Replies to post #13177 on Mostly: Classical

[Frank Pembleton]

suicide watch for Jimmy Dines and his subscribers...?

Denison Mines just flipped itself into the green-- look for a relief rally-- we're in a stiff downtrend so sell into strength.

[Frank Pembleton]

TECHNICALS-Forex market views and key levels

 
  
     NEW YORK, April 15 (Reuters) - Following is a selection of  
 comments from analysts on important technical developments in the  
 foreign exchange market:  
  
     JIM CHOREK, TECHNICAL ANALYST, CHOREK.COM  
     STERLING/DOLLAR - "The decline from $1.8978 reached $1.8786  
 (.618 of $1.8668-$1.8978) and then some, but it held above the  
 $1.8741 (.764 of $1.8668-$1.8978) risk. The rebound from $1.8756  
 comes on back of a bottoming 1-week cycle, but we need to see a  
 move above $1.8893 (.618 of $1.8978-$1.8756) to confirm an  
 upswing underway for the next couple of days. Then, the $1.8978  
 (high of correction from $1.8590) to $1.9023 (reaction high) to  
 $1.9044 (.618 of 1.9325-1.8590) heavy resistance band will come  
 into focus."  
     EURO/DOLLAR - "The pullback from $1.2893 should continue to  
 hold above the $1.2821 (reaction low) to $1.2820 (.618 since  
 $1.2775) to $1.2815 (.618 since $1.2766) support band. As long as  
 this area holds, odds will favor an eventual move above $1.2893  
 (recent high) and then the $1.2927 (wave ((e)) of 4) to $1.2954  
 (reaction high) heavy resistance band.  
  
     GEORGE DAVIS, CHIEF FOREIGN EXCHANGE TECHNICAL ANALYST,  
 RBCCAPITAL MARKETS, TORONTO  
     DOLLAR/YEN - "First support at 107.17 yen, the reactive low  
 from April 13. First resistance at 108.88 yen, the high for the  
 current move from April 15."  
     EURO/DOLLAR - "Very important support at $1.2791, the 200-day  
 moving average which was first tested yesterday. Resistance at  
 $1.2998, trendline from the highs of the 14th and 17th of March."  
  
      
 Currency bid prices at 15:01 GMT. All data taken from Reuters  
 calculated from the levels at 4:30 p.m. (20:30 GMT) in the  
 previous New York session.  
  
                       Last  US Close    %      YTD     2004  
                             14 April  Change %Change    Close  
 -------------------------------------------------------------  
 Euro/dlr   <EUR=>    1.2928   1.2806   +0.95   -4.65   1.3558  
 Dlr/yen    <JPY=>    107.57   108.21   -0.59   +5.00   102.45  
 Euro/yen   <EURJPY=> 139.06   138.57   +0.35   +0.13   138.88  
 Dlr/swiss  <CHF=>    1.2005   1.2139   -1.10   +5.49   1.1380  
 Stg/dlr    <GBP=>    1.8934   1.8803   +0.70   -1.30   1.9184  
 Dlr/cad    <CAD=>    1.2405   1.2420   -0.12   +3.13   1.2028  
 Aus/dlr    <AUD=>    0.7708   0.7695   +0.17   -1.42   0.7819  
 Euro/swiss <EURCHF=> 1.5522   1.5546   -0.15   +0.36   1.5466  
 Euro/stg   <EURGBP=> 0.6827   0.6808   +0.28   -3.42   0.7069