|
 |
Forex · News · USMarketNEWS / USMarket |
|
|
|
|
|
|
|
Market attention is fixed on Labor market review…Forecast on the dynamics of USD/CHF and USD/CAD rates.
|
|
08:14 04/02/2004
|
|
Market attention is fixed on Labor market review…Forecast on the dynamics of USD/CHF and USD/CAD rates.
Today, one should start trading only after the release is published. Trade in accordance with the above-mentioned recommendations and from the levels that would be current for that moment.
In case the last scenario works, stop should be placed under 1,2510 when buying USD/CHF. Strategy target of that rise would be the level of 1,3180, intraday target is 1,2860.
The same situation is with USD/CAD chart. In case the data turns out to be lower than forecasted, the rate will go down to 1,2750. Selling should be opened from the levels that will be current after the release is published. Place stop higher than 1,3290 (stop is a bit too long, but it will consider possible “break-out” that may be carried out by big players).
In case surprisingly positive scenario works, one should buy USD/CAD with 1,3260 target. Place stop right under 1,2995.
The forecast was created by trans1.
|
|
 Printer-Friendly Version
 Send This Page
 Add to Favorites
 Comments
|
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
