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Trade suggestion 18. May. 2012
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SELL USDJPY
Entry: 79.30
SL: 79.75
TP1: 78.65
TP2: 78.20
With 30 Pip+ move SL to Breakeven
Intraday forecast 18. May. 2012
EUR/USD bearish
Above 1.2704 look for further upside with 1.2736 & 1.2756 as targets.
Short positions below 1.2673 with targets @ 1.2653, & 1.2622 in extension.
USD/JPY bearish
Long positions above 80.08 with targets @ 80.38, look for further upside with 80.84.
Below 79.12 look for further downside to the 78.82 area, look for further downside with 78.35.
GBP/USD bearish
Above 1.5837 look for further upside with 1.5893 & 1.5928 in extension.
Short positions below 1.5781 with targets @ 1.5746 & 1.5692 in extension.
USD/CHF bullish
Long positions above 0.9476 with targets @ 0.9491 & 0.9513 in extension.
Below 0.9453 look for further downside with 0.9430 & 0.9415 in extension.
Trade suggestion 17. May. 2012
BUY USDCHF
Entry: 0.9420
SL: 0.9380
TP1: 0.9475
TP2: 0.9520
With 30 Pip+ move SL to Breakeven
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