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Forex Trading

DAILY SHORT-TERM FORECASTS FOR FOREX MAJORS BY GCM REACH

*Last Updated September 28, 2006, 6:11 pm

Daily report by Gcm Reach

Website: http://www.gcmreach.com

Email: accounts@gcmreach.com

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File Description:	** Daily USDX Trade / Fri. Sep. 29, 2006 **
File Name:	temporal.doc
File Size:	58368 bytes
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SHORT-TERM FORECASTS FOR FOREX MAJORS

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 Friday September 29th, 2006: USdX

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Medium Term Trend: USDX retracement could be contained @ 84.70/83.60 & spark a powerful upmove that will reach 87.85 resistance initially enroute to 90.85

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This Week’s Expected Movement: ↓

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Today's Trade Analysis: Dollar rise will B stoped very soon, as powerful triangle projects target just above current price & from there develop steeply fall to 84.30

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Supports: 85.40/85.15/84.70 Resistances: 85.85/86.15/86.40

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Plan: Dollar retracement will find ST resistance @ 85.85/86.15 & retrace to 84.30/83.6





J. Enrique Tolentino S.

CEO & Head Trader

ceo@gcmreach.com





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