Monday, January 26, 2009

Forex Trend Alerts: 01/27/09

Currency Pair ---- Trend ---- Position ---- Stop ---- Comments

EUR/USD ------- Change to Up ---- Buy ----- 12900 ---- Reverse to Long, buy on dips

GBP/USD ------- Change to Up ---- Buy ----- 13600 ---- Liquidate Short position and reverse to Long, buy on dips

AUD/USD ------- Change to Up ---- Buy ------ 6450 ----- Reverse to Long, buy on dips

USD/JPY -------- Down ----------- Sell ------ 9070 ----- Hold Short

USD/CHF ----- Change to Down --- Sell ------ 11630 ----- Liquidate Long position and reverse to Short, sell on rallies