Forex Trend Alerts: 05/29/09

EUR/USD:

Long at 13280 (05/04) L/Closing: 13947 Floating: +667 pips

Hold Long and move stop higher to 13850 on close

GBP/USD:

Long at 14900 (05/04) L/Closing: 15948 Floating: +1048 pips

Hold Long with stop on close at 15710

AUD/USD:

Long at 7350 (05/04) L/Closing: 7852 Floating: +502 pips

Hold Long with stop on close at 7500

USD/JPY:

Stopped out at 9670 (05/28) Realised Loss: -20 pips

Re-establish Short if closes below 9548 with stop at 9800 on close, the trend may turn down again

USD/CHF:

Short at 11380 (05/04) L/Closing: 10840 Floating: +540 pips

Hold Short with stop on close at 11100