Daily Forex Analysis for May 13, 2009
(update: 10:31am GMT+7)
EUR/USD
It is more likely to go down to 1.35 area, but may be it will hit once again in around 1.37, and then go down. We can place a sell order at around 1.3720. with Target Profits to 1.36 or lower, Stop Loss at 1.3770.
(Current Price: 1.3694)
GBP/USD
It is more likely to go down to 1.5250 or lower. but we recommend to wait until it is go up once again to around 1.5350, and then we place a Sell order, with Target Profits to 1.5250, Stop Loss at 1.5400.
(Current Price: 1.5305)
AUD/USD
It is more likely to go down to 0.75 area. you can entry sell at 0.77, with Target Profits to 0.76, Stop Loss at 0.7750.
(Current Price: 0.7675)
Good tips James! Too bad EUR and GBP did not hit the entry price. Still waiting for AUD to reach the TP. Will be waiting for your analysis tmr. Thx buddy.
Daily Forex Analysis for May 14, 2009
(update: 5:40am GMT+7)
Today is complicated for the Analysis,
because it have a potential to move flat or bouncing for the major currencies.
EUR/USD
It is more likely to move flat, but it also have a potentially to continue down to 1.35 or even 1.34.
(Current Price: 1.3595)
GBP/USD
It is more likely to go up to around 1.5250, and then it is potentially to move down to around 1.50.
(Current Price: 1.5151)
AUD/USD
It is more likely to go down to around 0.7440, but we recommend to wait until it is go up to around 0.76, and then entry sell.
(Current Price: 0.7528)
I took your advice on GBP/USD for May 14th, 2009, I bought at 1.5127 and sold at 1.5200 for 73 pips of profit!
I am new to this Babypips site and I came across your section thanks God. This was my first test with your opinions. I pray for you to continually give great opinions/possible forecast. I am studying forex myself. But until I can become proficient at it, it is nice to have winning strategies such as yours on my side.
Daily Forex Analysis and Prediction for May 18, 2009
(update : 9:42am GMT+7 - Indonesia, Jakarta Time) see time convertion at timeanddate.com
EUR/USD
It looks more likely to go down to below 1.34 or even 1.33, after that, it is potentially to go up. Target Profits to 1.3400 or even 1.3350, Stop Loss at 1.3520
(Current Price: 1.3440)
GBP/USD
It looks more likely to go down to below 1.51 or even 1.50, after that, it is potentially to go up. Target Profits to 1.5100 or even 1.5050, Stop Loss at 1.5230
(Current Price: 1.5148)
AUD/USD
It looks more likely to go down to 0.74 or even 0.73
(Current Price: 0.7470)
USD/JPY
It looks more likely to go down to 94 or even 93.50
(Current Price: 94.63)
Daily Forex Analysis for May 19, 2009
(update: 4:44am GMT+7)
EUR/USD
It is more likely to go up to 1.37, and after that, it is potentially to go down 1.3450.
(Current Price: 1.3555)
GBP/USD
It is more likely to go up to around 1.54, but better we wait until it is go down first to around 1.5250 and then entry Buy.
(Current Price: 1.5333)
AUD/USD
It is more likely to go up to 0.77 or higher, but better we wait until it is go down first to around 0.7550 and then entry Buy.
(Current Price: 0.7641)
TO Rawkz:
below is the analysis for today, hope you can enjoy it
thanks
==========
Daily Forex Analysis and Prediction for May 20, 2009
(Update: 9:54am GMT+7)
EUR/USD
It is more likely to go down to 1.3500 or even around 1.34, Suggestion to start entry sell at around 1.3640. But EUR/USD also have a potential to move flat today.
(Current Price: 1.3588)
GBP/USD
It is more likely to go down to 1.5350 or lower. Suggestion to start entry sell at around 1.5500.
(Current Price: 1.5462)
AUD/USD
It is more likely to go down to 0.76 or even 0.7550.
(Current Price: 0.7688)
Daily Forex Analysis and Prediction for May 21, 2009
(update: 11:21am GMT+7 . see your time convertion at timeanddate.com)
EUR/USD
It is more likely to continue to go up to around 1.3880 or even 1.39, but before it is go up, it have a potential to go down first to around 1.3740. (NOTE: today is a bank holiday for EURO, so this currency may be move flat too).
(Current Price: 1.3786)
GBP/USD
It is more likely to continue to go up to around 1.5880 or even 1.59. But beware of its correction down first to around 1.5670.
(Current Price: 1.5784)
AUD/USD
It is more likely to go up to 0.78 , but if it is go down to 0.7650 it will become bearish.
(Current Price: 0.7764)
USD/JPY
It is more likely to go down to 94.00 , and after that it have a potential to go up.
(Current Price: 94.55)
LONDON (Dow Jones)�Sterling has lurched lower against the euro and the dollar after ratings agency Standard & Poor�s downgraded the outlook on the U.K. from stable to negative.
The euro shot around 1% higher against the pound, and the pound plunged even more heavily against the dollar as the decision was announced.
The moves reverse the pound�s gains posted over recent days.
The U.K.�s sovereign credit ratings remain unchanged.
Daily Forex Analysis for May 22, 2009
(update: 10:27am GMT+7)
EUR/USD
It is more likely to go up to 1.3980 or even 1.4030, after that, it is have a potential to go down to 1.3770. But if it is still go up more than 1.4050, We predict that it will bullish to around 1.4230. And beware of the correction down first to around 1.38.
(Current Price: 1.3933)
GBP/USD
The trend is bullish, and it is more likely to go up to 1.5970 or even 1.6, after that it will go down. But we look that before it is go up to 1.6, it have a potential to go down first to around 1.5750.
(Current Price: 1.5855)
AUD/USD
It is more likely to go up higher than 0.7850, with long term target to 0.8.
(Current Price: 0.7799)