FXDREAM EUR/USD
Date: Fri, 14 December 2007 13:10:05
Resistance levels: 1.4520/1.4580/1.4670
Support levels: 1.4430/1.4370/1.4320
EUR/USD has dropped sharply down below 1.4520-15 our target area earlier today as US Core Consumer Price Index came out better than expected .The bias is bearish with next target at 1.4370 maybe next week and even 1.4300 On the other side, first important Resistance comes at 1.4520, however , a break abive 1.4580 is needed for reversal back towards 1.4670.
Strategy-neutral.

FXDREAM GBP/USD
Date: Fri, 14 December 2007 13:10:04
Resistance levels: 2.0280/2.0350/2.0450
Support levels: 2.0180/2.0100/2.000
GBP/USD has dropped sharply down to 2.0180 key Support and previous bottom after stronger than expected US CPI earlier Below 2.0180 opens territory for test of 2.00 maybe next week. Next down target comes at 2.0100. On the other side, first Resistance comes at 2.0280. However, a break above 2.0350 is needed for upmove towards 2.0450 and higher
Strategy-neutral

FXDREAM USD/JPY
Date: Fri, 14 December 2007 13:10:03
Resistance levels: 113.40/114.00/114.80
Support levels: 112.50/112.00/111.50
USD/JPY has found important Support in the 111.50-45 area yesterday and rebounded for test of 113.40 target over the last trading sessions as it was suggested in our previous reports . The bias remains bullish for test of 114.00 and 114.80 over the next trading sessions next week. First immediate Resistance comes around 113.40 highs On the other side, first important Support comes around 112.50 ahead of 111.50-45 key one
Strategy-neutral.

FXDREAM USD/CHF
Date: Fri, 14 December 2007 13:10:02
Resistance levels: 1.1540/1.1600/1.1650
Support levels: 1.1450/1.1370/1.1300
USD/CHF has bounced further to 1.1540 ( beyond our next target at 1.1480) earlier today as it was suggested after stronger than expected US CPI We have booked 55 pip profit over the first part and 110 pip for the rest of our Long position The bias remains positive for further upmove towards 1.1600 and 1.1650 next week First Resistance comes at 1.1540 . On the other side, first Support comes at 1.1450 now ahead of 1.1370 stronger one
Holding USD/CHF Long at 1.1370,Stop-loss-1.1370( up from 1.1330) ,Take profit-1.1425( 1.1480)

FXDREAM EUR/JPY
Date: Fri, 14 December 2007 13:10:01
Resistance levels: 164.00/164.60/165.30
Support levels: 163.20/163.00/162.40
The Cross has fallen down to 163.25-20 area Support earlier today as it was suggested in our previous report . Below 163.20 reverses the bias towards 162.40 and 162.00 next week. On the upside, a break above 164.00 first Resistance again is needed for reversal towards 165.30 previous high.
Strategy-neutral