Today Forex Market Forecast ( **Based on Technical Analysis - MACD, Moving Average, CandleStick Pattern, RSI, Bolinger Band, Elliott Wave )
28/01/08 ( Monday ) at GMT (+8.00)
- EUR/USD = buy at 1.4685 , target pips = 30-40 pips ---> profit !!
- GBP/JPY = ?? , target = ?? ---> no trade
- GBP/USD = buy time 10.15 pm, target pips = 40-60 pips ---> profit !!
- USD/CHF = ??, target = ?? ---> no trade
25/01/08 ( Friday ) at GMT (+8.00)
- GBP/JPY = sell at 214.00 , target = 100-150 pips ---> profit
- GBP/USD = ?? , target pips = ?? ---> no trade
- USD/CHF = buy at 1.0919, target = 30-50 pips ---> profit
**disclaimer - all the information above are not final, there is no guarantee that the info is 100% accurate. All Result are subject to market fluctuation and other issues related. All decision "buy/sell" is after further study on market event for the particular moment.
Knowledge is the key to success in the foreign exchange market. GFT helps you by putting valuable resources at your fingertips. In an effort to help our friends trade more effectively, I have gathered resources fromGLOBAL FOREX TRADINGthe leading experts in the forex market. From streaming live data, to fundamentals and technicals, articles and commentary, Global Forex Trading is providing another very useful tool for the FX trader. I encourage you to use these resources to help gain knowledge of the forex market. Check back often as the content in this area is always expanding and changing.
Foreign exchange "FOREX" is essentially about exchanging one currency for another. The complexity arises from three factors. Firstly what is the foreign exchange exposure, secondly what will be the rate of exchange, and thirdly when does the actual exchange occur.
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