Jun
24Daily Forex Market Analysis - 23 Jun 2008
Filed Under (Daily Forex Market Analysis) by Trader on 24-06-2008
Tagged Under : Forex Market Analysis, Market Commentary
EUR/USD
We are looking to buy the pair based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot with possible target profit at 1.5760, or sell the pair based on TNT (PIPS) signals once it has broken below the PIPS Weekly Pivot with possible target profit at 1.5390. For both cases, prices must be trendy and not choppy.
GBP/USD
We are looking to buy the pair based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot with a possible profit target at 1.9820, or sell it based on TNT (PIPS) signals once it has broken below the PIPS Weekly Pivot with possible target profit at 1.9605. For both cases, prices must be trendy and not choppy.
USD/CHF
We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot with possible target profit at 1.0160, or buy it based on TNT (PIPS) signals once it has broken above the PIPS Weekly Pivot with possible target profit at 1.0499. For both cases, prices must be trendy and not choppy.
USD/JPY
We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot with possible target profit at 106.30 followed by 105.50, provided the global stock market is bearish, or buy it based on TNT (PIPS) signals when it beaks above the PIPS Weekly Pivot with possible target profit at 108.30 followed by 108.97, provided the global stock market is bullish. For both cases, prices must be trendy and not choppy.
EUR/JPY
We are looking to buy the pair based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot provided the global stock market is bullish, or sell it based on TNT (PIPS) signals once the price has broken below the PIPS Weekly Pivot provided the global stock market is bearish with possible target profit at 166.70. For both cases, prices must be trendy and not choppy.
USD/CAD
We are looking to sell the pair based on TNT (PIPS) signals as long as it remains below the PIPS Weekly Pivot with possible target profit at 1.0060 followed by 1.0005, or buy the pair when it breaks above the PIPS Weekly Pivot with possible target profit at 1.0225. For both cases, prices must be trendy and not choppy.
AUD/USD
We are looking to buy the pair based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot with possible target profit at 0.9600, or sell it based on TNT (PIPS) signals once it breaks below the PIPS Weekly Pivot with possible target profit at 0.9495 followed by 0.9450. For both cases, prices must be trendy and not choppy.


























