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 !
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.
Monday May 19, 2008
EUR-USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.562 or 1.5709 if support around 1.5544 hold. After which a pullback to 1.5544 - 1.5515 zone is possible.
GBP-USD
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.9603 or 1.9689 if support around 1.9531 hold. After which a pullback to 1.9531 - 1.9498 zone is possible.
USD-JPY
It is likely to fall towards 102.66 unless a corrective rally breaks the 104.59 resistance. Stop above 104.94 zone.
USD-CHF
Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.0432 or 1.0405. Major support is clustered around 1.039 limit.
Wednesday May 14, 2008
EUR-USD
It should register gains to 1.5520. Corrective decline should be supported in 1.5453 - 1.5415 area. Stop Loss below 1.5355 zone.
GBP-USD
Market should meet resistance at 1.9487. We expect then an extended move down to 1.9423 -1.9356 area.
USD-JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 105.41 or 105.87 if support around 104.35 hold. After which a pullback to 104.35 - 104.07 zone is possible.
USD-CHF
Current rise seems to be over near 1.0542 or 1.0582 for a retracement towards 1.0501 - 1.0473 area.
Friday May 9, 2008
EUR-USD
It should test 1.5453 area after which a sell off down to 1.5305 or extended to 1.5217 area is expected.
GBP-USD
It is likely to attempt to below 1.9437 while below 1.9541 - 1.9555 area. Rise above 1.9607 would dampen this bearish expectation.
USD-JPY
Market should meet resistance at 104.03. We expect then an extended move down to 103.28 -102.82 area.
USD-CHF
While below 1.0539 - 1.0568 it might drop to 1.0454 or below 1.0396 zone.
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.
Wednesday May 7, 2008
EUR-USD
Strength can extend to 1.5563 or even higher than 1.56 as declines are expected to find support at 1.5493 or 1.5459. A fall below 1.5385 could turn it bearish.
GBP-USD
It may attempt a test higher to 1.9755 after which weakness may set it to a drift down to below 1.9659 limit.
USD-JPY
Market should hold major support at 103.91 before rising towards 105.25 or even 105.73 limit.
USD-CHF
Market should hold major support at 1.0418 before rising towards 1.0572 or even 1.0623 limit.
Mei 06, 2008
At Time : (time are in GMT+7 or Indonesia Jakarta Time (WIB))
14:50 GBP/USD down (Sell)
19:00 GBP/USD up (buy)
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 !
March’s ISM figure showed a modest increase to 48.6 from 48.3 in February. The rise was mainly driven by increases in supplier deliveries and employment. The new orders index dropped to its lowest level since 2001.
In April, all the regional surveys, except Philly, showed increases in the inventories, and all regions, except Kansas, showed decreases in employment. In summary, Kansas has shown a large increase, whereas Philly and Richmond have shown signs of weakness, compared to last month. The local indices signal an increase in the ISM to 49.8. But as we have mentioned before, the local surveys often tend to lag the national ISM. Today, we expect an ISM reading of 47.5, which is below the consensus forecast of 48.0, but hig
her than our onemonth model’s forecast. When looking three months ahead, we expect that the ISM will decline to a level around 45 due to weak demand from the consumers and businesses. However, during the autumn, we expect that the positive effect from the tax rebate will begin to feed into the industry.
Australia 1Q House Prices Rise 1.1% Vs 4Q Vs Forecast +0.3%
SYDNEY (Dow Jones)–The weighted average price of established houses in Australian capital cities rose 1.1% in the first quarter from the fourth quarter 2007, the Australia Bureau of Statistics said Monday.
Economists had forecast a rise of 0.3%, according to a survey by Dow Jones Newswires.
The bureau’s house price index also showed the weighted average price of established houses in Australia’s eight capital cities was up 13.8% from the year-earlier quarter of 2007.
The house price index for Sydney fell 1.5% in the first quarter, and rose 7.1% from a year earlier.
Melbourne city had the largest quarterly increase, of 4.1%.
-By Sydney bureau; 61-2-8235-2950; djnews.sydney@dowjones.com
(END) Dow Jones Newswires
May 04, 2008 21:31 ET (01:31 GMT)
