Daily Analysis on 25th July 2008
Hello All
Analysis
USD/CHF
Based on daily chart, we can see that the candle already test the resistance line of the channel and it cannot break the resistance line. I think it will go down but for sure we have to wait for today candle.
USD/JPY
Based on this daily chart, we can see that there are reversal signal because it form "dark cloud" pattern. but we have to wait for today candle.
Forecast
USD/CHF :
Swing Trader : Down
USD/JPY :
Swing Trader : Down
Recommendation
USD/CHF :
Swing Trader :Wait for today candle
USD/JPY :
Swing Trader :Wait for today candle
Last edited by PipDiddy; 07-25-2008 at 04:06 PM.
Reason: Link Violation
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