Free Forex Alert

EUR/USD
Date: Mon, 16 June 2008 12:30:05
Resistance levels: 1.5530/1.5570/1.5630
Support levels: 1.5450/1.5400/1.5310


EUR/USD has recovered beyond 1.5450 our suggestion earlier today , supported by higher than expected Eurozone Consumer Price Index numbers On the upside , the upmove remains intact for test towards 1.5570 over the next trading sessions and 1.5630 in mid term On downside, first immediate Support comes near 1.5450 Below turns price back to 1.5400 and 1.5310 Friday bottom

Strategy-neutral


GBP/USD
Date: Mon, 16 June 2008 12:30:04
Resistance levels: 1.9680/1.9740/1.9800
Support levels: 1.9600/1.9530/1.9500/1.9400

GBP/USD has recovered heavily directly beyond 1.9660 previous highs and our target earlier today as it was suggested The upmove remains intact with next targets at 1.9740 later tody and 1.9800 over today and tomorrow On the other side, first important Support comes at 1.9600 Below that levels eases price back to 1.9500 and 1.9400 lows

Strategy-neutral.


USD/JPY
Date: Mon, 16 June 2008 12:30:03
Resistance levels: 108.60/109.00/110.00
Support levels: 107.80/107.00/106.50/105.80

USD/JPY has risen towards 108.60 our target over the last trading sessions as it was suggested , easing back towards 107.80 first important Support earlier today Now there is important Support near 107.50 Below turns price back to 106.60-50 region in mid term On the upside, in longer term the uptrend is still intact with next targets at 109.00 and 110.00 Fisrt key Resistance is at 108.60

Strategy-neutral