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Article
BFI: Currency market commentary
22.12.2008 11:10 MondayGood morning. Herewith we would like to present our currency market forecasts for today.
EURUSD
Drops to 1,3840 should be used to open long positions. Target for them we assess for 1,4070 and even 1,4260 later on.
GBPUSD
Falls to 1,4780 we suggest using to open long positions with destination target 1,5050 or even 1,5160.
USDJPY
Will trade in range 88,90-90,20.
USDCHF
Rise to 1,1190/1,1210 would be a good moment to open short positions with destination target 1,0940.
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