Forex Analysis Today
April 29, 2008Tuesday April 29, 2008
EUR-USD
It should trade higher to 1.5702 while 1.5647 or 1.5625 offers support. Stop loss below 1.5602 zone.
GBP-USD
A correction down to 1.9808 folowed buy a mouve up to 1.994 or 1.9993. A break above 2.0072 would accelerate this bullish move.
USD-JPY
While below 104.36 - 104.50 it might drop to 103.91 or below 103.63 zone.
USD-CHF
Market should hold major support at 1.0302 before rising towards 1.0371 or even 1.0405 limit.
