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Daily Forex Analysis and Prediction for May 28, 2009
(update: 10:11am GMT+7)
EUR/USD
It is more likely to go down to around 1.3750, and after that, it have a potential to go up to around 1.39 again.
(Current Price: 1.3840)
GBP/USD
It is more likely to go down to around 1.5870 or lower, but before it is go down, it have a potential to test again to around 1.6030. To Entry Sell, better we wait until it is go up once again.
(Current Price: 1.5940)
AUD/USD
It is more likely to go up to 0.7950, but if it is go down to 0.7650 it will bearish
(Current Price: 0.7780)
Daily Forex Prediction for May 29, 2009
(update: 10:10am GMT+7)
EUR/USD
Complicated Analysis. Better to use a breakout strategy. If the price is go up to around 1.4020 it can be bullish to around 1.41 or higher. But if the price is go down to 1.3940 it can be bearish to around 1.38.
(Current Price: 1.3982)
GBP/USD
It is more likely to go down to 1.5850 or even 1.5770, but if it is still go up and reach 1.6080 then it will continue bullish.
(Current Price: 1.5963)
AUD/USD
It is more likely to go down to around 0.7760 or lower, but before it is go down, it have a potential to go up first to around 0.7910. Stop Loss at 0.7950, because more than 0.7950 it will be bullish.
(Current Price: 0.7873)
Today Analysis is seems a little bit complicated, so we suggest to be more carefully from today market.
(Friday sometimes is more difficult). Not to trade for today is better.
Daily Forex Analysis and Prediction for June 1, 2009
(update: 9:53am GMT+7)
EUR/USD
It is more likely to go down to around 1.4050. But before it is go down, it have a potential to go up first to around 1.42.
(Current Price: 1.4154)
GBP/USD
It is more likely to go down to around 1.6090. But before it is go down, it have a potential to go up first to around 1.6270.
(Current Price: 1.6231)
USD/JPY
It is more likely to go up to around 96, after it is go down to around 94.50.
(Current Price: 94.82)
Usually in Monday and Friday, the market is more difficult to predict, so we suggest to be more carefully on that day. and also beware of today news.
Daily Forex Prediction for June 2, 2009
(update: 9:41am GMT+7)
EUR/USD
It is more likely to go up to 1.4250 or higher, but before it is go up, it have a potential to go down first to around 1.4080.
(Current Price: 1.4160)
GBP/USD
It is more likely to go up to 1.65 or even higher than 1.66, but before it is go up, it have a potential to go down first to around 1.63.
(Current Price: 1.6429)
USD/JPY
It is more likely to go down to 95, but before it is go down, it have a potential to go up to around 97
(Current Price: 96.33)
Daily Forex Analysis and Prediction. June 3, 2009
(update: 9:47am GMT+7)
EUR/USD
It is more likely to go up to around 1.4350 or even 1.44, But before it is go up, it have a potential to go down first to around 1.4240.
(Current Price: 1.4285)
GBP/USD
It is more likely to go up to around 1.6650 or even 1.67, But before it is go up, it have a potential to go down first to around 1.6490.
(Current Price: 1.6562)
USD/JPY
It is more likely to do down to around 94.50 or lower, But before it is go down, it have a potential to go up first to around 96.20.
(Current Price: 95.65)
Daily Forex Signal and Prediction for June 4, 2009
(update: 10:11am GMT+7)
EUR/USD
It is more likely to go up to around 1.4250 or higher, and before it is go up, it have a potential to go down first to around 1.4060. BUT if it is still continue to go down and break 1.3950 it will bearish. We suggest to wait and see until it reach the bottom price (usually after news), and then entry Buy. Because overall the structure actually is still Bullish. For alternative, you can use a breakout strategy too.
(Current Price: 1.4180)
GBP/USD
It is more likely to go up to around 1.6450 or higher, but before it is go up, it have a potential to go down first to around 1.6150.
(Current Price: 1.6305)
USD/JPY
It is more likely to go up to to around 96.50 or higher. But USD/JPY have a potential to move zig zag too. Better not to trade for today.
(Current Price: 96.08)
Daily Forex Prediction for June 5, 2009
(update: 9:58am GMT+7)
EUR/USD
It is more likely to go up to around 1.4250, and after that, it have a potential to go down to around 1.4070 or lower.
(Current Price: 1.4196)
GBP/USD
It is more likely to go up to 1.6350, but before it is go up, it have a potential to go down first to around 1.6050. If it still go down and break below 1.5870 it will go more lower. We suggest to place a breakout strategy with Buy at 1.63, and Sell at 1.59. TP: 30 to 100 pips, SL: 50 pips.
(Current Price: 1.6124)
USD/JPY
It is complicated, and we predict that it can go up to around 97.40, and after that, it have a potential to go down. We suggest to place a Sell order at 97.90 with profit target at 97. Stop Loss at 99.
(Current Price: 96.81)
Daily Forex Analysis and Prediction for June 8, 2009
(update: 9:46am GMT+7)
EUR/USD
It is complicated. We predict that EUR/USD may be will go down to around 1.3830 before it is go up.
(Current Price: 1.3995)
GBP/USD
It is more likely to go down to around 1.5840 before it is go up to around 1.60 or higher. But we suggest you not to trade on Monday. because on Monday it is quite difficult to be predicted.
(Current Price: 1.5949)
USD/JPY
We predict that USD/JPY can reach 99.50 or higher, after it is go down to around 98.
(Current Price: 98.46)
We suggest you not to trade on Monday. Because Monday it is quite difficult to be predicted, and it is potentially miss the target.