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Main » 2008 » December » 19 » Daily Forex Signal December 19, 2008
Daily Forex Signal December 19, 2008
9:24 AM
FREE SIGNAL
SELL GBP/USD 1.5129
TAKE PROFIT 1.5109
STOP LOSS 1.5159
RESULT PROFIT

FOREX ANALYSIS
THURSDAY December 19, 2008

EUR/USD

There are initial signs of a good corrective recovery towards 1.4483 or even 1.4582. Supports at 1.4215 and 1.4046 zone.

GBP/USD
Market should meet resistance at 1.5173. We expect then an extended move down to 1.4764 -1.4542 area.

USD/JPY
A corrective/consolidation activity between 87.74 and 91.73 is likely for a while.

USD/CHF
It should test 1.1225 area after which a sell off down to 1.0545 or extended to 1.0253 area is expected.



Disclaimer
The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any views expressed may change without notice.
This document is provided to you for information purposes only and may not be reproduced, distributed or published by any recipient for any purpose.

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