Daily Forex Analysis and Prediction for May 21, 2009
(update: 11:21am GMT+7 . see your time convertion at timeanddate.com)

EUR/USD
It is more likely to continue to go up to around 1.3880 or even 1.39, but before it is go up, it have a potential to go down first to around 1.3740. (NOTE: today is a bank holiday for EURO, so this currency may be move flat too).
(Current Price: 1.3786)

GBP/USD
It is more likely to continue to go up to around 1.5880 or even 1.59. But beware of its correction down first to around 1.5670.
(Current Price: 1.5784)

AUD/USD
It is more likely to go up to 0.78 , but if it is go down to 0.7650 it will become bearish.
(Current Price: 0.7764)

USD/JPY
It is more likely to go down to 94.00 , and after that it have a potential to go up.
(Current Price: 94.55)


Enjoy!


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