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Keep Visiting Forexlearner for Latest Forex Daily Levels, Forex Live Rates, Forex Recommendations, Forex News*** "Headline News" October 05, 2007--- JAPAN ECON: Leading Index m/m 30.0% As Expected----

Currency
Long/Buy
Short/Sell
Target
Stop
Date
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FOREX SYGNALS SYSTEM

EURO

Latest trading recommendations 08.00 BST, 03.00 EST)  23-05-08 

Currency Date Time Strategy First Target Second target
EUR/US$ (buy) 22-05-08 13.00 Short term buy at 1.5635 1.5655 1.5675
EUR/US$ (sell) 23-05-08 08.00 Short-term, sell at 1.5810 1.5780 1.5750
US$/CHF (buy) 23-05-08 08.00 Short term, buy at 1.0255 1.0275 1.0295
US$/CHF (sell) 22-05-08 13.00 Short term, sell at 1.0395 1.0375 1.0355
AUD/US$ 21-05-08 13.00 Short term, sell at 0.9650 0.9620 0.9590
US$/CAD 21-05-08 13.00 Short term, buy at 0.9830 0.9850 0.9870
EUR/CHF 19-05-08 13.00 Short term, sell at 1.6350 1.6330 1.6310

(We suggest investors make their own stop-loss decisions. We will, however, assume that all trades have stop losses at 30 pips from entry unless we advise otherwise)

Pound

Latest short-term trading recommendations 08.00 BST, (03.00 EST)  23-05-08

Currency Date Time Strategy First target Second target
GBP/US$ (buy) 23-05-08 08.00 Short term buy at 1.9550 1.9580 1.9610
GBP/US$ (sell) 23-05-08 08.00 Short term sell at 1.9840 1.9815 1.9790
EUR/GBP (buy) 06-05-08 13.00 Short term, buy at 0.7810 0.7830 0.7850
EUR/GBP (sell) 23-05-08 08.00 Short term, sell at 0.8000 0.7980 0.7960
           

(We suggest investors make their own decisions on stop-loss positions. We will, however assume that all trades have stop losses at 30 points unless we advise otherwise)

Friday, October 5, 2007

OUR RECOMMENDATIONS

GBP / USD
5 October 2007 15:26:11
price ; 2.0342

Expected Range : 2.0493 - 2.0084
Support : 2.0277 / 2.0195 / 2.0084
Resistance : 2.0427 / 2.0445 / 2.0493
Recommendation : sell 2.0275, SL 2.0325, TP 2.0225
sell 2.0480/500, SL 2.0550, TP 2.0430

EUR/USD
5 October 2007 15:42:37
price ; 1.4112

Expected Range : 1.4200 - 1.4000
Support : 1.4067 / 1.4042 / 1.3988
Resistance : 1.4149 / 1.4200 / 1.4281
Recommendation : sell 1.4125-45, Sl 1.4205, TP 1.4075

USD / JPY
5 October 2007 15:54:47
price ; 116.55

Expected Range : 118.00 - 115.57
Support : 116.26 / 115.57 / 114.66
Resistance : 116.77 / 117.13 / 118.74
Recommendation : buy 116.80, SL 116.30, TP 117.30
sell 116.25, SL 116.75, TP 115.75

USD/CHF
5 October 2007 16:10:15
price ; 1.1772

Expected Range : 1.1846 - 1.1712
Support : 1.1737 / 1.1712 / 1.1658
Resistance : 1.1813 / 1.1846 / 1.1878
Recommendation : buy 1.11750-35, Sl 1.1700, TP 1.1800
sell 1.1800-10, SL 1.1850, TP 1.1750

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