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Friday, April 14, 2006

Intra-day forecast USD/CHF - 14th Apr 2006

Intra-day forecast USD/CHF - 14th Apr 2006
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 1.2833 closing will be moderate.

spot- trade- clues
Sell USD/CHF during 03:00-04:00 GMT trading Hrs above 1.3005 level and buy USD/CHF during 23:00-24:00 GMT trading Hrs below 1.2833 level

Trade Signal - Trend and Timings
Trend for the day: Swings till GMT 11:30 Hrs and downward till day end with intermediary swing of 40-50 Pips
Timing:
Buy/Sell Time level/limit Stop
Sell 03:00 PM 22-26 pips above
Buy 07:30 PM
Sell 09:00 PM 22-26 pips above
Buy 16:00 PM
Sell 17:00 PM 22-26 pips above
Buy 23:30 PM
Time - GMT Hrs , PM- Prevailing Market

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