Wednesday, June 18, 2008

FOREX MARKET PREDICTION


Jun 18, 2008
At Time : (time are in GMT+8(WIB))
15:00 GBP/USD down (Sell) -> Beware! Very Complicated and Difficult!

Wednesday June 18, 2008
EUR-USD One move lower to 1.5463 or 1.5416 is anticipated while below 1.5532 - 1.5555 area. Stop loss above 1.56 zone.
GBP-USD While below 1.9519 - 1.9579 it might drop to 1.9459 or below 1.935 zone.
USD-JPY It is likely to fall towards 107.18 unless a corrective rally breaks the 108.16 resistance. Stop above 108.35 zone.
USD-CHF Current fall is near an end of wave around 1.035 - 1.0414 zone, a rally should then procede to above 1.0438 or 1.0458. Fall below 1.0337 would cancel this scenario.

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