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Friday, April 21, 2006

Intra-day forecast USD / JPY - 21st April 2006

USD will become strong against other majors. USD/JPY will become strong - Long Term upward Trend Phase.
Early trading Hrs, USD/JPY will be firm and volatility expected, will become moderate during late GMT trading Hrs. USD/JPY shows support at 115.23 closing will be moderate.

spot- trade- clues
Sell USD/JPY during 02:00-03:00 GMT trading Hrs above 117.68 level and buy USD/JPY during 23:00-24:00 GMT trading below 115.23 level

Trade Signal - Trend and Timings
Trend for the day: Downward till GMT 13:30 Hrs and further downward till day end with intermediary swing of 20-40 Pips
Timing:
Buy/Sell Time level/limit Stop
Sell 02:30 PM 22-26 pips above
Buy 07:30 PM
Sell 08:30 PM 22-26 pips above
Buy 15:30 PM
Sell 15:30 PM 22-26 pips above
Buy 23:00 PM
Time - GMT Hrs , PM- Prevailing Market

1 Comments:

Anonymous Learn Forex Trading said...

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Keep the good work friend.

Saturday, April 22, 2006 12:13:00 AM  

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