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FOREX MARKET PREDICTION

Jun 23, 2008
At Time : (time are in GMT+8(WIB))
GBP/USD No Signal, better not to trade for today


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.



EUR-USD Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5659 or 1.5748 if support around 1.5589 hold. After which a pullback to 1.5589 - 1.5559 zone is possible.

GBP-USD Current rise should end around 1.9752 or 1.9804. Objectives of this downmove are 1.9714 or 1.9662. A rise above 1.9842 is again bullish.

USD-JPY Overall structure is bearish. Decelerating momentum could attract it towards supports at 107.02 or 106.91. Major support is clustered around 106.59 limit.

USD-CHF Current fall seems to be over near 1.0325 or 1.028 for a rebound towards 1.0369 - 1.0400 area.

FOREX MARKET PREDICTION

Jun 20, 2008
At Time : (time are in GMT+8(WIB))
GBP/USD No Signal, better not to trade for today


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.



EUR-USD > While above 1.5485 - 1.5451 zone a corrective dip could test 1.5519 or 1.5545 or 1.5571. After which it should resume his downtrend.

GBP-USD > Uptrend is still intact in a triangle configuration. It should continue to rally to 1.9787 or 1.9848 if support around 1.9682 hold. After which a pullback to 1.9682 - 1.9651 zone is possible.

USD-JPY > It may attempt a test higher to 108.04 after which weakness may set it to a drift down to below 107.60 limit.

USD-CHF > It should trade higher to 1.0513 while 1.0417 or 1.0388 offers support. Stop loss below 1.0358 zone.

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.

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.