May 09, 2011

Daily Currency Forecast and Signal for May 10, 2011

It is hard to predict, because of unclear situation in Eurozone, here a few upcoming events I recommend to wait to make a decision:

Time Currency Event Impact Forecast Previous
6:45 EUR French Industrial Production mid 4.7 5.6
6:45 EUR French Manufacturing Production low 0.4 0.7 %
7:15 CHF CPI high 0.5 0.6
7:15 CHF CPI high 0.6 1
      
EUR/USD
Resistance and Support Graphic
May be it is more likely to go up to around 1.4520 or higher, and after that, it might have potentially to go down to around 1.4415.
(Current Price: 1.4339)
GBP/USD
Resistance and Support Graphic
May be it is more likely to go up to around 1.6448 or higher, and after that, it might have potentially to go down lower than 1.6347.
(Current Price: 1.6402)
AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment

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1 comments:

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