Daily Forex Analysis for April 27, 2009 (updated: 12:16am GMT+7)

EUR/USD
After its rally to 1.3300, it is more likely to down to 1.3150. But if it is break to 1.3330 it is possible to continue to above 1.3400.

GBP/USD
It is more likely that it would rise to around 1.4750, After which a downside move to around 1.4500 is expected.

USD/JPY
It is more likely to fall towards 96.50, and you can buy at this point with target profit to 97.50.

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