Forex Signal Today

June 12, 2008

Jun 12, 2008
At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))

14:00 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 !

Forex Analysis Today

Thursday June 12, 2008     
     
EUR-USD    
It should trade higher to 1.5612 or above 1.5671 in extention. Supports at 1.5499 and 1.5528. Stop loss below 1.5469 zone    
     
GBP-USD    
It should test 1.974 area after which a sell off down to 1.9528 or extended to 1.9422 area is expected.    
     
USD-JPY    
While below 107.1 or 107.37 it could fall towards below 106.43 or 105.9. After which a corrective/consolidation activity is expected.    
     
USD-CHF    
While below 1.0358 or 1.0383 it could fall towards below 1.0268 or 1.0219. After which a corrective/consolidation activity is expected.