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Intraday forecast 12. Jan. 2012

01/12/12 | by admin [mail] | Categories: Daily forecasts

EUR/USD mixed
Above 1.2768 look for further upside with 1.2799 & 1.2846 as targets.
Short positions below 1.2672 with targets @ 1.2642, & 1.2595 in extension.

USD/JPY bearish
Long positions above 76.99 with targets @ 77.05, look for further upside with 77.12.
Below 76.84 look for further downside to the 76.78 area, look for further downside with 76.71.

GBP/USD bearish
Above 1.5375 look for further upside with 1.5442 & 1.5485 in extension.
Short positions below 1.5307 with targets @ 1.5264 & 1.5197 in extension.

USD/CHF bullish
Long positions above 0.9561 with targets @ 0.9582 & 0.9613 in extension.
Below 0.9497 look for further downside with 0.9477 & 0.9446 in extension.

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