*Last Updated October 2, 2006, 4:33 pm

Daily report by Gcm Reach

Website: http://www.gcmreach.com

Email: accounts@gcmreach.com

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SHORT-TERM FORECASTS FOR FOREX MAJORS

Attached Above, you'll find today’s Trading Session chart analysis & forecast



FOREX FORECAST & ANALYSIS

Daily Report

By J. Enrique Tolentino S.

http://www.gcmreach.com



Asia Session Open: Tactical Strategy for Tuesday October 3rd, 2006: EUR/USD

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Medium Term Trend: As long as 1.2860/2980 resistance hold, chance 4 RVSL is around the corner. 1.2645 break enhance trend lower to 1.2595-05/2455 & 1.2320

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Asian Session Expected Movement: ↑

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Today's Trade Analysis: Euro corected higher as predicted. Now, seems ST rise hasn’t finish just yet. ST support around 1.2715/00 will hold & continue to 1.2815

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Supports: 1.2715/1.2690/1.2655 Resistances: 1.2765/1.2795/1.2815

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Plan: Buy 1.2715, stop below 1.2670, for retracement upmove toward 1.2815/30 lvl.





J. Enrique Tolentino S.

CEO & Head Trader

ceo@gcmreach.com





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