Daily Forex Signal 05 Desember 2008
Posted
BUY GBP/USD 1.4674
TAKE PROFIT 1.4694
STOP LOSS 1.4644
TAKE PROFIT 1.4694
STOP LOSS 1.4644
FOREX ANALYSIS
FRIDAY December 05, 2008
EUR/USD
Corrective dips should ideally halt near 1.2725 or 1.2663 for one more thrust upwards towards 1.2813 - 1.29 area or 1.3024 in extention. Fall below 1.2601 puts it back on a downward path.
GBP/USD
Market should hold major support at 1.4379 before rising towards 1.4840 or even 1.4999 limit.
USD/JPY
Overall structure is bearish. Decelerating momentum could attract it towards supports at 91.96 or 91.71. Major support is clustered around 91.16 limit.
USD/CHF
There is bearish potential for a fall to 1.1856 while 1.2023 - 1.2072 resist. After this fall a recovery up to 1.2072 or 1.2120 is expected.
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