Daily Forex Signal 12 Desember 2008
Posted
BUY GBP/USD 1.5002
TAKE PROFIT 1.5022
STOP LOSS 1.4972
RESULT LOSS
TAKE PROFIT 1.5022
STOP LOSS 1.4972
RESULT LOSS
FOREX ANALYSIS
FRIDAY December 12, 2008
EUR/USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.3559 or 1.3658 if support around 1.3253 hold. After which a pullback to 1.3253 - 1.3177 zone is possible.
GBP/USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5177 or 1.527 if support around 1.4963 hold. After which a pullback to 1.4963 - 1.4905 zone is possible.
USD/JPY
Market should meet resistance at 91.83. We expect then an extended move down to 91.27 -90.28 area.
USD/CHF
It is likely to attempt nearer support at 1.1753 for extending further to below 1.1666 while below 1.184 - 1.1921 area. Rise above 1.1964 would dampen this bearish expectation.
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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