Daily Forex Signal 18 Desember 2008  

Posted

BUY GBP/USD 1.5520
TAKE PROFIT 1.5540
STOP LOSS 1.5490





FOREX ANALYSIS

THURSDAY December 18, 2008

EUR/USD

Currently uptrend should end around 1.4772 - 1.4574 area. A correction down to below 1.4129 is expected. A rise above 1.4728 will abort the expected correction.

GBP/USD
A corrective/consolidation activity between 1.5279 and 1.5639 is likely for a while.

USD/JPY
Support at 87.19 or 85.78 should hold the downside for a correction to above 88.59 zone.

USD/CHF
N/A



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