Friday, March 28, 2008

Mar 28, 2008
At Time : (time are in GMT+7)
13:30 GBP/USD up (Buy)
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 !


EUR-USD - There are initial signs of a good corrective recovery towards 1.5813 or even 1.5841. Supports at 1.5753 and 1.5722 zone.

GBP-USD - 2.0062. It looks more likely that it would rise to above 2.0128 or 2.0162 from 2.0043 or 1.9993. After which a downside move to below 1.9924 is expected.

USD-JPY - Corrective dips should ideally halt near 99.45 or 99.1 for one more thrust upwards towards 99.90 - 100.34 area or 101.04 in extention. Fall below 98.75 puts it back on a downward path.

USD-CHF - It should test 0.9937 area after which a sell off down to 0.9886 or extended to 0.9835 area is expected.


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