TAKE PROFIT 1.4139 STOP LOSS 1.4089 SIGNAL VALID FROM 6.00 GMT - 18.00 GMT
RESULT ORDER NOT TOUCHED
FOREX ANALYSIS WEDNESDAY January 28, 2009 EUR/USD There are initial signs of a good corrective recovery towards 1.3245 or even 1.3287. Supports at 1.3139 and 1.3076 zone.
GBP/USD
While below 1.4272 it is more likely to fall further towards 1.403 or 1.3958. Premature rise above 1.4272 could see it rising above 1.4415 zone.
USD/JPY It looks more likely that it would rise to 89.88 from 88.71 or 88.25. After which a downside move is expected.
USD/CHF Is expected to fall lower than 1.1272. Entry sell point are at 1.1431 or 1.1470 . Stop loss above 1.1470.
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