Jun
27Daily Forex Market Analysis - 25 Jun 2008
Filed Under (Daily Forex Market Analysis) by Trader on 27-06-2008
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 followed by 1.5300. 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 buy the pair based on TNT (PIPS) signals as long as it remains above the PIPS Weekly Pivot with possible target profit at 1.0500, or sell it based on TNT (PIPS) signals once it has broken below the PIPS Weekly Pivot with possible target profit at 1.0329. For both cases, prices must be trendy and not choppy.
USD/JPY
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 109.00, provided the global stock market is bullish, or sell it based on TNT (PIPS) signals once it has broken below the PIPS Weekly Pivot with possible target profit at 107.20, provided the global stock market is bearish. 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 167.72 (23.6% Fibo) 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 1.0143 (H1 23.6% Fibo) 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 0.9523 (H1 23.6% Fibo) with possible target profit at 0.9600, or sell it based on TNT (PIPS) signals once it breaks below 0.9495 with possible target profit at 0.9400. For both cases, prices must be trendy and not choppy.


























