Daily Forex Signal 10 November 2008
Posted
SELL GBP/USD 1.5672
TAKE PROFIT 1.5652
STOP LOSS 1.5702
RESULT LOSS
TAKE PROFIT 1.5652
STOP LOSS 1.5702
RESULT LOSS
FOREX ANALYSIS
MONDAY November 10, 2008
EUR/USD
It should test 1.2785 area after which a sell off down to 1.2660 or extended to 1.2558 area is expected.
GBP/USD
It should see a sell off to below 1.5512 while 1.5695 area curtails its upside. A break beyond 1.5854 will abort the downside.
USD/JPY
It looks set for gains to above 99.09. Supports at 97.55 and 97.92. A break of 97.17 will damage this bullish structure.
USD/CHF
Current upmove should continue up to 1.1817 or 1.1865. Any correction should find support in 1.1749 - 1.1725 zone.A break above 1.1829 could accelerate the move up.
It should test 1.2785 area after which a sell off down to 1.2660 or extended to 1.2558 area is expected.
GBP/USD
It should see a sell off to below 1.5512 while 1.5695 area curtails its upside. A break beyond 1.5854 will abort the downside.
USD/JPY
It looks set for gains to above 99.09. Supports at 97.55 and 97.92. A break of 97.17 will damage this bullish structure.
USD/CHF
Current upmove should continue up to 1.1817 or 1.1865. Any correction should find support in 1.1749 - 1.1725 zone.A break above 1.1829 could accelerate the move up.
Disclaimer
The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.
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