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  DAILY SHORT-TERM FORECASTS FOR FOREX MAJORS BY GCM REACH

*Last Updated May 27, 2006, 7:33 pm
Daily report by Gcm Reach

Website: http://www.gcmreach.com
Email: accounts@gcmreach.com


 FILE DOWNLOAD


File Description:       ** Daily EURTrade / Mon. May 29, 2006 **
File Name:   temporal.doc
File Size:   60928 bytes
File Type:   application/msword





 SHORT-TERM FORECASTS FOR FOREX MAJORS


Attached Above, you'll find today’s Trading Session chart analysis & forecast



** Asia Open: Daily EUR Trade / Mon. May 29, 2006 **

FOREX FORECAST & ANALYSIS

Sunday, May 28, 2006 2:18 GMT

Daily Report

By J. Enrique Tolentino S.

http://www.gcmreach.com



Asia Session Open: Tactical Strategy for Monday May 29th, 2006: EUR/USD

***************************************************************

Medium Term Trend: Euro’s need 1.2610 break for ST downmove confirmation. If does will reach 1.2410 & 1.2335/05 target initially; if not, then will challenge high

***************************************************************

Asian Session Expected Movement: Up

Today's Trade Analysis: Euro innhability to break 1.2685 support will B traduced in another attempt to 1.2970 previous high & even 1.3165 strong resistance level

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Supports: 1.2705/1.2685/1.2650 Resistances: 1.2745/1.2770/1.2805

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Plan: Buy HSL 1.2715 & 1.2700, S&R 1.2670, for upmove challenging 1.2915/70 high





My Currency forecasts –a professional- grade advisory tool I previously reserved mostly for global forex professionals (Banks & financial companies, Brokerage & Trading houses, Mutual & Hedge Funds, investors and corporate companies), is now finally available to private individuals, FX traders and/or managed accounts.

My approach to FX relies heavily on a combination of macro fundamentals and technical analysis in order to spot opportunities. Conceptual trading edge using a consistent approach, pattern recognition skills, innovative computerized asset management methodologies and a succesful proved system.

We monitor global FX markets 24 hours a day, post 3 daily and 1 weekly updates, and as often as market action dictates special advises are sent. You get clear, labeled charts and "plain English" forecasts that keep you informed at a glance. For better stop-loss and take-profit control, you also get critical price levels that reinforce or negate the developing trends.

My track record as Fx forecaster and currency management confirms my belief that technical and quantitative forecasting models, combined with market intelligence, experience and discipline, provide consistently superior risk management performance compared with other approaches. All my trades are based upon my unique technical software and the “sense-ability” to analyze and forecast foreign exchange markets.

Sign up for one week free trial period sending your request at info@gcmreach.com for my complete service offered to regular clients.

J. Enrique Tolentino S.

CEO & Head Trader

ceo@gcmreach.com





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