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FxTrend - Forecast May 24, 2006: 22 May

FxTrend - Forecast May 24, 2006

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Monday, May 22, 2006

Intraday Forex Forecast May 22, 2006

Forecast Time: 11:30PMEST (US-NY Time)
Next Update: 1:50AM EST
* Forecast is based on intraday trend, Put stoploss atleast 30pips away to prevent from loss.
* Press F5 key or browser Refresh button to Refresh before entering in trade. with clear green signal..
* You can sell and buy again on different dips between short term uptrend.

* Analysis and forecast is based on news, market analysis, charts, past data analysis.
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*Our Target is 100-200 Pips Daily
*Performance Last week 1200+ Pips - This week 1650+
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Forex Updates [May23, 2006]..USD Fed's Bernanke will be speaking on May 23/2006 at 10:00 AM EST NY Time. This speech is highly likely to move the market...Watch for interest rate announcements. at 10:00 EST.....so trade accordingly... and this data news is important and could change market direction... trade accordingly...
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Latest Forex Market Update
USD Fed's Bernanke will be speaking on May 23/2006 at 10:00 AM EST NY Time. This speech is highly likely to move the market...Watch for interest rate announcements. at 10:00 EST.....so trade accordingly...
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Urgent News Trades:
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Short Term Trades:

EUR/USD : Short term buy again arround 1.2698 then Sell arround 1.2730....must use stoploss at 1.2710... can go towards 1.2790 if you are not cautious then stay little.

Next Move: Buy again arround 1.2790 then Sell at 1.2730
Current rate: 1.2773 Trend: short term down then down

Status: Target Achieved

My action: will Buy again at 1.2695 will Sell at 1.2730 Time: --AM

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USD/JPY: Short term buy arround 111.20 then sell arround 112.20
Next Move: buy again at 110.55 then sell arround 111.90

Current Rate: 111.34 Trend: short term up
Status: Target in Range

My action: Bought again at 111.05 will Sell at 111.45 with stoploss at 111.20 Time: 1:15AM
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GBP/USD: Buy arround 1.8605 with selling targets arround 1.8820... must use stoploss at 1.8750.

Next Move: buy again arround 1.8665 with selling target arround 1.8780
Current rate: 1.8775 Trend: short term down

Status: Target Achieved

My action: will Buy again at 1.8605 Sell at 1.8750

Time: --AM

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USD/CHF : Buy arround 1.2110 then selling targets at 1.2175

Next Move: buy again arround 1.2090 then selling target arround 1.2110
Current rate: 1.2160 Trend: short term up

Status:
Target in Range

My action: Bought at 1.2016 will Sell at 1.2075 then look for 1.2170 Time: 2:10 AM stoploss at 1.2030

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GBP/JPY : Buy again arround 208.20 with Selling targets at 209.80

Next Move: depends on trend so trade on different dips

Current rate: 209.79 Trend: short term up
Status: Target Achieved
My action: Buy arround 208.20 Sell at 209.80 Time: --
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EUR/GBP: Buy arround 0.6752 Sell arround 0.6850

Next Move: depends on trend
Current rate: 0.6795 Trend: short term up
Status: Target Achieved

My action: Bought again at 0.6762 Sold at 0.6778 Time: 4:12AM
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Long Term Trades:

* go long with CAD/JPY as it will move with Oil Prices
* go long with AUD/JPY as it will move with Gold Prices.

Best of Luck and Have a Nice trade !!!