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Main » 2009 » January » 19 » Daily Forex Signal January 19, 2009
Daily Forex Signal January 19, 2009
6:11 AM
FREE SIGNAL
SELL GBP/USD 1.4763
TAKE PROFIT 1.4743
STOP LOSS 1.4793
RESULT PROFIT


FOREX ANALYSIS
MONDAY January 19, 2009

EUR/USD

Current rise seems to be over near 1.3317 or 1.3386 for a retracement towards 1.3247 - 1.3199 area.

GBP/USD
Resistances lie around 1.4864 and 1.5137. It should test lower towards 1.4590 zone. A clear break of 1.4628 would be bearish.

USD/JPY
While below 91.08 it is more likely to fall further towards 90.16 or 89.9. Premature rise above 91.08 could see it rising above 91.59 zone.

USD/CHF
It is likely to fall towards 1.1103 as its corrective rally could falter in 1.1211 - 1.1177 area. Stop above 1.1245 zone.



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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