Daily Forex Signal 15 Desember 2008  

Posted

SELL GBP/USD 1.4938
TAKE PROFIT 1.4918
STOP LOSS 1.4968
RESULT LOSS




FOREX ANALYSIS

MONDAY December 15, 2008

EUR/USD

One move lower to 1.3277 or 1.3181 is anticipated while below 1.3394 - 1.3442 area. Stop loss above 1.3511 zone.

GBP/USD
It looks more likely that it would rise to 1.5105 from 1.4882 or 1.4803. After which a downside move is expected.

USD/JPY
Market should hold major support at 87.58 before rising towards 92.55 or even 94.05 limit.

USD/CHF
It may meet resistance in 1.1766 - 1.1792 zone for a drift down to 1.1689 zone, after which bounce to 1.1818 is anticipated.



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