Forex Signals April 5, 2007

Forex Signals For Trade Today.

GBP/USD
Buy@ 1.9771 TP 1.9791 S/L 1.9731
Sell@ 1.9729 Tp 1.9709 S/L 1.9769

Forex Signals April 4, 2007

Forex Signals For Trade Today.

EUR/USD
Buy@ 1.3362 TP 1.3382 S/L 1.3322
Sell@ 1.3322 Tp 1.3302 S/L 1.3362

GBP/USD
Buy@ 1.9783 TP 1.9803 S/L 1.9743
Sell@ 1.9743 Tp 1.9723 S/L 1.9783

Technorati Profile

Forex Signals April 3, 2007

Forex Signals For Trade Today.

EUR/USD
Buy@ 1.3379 TP 1.3399 S/L 1.3339
Sell@ 1.3339 Tp 1.3319 S/L 1.3379

Forex Signals April 2, 2007

Forex Signals For Trade Today.

EUR/USD
Buy@ 1.3367 TP 1.3387 S/L 1.3327
Sell@ 1.3327 Tp 1.3307 S/L 1.3367

GBP/USD
Buy@ 1.9666 TP 1.9686 S/L 1.9626
Sell@ 1.9626 Tp 1.9606 S/L 1.9666

Forex Signals March 29, 2007

Forex Signals For Trade Today.

EUR/USD
Buy@ 1.3349 TP 1.3369 S/L 1.3319
Sell@ 1.3309 Tp 1.3289 S/L 1.3339

GBP/USD
Buy@ 1.9651 TP 1.9671 S/L 1.9621
Sell@ 1.9611 Tp 1.9591 S/L 1.9661

UsdJpy

The weaker than forecasted durables goods orders were not able to move the USD more than 10 pips as the focus was on the comments from the Chairman of the Federal Reserve Ben S. Bernanke, who announced the same as the past seven months, that is, the pressure on inflation means more than the slowing economy. In his speech to the Congress yesterday, Bernanke informed that risks to economic growth have increased, especially because of the downturns in housing and company investment. He rebuffed the notion that officials had shifted to a ``neutral'' stance and, in doing so, reduced speculation borrowing costs will be cut in coming months. Bernanke's comments came to a surprise to us as we saw more downside in the USD after the prior FOMC statement, but we have changed our stnace to neutral in the short term on the USD, awaiting the Q4 final figures for the GDP, PCE Core QoQ and Personal Consumption along with the weekly jobless claims. We do not expect big things to happen unless we see a big deviation from the forecasted, but are focusing on the February key data tomorrow, where the PCE Deflator, PCE Core MoM/YoY, Chicago PMI, Construction Spending and the final Michigan confidence figures will be released. For today we see USDJPY remaining heavy and the inability to break above 118.50 this week, suggest more downside to come in the short term. Sell the break of 116.35, target 115.50 and then 114.00. If filled, apply 30-40 pip stop.

Signals

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