Saturday, May 27, 2006

May 26, 2006 (Friday)

Today+215
Month+121

EUR/USD
TradeEntryStopLimitExitPips
+
1.2825
1.2775
1.2900
S
-50
-
1.2794
1.2794
1.2719
L
+75
-
1.2754
1.2754
1.2679
T
+10







GBP/USD
TradeEntryStopLimitExitPips
+
1.8736
1.8686
1.8851
S
-50
-
1.8690
1.8690
1.8575
L
+115
-
1.8673
1.8673
1.8558
L
+115






Note: Dollar stronger due to PCE on the upper end of Fed's comfort zone of 2%. Also, a positive consumer sentiment by University of Michigan of 79.1 came slightly above expectations of 79.0.