Mei 02, 2008
At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))
13:00 GBP/USD up (Sell)
19:00 GBP/USD down (Sell)
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.
Friday May 2, 2008
EUR-USD
Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.5435 or 1.5388. Major support is clustered around 1.5349 limit.
GBP-USD
It looks more likely that it would rise to above 1.9829 or 1.9867 from 1.9731 or 1.9671. After which a downside move to below 1.9594 is expected.
USD-JPY
It should trade lower to 103.78. Resistances are at 104.51 and 104.82. A break of 105.12 is bullish.
USD-CHF
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.0523 or 1.0617 if support around 1.0442 hold. After which a pullback to 1.0442 - 1.0409 zone is possible.
