Forex Signal
Sory the lately of this Signal, because i just open my email

EUR/USD
Buy now (1.2985) SL 1.2955

USD/CHF
Sell now (1.2400) SL 1.2430

GBP/USD
Buy now (1.9715) SL 1.9660

USD/JPY
No trades

# posted by Paul W : 5:43 PM 0 Comments
Tuesday, February 6, 2007
Today Recommendation
EUR/USD
Sold at 1.2935 SL 1.2970

USD/CHF
Bought at 1.2505 SL 1.2465

GBP/USD
Sell-stop at 1.9560 SL 1.9620

USD/JPY
No trades

EUR/USD daily report, by Liviu Flesar

The Euro resumed the decline after it failed to break 1.2965 and it found support at 1.2915, level which is being tested at the time of this writing. It seems that more and more pressure is put on the 1.28 zone and a test of 1.2860 is highly possible. Support is now seen at 1.2915 backed by 1.29 and 1.2860. Resistance emerges at 1.2935 followed by 1.2965 and 1.3. Daily sentiment is bearish and the hourly is neutral. The downside is favored and a slip below 1.29 would signal potential objectives towards the 1.26 and 1.27 area later, during the upcoming days. On the other side, a close above the 1.2965 resistance may extend the recovery and help the Euro getting past the 1.3 mark again. Current quote is 1.2915 @ 06:30 GMT

Recommended trades:

Short in the 1.2935 area, stop at 1.2960, objectives at and below 1.2885.

# posted by Paul W : 3:02 PM 0 Comments
Monday, February 5, 2007
Today Recommendation
EUR/USD

The NFP release on Friday encouraged the U.S. dollar to get past the barriers in the 1.3 area and the higher half of 1.29. The pair declined and reached lows around 1.2930 during today Asian session. Support is now seen at 1.2925 backed by 1.29 and 1.2860. Resistance starts at 1.2950 and it is followed by 1.2980 and 1.3. Daily sentiment is bearish, hourly is neutral. We are expecting a recovery of the Euro which may rise towards the 1.3 area. Current quote is 1.2947 @ 07:06 GMT

Recommended trades:

Long in the 1.2925 area, stop at 1.2895, objectives at and above 1.2965.
Short in the 1.2985 area, stop at 1.3015, objectives at and below 1.2940.