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Daily Forex Analysis and Predictions for July 16, 2009
EUR/USD
It is more likely to go down to around 1.4, but please beware, because we see that it also have potentially to go up to around 1.4170 or even 1.42. We prefer to hold entry Sell. May be waiting after it goes up for a while.
(Current Price: 1.4075)
GBP/USD
It is more likely to go down to around 1.63 or lower, but please beware, because we see that it also have potentially to go up to around 1.64. We recommend to hold entry Sell. But if it still goes up and reaches 1.65, then it can continue to go up at around 1.6560.
(Current Price: 1.6394)
AUD/USD
It is more likely to go down to around 0.79. We recommend to wait until it goes up for a while, and then entry Sell.
(Current Price: 0.7999)
USD/JPY
It is more likely to go down to around 93.50, after it goes up at around 94.80. Better to hold Sell.
(Current Price: 94.15)
USD/CHF
It is more likely to go up to around 1.08, after it goes down at around 1.07. Better to hold Buy.
(Current Price: 1.0766)
Don’t be too late, and always check the posting time.
Beware from today news: (time is using GMT+7 / Indonesia – Jakarta Time)
(see your time conversion at www.timeanddate.com)
12:00 JPY
13:45 EUR
15:00 EUR
16:00 CHF
19:30 USD
20:00 USD
21:00 USD
Forex signals and technical analysis can be affected by the news report (fundamental)
NOTE:
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