View Single Post
  #28 (permalink)  
Old 07-24-2008, 08:51 PM
masterpips masterpips is offline
Newbie
 

Join Date: Jul 2008
Posts: 40
Default 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
Reply With Quote