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Main » 2009 » February » 18 » Daily Forex Signal February 18, 2009
Daily Forex Signal February 18, 2009
9:37 AM
FREE SIGNAL
BUY GBP/USD 1.4244
TAKE PROFIT 1.4264
STOP LOSS 1.4214
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT PROFIT
 
 
FOREX ANALYSIS
WEDNESDAY February 18, 2009

EUR/USD

Market should not go lower than 1.2435. After this move down it should go up to 1.2572 - 1.2650 area.
 
GBP/USD
Market should hold major support at 1.4049 before rising towards 1.4325 or even 1.4411 limit.
 
USD/JPY
Uptrend is still intact in a triangle configuration. It should continue to rally to 92.66 or 93.44 if support around 92.25 hold. After which a pullback to 92.25 - 91.99 zone is possible.
 
USD/CHF
Strength can extend to 1.1736 or even higher than 1.1785 as declines are expected to find support at 1.1642 or 1.1597. A fall below 1.1499 could turn it bearish.
 


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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