Daily Forex Signal 13 November 2008
Posted
SELL GBP/USD 1.5070
TAKE PROFIT 1.5050
STOP LOSS 1.5100
RESULT ORDER NOT TOUCHED
TAKE PROFIT 1.5050
STOP LOSS 1.5100
RESULT ORDER NOT TOUCHED
FOREX ANALYSIS
THURSDAY November 13, 2008
EUR/USD
It should register further gains to 1.2603 while 1.2438 caps downside attempts. Stop loss below 1.2370 zone.
GBP/USD
Market should not go lower than 1.4704. After this move down it should go up to 1.4931 - 1.5114 area.
USD/JPY
Overall structure is bearish. Decelerating momentum could attract it towards supports at 93.79 or 93.63. Major support is clustered around 92.48 limit.
USD/CHF
Corrective dips should ideally halt near 1.1842 or 1.1815 for one more thrust upwards towards 1.1882 - 1.1921 area or 1.1976 in extention. Fall below 1.1787 puts it back on a downward path.
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