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Friday, April 28, 2006

Intra-day forecast USD/CHF - 26th April 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 moderate and volatility expected, will become weak during late GMT trading Hrs. USD/CHF shows support at 1.2533 closing will be weak.

spot- trade- clues
Sell USD/CHF during 03:00-04:00 GMT trading Hrs above 1.2709 level and buy USD/CHF during 22:00-23:00 GMT trading Hrs below 1.2533 level

Trade Signal - Trend and Timings
Trend for the day: Wild swing till GMT 13:30 Hrs and downward till day end with intermediary swing of 40-50 Pips
Buy/Sell Time level/limit Stop
Sell 03:30 PM 22-26 pips above
Buy 08:30 PM
Sell 10:00 PM 22-26 pips above
Buy 15:30 PM
Sell 16:30 PM 22-26 pips above
Buy 23:00 PM
Time - GMT Hrs , PM- Prevailing Market


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