FOREX MARKET PREDICTION

Jun 19, 2008
At Time : (time are in GMT+8 (WIB))
15:00 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.


Thursday June 19, 2008
EUR-USD Market looks set for gains towards 1.556 or above in extension. Dips should find support at 1.5512 - 1.5499 zone.

GBP-USD Market should hold major support at 1.949 before rising towards 1.9647 or even 1.9695 limit.

USD-JPY Prefer a fall to 107.8 or 107.58. Then a correction to 108.16 is anticipated. A clear break of 107.29 is again bearish.

USD-CHF There is bearish potential for a fall to 1.0323 or 1.0283 while 1.0415 - 1.0435 resist. After this fall a recovery up to 1.0415 or 1.0435 is expected.