Free Morning Signals - Market outlook

[FXLearning]

GMGFX

Next post is a prediction.

[FXLearning]

GMGFX

This is a prediction:

It is now GMT 07:20 AM
Tuesday 12 2005

Euro range thus far 1.2966 - 1.2991

Euro expected range for the day 1.2913 - 1.3020 (might go as high a 1.3060)

Direction up to 1.3020 first
Direction then down to 1.2913

Average error bs on lower upper side + 30 or - 30 pips.

[gmgfx.com]

Morning Brief - 12 April 2005

The dollar has remained on the defensive in early Europe on Tuesday but movement has been limited ahead of the US trade data with the dollar avoiding a decline through the 1.30 level against the Euro. Markets will be very reluctant to extend long dollar positions ahead of the data this will tend to offer a slight downward bias to the US currency although trading ranges should be narrow.

. Short EURUSD 1.3015 when reached target 1.2950 reverse.

. Short GBPUSD 1.8960 when reached target 1.8900 reverse

. Close all open positions before the data release.

[gmgfx.com]

FXLearning. very good. Though we expect the range is tighter.

[fzzaa3]

Originally Posted by gmgfx.com

Morning Brief - 12 April 2005


. Short EURUSD 1.3015 if reached target 1.2950 reverse.

. Short GBPUSD 1.8960 when reached target 1.8900 reverse

. Close all open positions before the data release.

I am glad you made it tonight earlier that last night. BUT you promised me that you will post the SL for us to prevent any losses.

Why do you think that the short is favorable if the expectation of the trade blance is -$63? Is not ganna weaken' the dollar?

Many thanks.

[akula1]

where's today's update? - i was hoping to check these for a few days before signing with a broker

[gmgfx.com]

Morning Brief - 13 April 2005

During Wednesday markets will continue to look at the details within the trade report the Fed’s March minutes. Any comments Fed officials will also be closely watched given the uncertainties over whether the Fed will increase interest rates at a faster pace. The US retail sales report will also be watched closely. Dollar resistance will be increasingly tough it attempts to strengthen back through the 1.28 level. The level of oil prices will remain important with the yen gaining some support the drop in prices.


. Buy EURUSD 1.2915 target 1.3005 stop loss at 1.2870

. Buy GBPUSD 1.8930 target 1.9005 stop loss at 1.8890

[akula1]

ok thx that's great!