May 10, 2011

Daily Currency Forecast and Signal for May 11, 2011

$EURUSD
Resistance and Support Graphic
 It is more likely to go down to around 1.4287 after testing the resistance 1.4410. Watch the market and if the price will go through resistance level I recommend to go long.
(Current Price: 1.4395)
$GBPUSD
Resistance and Support Graphic
 It’s have strong movement downwards and I think will break the support level 1.6347. If this happens I recommend to go short towards the price 1.6235.
(Current Price: 1.6364)
AUD/USD
No Comment
USD/JPY
No Comment
USD/CHF
No Comment
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2 comments:

Simran Roy said...

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Fendy Chia said...

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