Daily Forex Signal 28 November 2008
Posted
SELL GBP/USD 1.5388
TAKE PROFIT 1.5368
STOP LOSS 1.5418
RESULT PROFIT
TAKE PROFIT 1.5368
STOP LOSS 1.5418
RESULT PROFIT
FOREX ANALYSIS
FRIDAY November 28, 2008
EUR/USD
It is likely to attempt to below 1.2802 while below 1.2904 - 1.2911 area. Rise above 1.2962 would dampen this bearish expectation.
GBP/USD
While above 1.5359 - 1.5308 zone a corrective upmove could test 1.5460 or 1.5509. After which it should resume its downtrend.
USD/JPY
It should register gains to 95.47. Corrective decline should be supported in 95.11 - 94.91 area. Stop Loss below 94.59 zone.
USD/CHF
Strength can extend to 1.2021 or even higher than 1.2043 as declines are expected to find support at 1.1979 or 1.1959. A fall below 1.1914 could turn it bearish.
Disclaimer
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