Market analysis for the most important currency pairs on the Forex Market 24.02.2010

This analysis serves solely for informational purposes and can’t be considered as a trading invitation.

We suggest for opening of a position to use pending orders with Stop / Loss and Take / Profit limits.

Currency pair:  EUR/USD

Market price (reversal point): 1.3559

Main trading strategy: Sell, target: 1.3445

Alternative trading strategy: Buy, target: 1.3652

 Currency pair:  GBP/USD

Market price (reversal point): 1.5505

Main trading strategy: Sell, target: 1.5424

Alternative trading strategy: Buy, target: 1.5570

Currency pair:  USD/CHF

Market price (reversal point): 1.0776

Main trading strategy: Buy, target: 1.0865

Alternative trading strategy: Buy, target: 1.0700