Free Forex Signal

Friday April 18, 2008     
     
EUR-USD    
It looks more likely that it would rise to above 1.5946 or 1.5979 from 1.5877 or 1.5842. After which a downside move to below 1.5775 is expected.    
     
GBP-USD    
Current rise seems to be over near 1.9919 or 1.9994 for a retracement towards 1.9843 - 1.9802 area.    
     
USD-JPY    
Currently uptrend should end around 102.81 - 102.9 area. A correction down to below 101.88 is expected. A rise above 103.32 will abort the expected correction.    
     
USD-CHF    
It should be subject to more sell off towards 0.9984 or 0.9905. Corrective upward swings should face resistance around 1.0135 area. A break of 1.01455 is bullish.