MY Daily analysis For all currencies 29-2-2012

FOREX ANALYSIS 29-2-2012 at 9 GMT

 

  EUR/USD  

The current trend is an upward trend, it  will reach 1.3480 , then 1.3520

The stop loss point is 1.3425

if the price reached 1.3425 , the trend will be  reversed and the new target will be 1.3380, then 1.3350

   USD/JPY   

The current trend is an downward trend, it  will reach 80.20 , then 80.05

The stop loss point is 80.70

if the price reached 80.70, the trend will be  reversed and the new target will be 80.90, then 81.10

    USD/CHF   

The current trend is an downward trend, it  will reach 0.8930 , then 0.8900

The stop loss point is 0.8980

if the price reached 0.8980, the trend will be  reversed and the new target will be 0.9000, then 0.9025

    USD/CAD   

The current trend is an downward trend, it  will reach 0.9940 , then 0.9920

The stop loss point is 0.9975

if the price reached 0.9975, the trend will be  reversed and the new target will be 1.0005, then 1.0030

      USD/NZD   

The current trend is a upward trend, it will reach  0.8450, then  0.8490

The stop loss point is 0.8350

if the price reached 0.8350, the trend will be  reversed and the new target will be 0.8310, then 0.8270

        GBP/USD   

The current trend is a upward trend, it will reach  1.5950, then  1.5980

The stop loss point is 1.5870

if the price reached 1.5870, the trend will be  reversed and the new target will be 1.5820, then 1.5780