Daily Forex Signal 17 Desember 2008
Posted
BUY GBP/USD 1.5517
TAKE PROFIT 1.5537
STOP LOSS 1.5487
RESULT PROFIT
TAKE PROFIT 1.5537
STOP LOSS 1.5487
RESULT PROFIT
FOREX ANALYSIS
WEDNESDAY December 17, 2008
EUR/USD
Strength can extend to 1.4079 or even higher than 1.4229 as declines are expected to find support at 1.3820 or 1.3710. A fall below 1.3410 could turn it bearish.
GBP/USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5874 or 1.5922 if support around 1.5477 hold. After which a pullback to 1.5477 - 1.5392 zone is possible.
USD/JPY
It should see a sell off to below 88.21 while 89.47 area curtails its upside. A break beyond 90.31 will abort the downside.
USD/CHF
It is likely to attempt nearer support at 1.1058 for extending further to below 1.0875 while below 1.1242 - 1.1420 area. Rise above 1.1511 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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