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Thursday, December 29, 2005

Forex forecast all pairs for today

The 24-hrs forecast based trend chart gives the expected trend for day during the three different sessions -Japanese, European and US.

Intra-day forecast(USD/CHF - 28th Dec)
USD will become strong against other majors. USD/CHF will gradually become strong - Long term upward phase.
Early trading Hrs, USD/CHF will be firm and volatility expected, will become moderate during late GMT trading Hrs. USD/CHF shows support at 1.2956 closing will be moderate.

spot- trade- clues
Sell USD/CHF during 01:00-02:00 GMT trading Hrs above 1.3177 level and buy USD/CHF during 21:00-22:00 GMT trading Hrs below 1.2956 level

Trade Signal - Trend and Timings
Trend for the day: Downward till GMT 12:30 Hrs and further downward till day end with intermediary swing of 40-50 Pips
Timing:
Buy/Sell Time level/limit Stop
Sell 01:30 PM 22-26 pips above
Buy 07:00 PM
Sell 08:00 PM 22-26 pips above
Buy 14:00 PM
Sell 15:30 PM 22-26 pips above
Buy 23:30 PM
Time - GMT Hrs , PM- Prevailing Market












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