Free Forex Signal

Friday March 28, 2008     

EUR-USD   
There are initial signs of a good corrective recovery towards 1.5813 or even 1.5841. Supports at 1.5753 and 1.5722 zone.

GBP-USD   
2.0062. It looks more likely that it would rise to above 2.0128 or 2.0162 from 2.0043 or 1.9993. After which a downside move to below 1.9924 is expected.    
     

USD-JPY   
Corrective dips should ideally halt near 99.45 or 99.1 for one more thrust upwards towards 99.90 - 100.34 area or 101.04 in extention. Fall below 98.75 puts it back on a downward path.    
     

USD-CHF   
It should test 0.9937 area after which a sell off down to 0.9886 or extended to 0.9835 area is expected.    
   

Mar 28, 2008

At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))

13:30 GBP/USD up (Buy)
19:00 GBP/USD up (Buy)

ALWAYS put a Stop Loss (SL) MAX 40 pips, and Target Profit (TP) starting from 10 to 70 pips, you can use a trailing stop too.

USE AT YOUR OWN RISK !