Daily Forex Analysis for May 6, 2009

EUR/USD
It is more likely to move down first to around 1.3250 before it is continue to go up to 1.3360 or even 1.34
(Current Price: 1.3312)

GBP/USD
It is more likely to go up to around 1.52, and then move down to 1.51 or even lower. We suggest you to entry sell if it hit around 1.5230, profit targets to 1.5150 , stop loss at 1.53
(Current Price: 1.5067)

AUD/USD
It is more likely to go up, and we suggest if it is reaches around 0.75 then you can entry sell, with profit targets to 0.74 , stop loss at 0.7560
(Current Price: 0.7410)

USD/JPY
it is looks more likely to go down to 98 or lower. Stop loss at 99.50
(Current Price: 98.91)

USD/CHF
It is potentially to move down before it is rebound to 1.13 or higher, and we suggest to entry buy if it is reaches 1.12, profit targets to 1.13 , stop loss at 1.1150
(Current Price: 1.1339)

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Ditulis oleh: Unknown - Tuesday, May 5, 2009