FREE SIGNAL
SELL GBP/USD 1.4041
TAKE PROFIT 1.4021
STOP LOSS 1.4071
SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT LOSS
FOREX ANALYSIS
WEDNESDAY March 4, 2009
EUR/USD
Downtrend
is still intact.It should continue to fall to 1.2541 or 1.2496 if
resistance at 1.2586 area doesnt break . Direct rise above 1.2586 could
turn the picture bullish for a corrective up move to 1.2619 or even
1.2652 limit.
GBP/USD
Current
fall is near an end of wave around 1.3909 - 1.401 zone, a rally should
then procede to above 1.4104 or 1.4144. Fall below 1.3889 would cancel
this scenario.
USD/JPY
A corrective/consolidation activity between 97.25 and 99.51 is likely for a while.
USD/CHF
It should trade lower to 1.1697. Resistances are at 1.1773 and 1.1802. A break of 1.1800 is bullish.
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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