Daily Forex Analysis for May 5, 2009
EUR/USD
It is more likely to go up to 1.3450 or even higher than 1.35 . But we suggest to entry buy at 1.3340. Stop at 1.3290.
(Current Price: 1.3410)
GBP/USD
It is more likely to go up to 1.5100 or higher. But we suggest to entry buy at 1.4950. Stop at 1.4900. After it reach around 1.5100, it have a potentially to move down
(Current Price: 1.5030)
AUD/USD
We suggest to entry buy at 0.7320 , with profit targets to 0.74 or even 0.75. Risk to 0.7170.
(Current Price: 0.7398)
USD/JPY
We suggest to entry buy when it reaches around 98.15, with profit targets to 99 or even 100, stop at 97.70.
(Current Price: 98.93)
USD/CHF
It is more likely to go down to 1.12 or may be lower. After that, it will potentially to move up to 1.13
(Current Price: 1.1262)
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Posted on May 5th, 2009 by admin
. Filed under: Forex Signal and Analysis
