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Attached Above, you'll find today’s Trading Session chart analysis & forecast FOREX FORECAST & ANALYSIS Daily Report By J. Enrique Tolentino S. http://www.gcmreach.com Asia Session Open: Tactical Strategy for Thursday September 14th, 2006: USD/CHF *************************************************************** Medium Term Trend: CHF seems already put a bottom above 1.21. Now 1.2240/1.2180-55 should contain & spark a powerful upmove toward 1.3050 level *************************************************************** Asian Session Expected Movement: ↑ --------------------------------------------------------------------------------------------- Today's Trade Analysis: Swiss retracement probably (also has a divergence) will place a ST bottom very soon & spark another attempt higher toward 1.2570/85 --------------------------------------------------------------------------------------------- Supports: 1.2470/1.2435/1.2400 Resistances: 1.2515/1.2540/1.2570 --------------------------------------------------------------------------------------------- Plan: Wait until Europe 2 entry. Trend will B rise toward 1.2570/85 enroute to 1.8645 J. Enrique Tolentino S. CEO & Head Trader ceo@gcmreach.com Fx-charts.com Disclaimer: The information contained on this website is subject to change without notice, views and opinions expressed on fx-charts.com may be those of individual authors and may not necessarily be the views of fx-charts.com or its officers and employees, we make no claim to the accuracy or timeliness of any information contained herein. We recommend obtaining advice from a suitably qualified financial advisor before entering into any financial transactions or agreements. The use of this website constitutes acceptance of our privacy policy, disclaimer and terms of use. This website is available for information and educational purposes only. |
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