Daily forex analysis for April 29, 2009 (5:17am GMT+7)

EUR/USD
It looks more likely that it would go up to 1.3250 or even 1.3300, After which a downside move to 1.3000 is expected.
(Current Price: 1.3145)

GBP/USD
It looks more likely that it would go up to 1.4750 or even 1.4900, After which a downside move to 1.4650 is expected.
(Current Price: 1.4629)

AUD/USD
It is possible to go down to around 0.7010, After which an upside move to around 0.7100 is expected. Entry Buy at 0.7010 with Risk to 0.6950.
(Current Price: 0.7055)

USD/JPY
it is possible to go down to 95.50, After which an upside move to around 97.20 is expected
(Current Price: 96.41)


for more details or analysis for other currencies, please access at:
http://www.gainscope.com/forex/