Forex forecast for EURO/USD 19 November 2005




The 24-hrs forecast based trend chart gives the expected trend for day during the three different sessions -Japanese, European and US.

Intra-day forecast (EURO / USD - 19th Sep)
USD will become strong against other majors. EURO/USD will gradually become weak - Long term downward phase.
Early trading Hrs, EURO/USD will be moderate and volatility expected, will become weak during mid GMT trading Hrs. EURO/USD shows support at 1.2214 closing will be moderate.

spot- trade- clues
Buy EURO/USD during 09:00-10:00 GMT trading Hrs below 1.2214 level and sell EURO/USD during 22:00-23:00 GMT trading Hrs above 1.2278 level

Trade Signal - Trend and Timings
Trend for the day: Swings till 11:30 GMT and upward till day end with intermediary swing of 35-45 Pips
Timing:
Buy/Sell Time level/limit Stop Sell 02:30 PM 22-26 pips above Buy 09:30 PM Buy 09:30 PM 22-26 pips below Sell 15:30 PM Buy 15:30 PM 22-26 pips below Sell 22:30 PM Time - GMT Hrs , PM- Prevailing Market