Daily Forex Analysis for May 1, 2009
(updated: 11:01am GMT+7)


EUR/USD
It is more likely to move down to 1.3150 after it hit around 1.3290. Entry sell at 1.3290, with Stop at 1.3340. And if it hit more than 1.3350 then it would be bullish

GBP/USD
It more likely to move down to around 1.4670 or may be lower.

AUD/USD
It is more likely to move up to 0.73 or even 0.7450. and if it is hit at 1.7490, you can sell at this point with target to 0.7350 and risk to 0.7550.


For more details or for other currency pair analysis, please access to:
www.gainscope.com/forex