Mei 08, 2008
At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))
17:20 GBP/USD up (Buy)
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.
USE AT YOUR OWN RISK !
Thursday May 8, 2008
EUR-USD
Market should meet resistance at 1.5432. We expect then an extended move down to 1.5350 -1.5271 area.
GBP-USD
Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.9449 or 1.9449. Major support is clustered around 1.9372 limit.
USD-JPY
There are initial signs of a good corrective recovery towards 105.16 or even 105.34. Supports at 104.67 and 104.37 zone.
USD-CHF
While below 1.0532 or 1.0552 it could fall towards below 1.0512 or 1.0471. After which a corrective/consolidation activity is expected to 1.0573 zone.
