Daily Forex Signal 14 November 2008
Posted
BUY GBP/USD 1.4836
TAKE PROFIT 1.4856
STOP LOSS 1.4806
RESULT PROFIT
TAKE PROFIT 1.4856
STOP LOSS 1.4806
RESULT PROFIT
FOREX ANALYSIS
FRIDAY November 14, 2008
EUR/USD
Current rise seems to be over near 1.2813 or 1.2955 for a retracement towards 1.2671 - 1.2579 area.
GBP/USD
It should test higher than 1.5036. Entry point are at 1.4700 and 1.4603. A break of 1.4364 is bearish.
USD/JPY
It should trade higher to 99.13 while 96.82 or 96.10 offers support. Stop loss below 95.38 zone.
USD/CHF
While below 1.1850 or 1.1900 it could fall towards below 1.1799 or 1.1724. After which a corrective/consolidation activity is expected to 1.1938 zone.
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.
This document is provided to you for information purposes only and may not be reproduced, distributed or published by any recipient for any purpose.
