/ 1.48
1.4580
1.4335
1.44
4/
1/ a
1.4220 1.3815 1.4
1.3735 1.3690
1/
1.3835 1.36

4/
1.3440 1.32
1.3265
3/ b
5/ 1.28
1.2890

2/ 1.24
1.2460

b 1.2

1.16
.1234
16 02 16 02 16 01 16 01 18 01 16 01 16 03 17 01 16 01 16 02 16 01 16 01 18 01 16 01 16 01 16 03 17 01 16 01
Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010

** US DOLLAR/SWISS FRANC - MEDIUM TERM VIEW **

APRIL 26th,1.0750 - Dollar's probably undergoing a complex correction &
whilst 1.0800/1.0850 now contains looking for sell-off to 1.0450-1.0390.
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** ** SUPPORTS ** *** *USD/SWISS DAILY UPDATE* April 26, 1.0750
Support /0715/0660/0635/ After the Dollar rejection from 1.0850 on
** *** RESISTANCES *** ** Friday looking for resumption of broader
Resistance /0770/0810/0850/ corrective decline toward 1.0660 & 1.0600
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. *SHORT TERM CALL* April 26th, 1.0750
Looking for break below 1.0715 to yield sell-off toward the mid 1.0600's
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 2

** POUND STERLING/US DOLLAR - MEDIUM TERM VIEW **

APRIL 6th,1.5250 - Sterlings recovery from my 1.4800 target persists and
looking for corrective advance to extend toward 1.5900 over coming weeks
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** ** SUPPORTS ** *** *GBP/USD DAILY UPDATE* APRIL 26th, 1.5385
Support /5350/5335/5300/ After Friday's recovery from 5300 Support
** *** RESISTANCES *** ** level looking for the resumption of GBP's
Resistance /5400/5440/5525/ broad recovery toward 1.5440 & Key 1.5525
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. *SHORT TERM CALL* April 26th, 1.5385
Looking for rally above 1.5400 onto 1.5440 resistance,enroute to 1.5525.
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** US DOLLAR/JAPANESE YEN - MEDIUM TERM VIEW **

MARCH 25th 92.15 - Dollar's recovery extending toward 93.75 resistance &
once this cleared will herald advance toward Key 97.00,then onto 101.50.
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** ** SUPPORTS ** *** *USD/YEN DAILY UPDATE* APRIL 26th, 94.15
Support /9405/9390/9365/ The Dollar has rallied nicely and looking
** *** RESISTANCES *** ** for this advance to now extend toward the
Resistance /9435/9450/9480/ 94.80 level - enroute to the mid 95.00's
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. *SHORT TERM CALL* April 26th, 94.15
Looking for rally above 94.35 resistance toward the 94.80 resistance lvl
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** AUSTRALIAN DOLLAR/US DOLLAR - MEDIUM TERM VIEW **

APRIL 26th,.9250 - Ozzy's rallied nicely to .9390 and whilst now holding
.9215/.9175 support looking for Uptrend to extend toward the .9550 level
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** ** SUPPORTS ** *** *AUD/USD DAILY UPDATE* APRIL 26th, .9250
Support /9235/9215/9200/ Ozzy recovered well from 9175 on Friday &
** *** RESISTANCES *** ** expecting this minor reaction to give-way
Resistance /9280/9315/9340/ to rally onto Key .9340,enroute to .9405+
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. *SHORT TERM CALL* April 26th, .9255
Awaiting next leg of rally above 92.80 resistance toward the .9340 level
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** NEW ZEALAND DOLLAR/US DOLLAR - MEDIUM TERM VIEW **

April 7th,.7050 - Kiwi still lies within broad,complex correction.Whilst
now holding .7000/6965 looking for a recovery toward the low/mid .7300's
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** ** SUPPORTS ** *** *NZD/USD DAILY UPDATE* APRIL 26th, .7165
Support /7150/7135/7120/ Kiwi recovered well from the late .7000's
** *** RESISTANCES *** ** on Friday & looking for this recovery to
Resistance /7180/7195/7240/ extend onto Key .7195 enroute mid .7200's
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. *SHORT TERM CALL* April 26th, .7165
Looking for rally to the .7195 resistance level,enroute the mid .9200's.
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Disclaimer: Max McKegg & Technical Research Ltd accept no liability whatsoever for any
loss or damage that may result, directly or indirectly, from any forecast, comment or
opinion, information or omission, whether negligent or otherwise, within this forecast.