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Daily Forex Analysis for Apr 22, 2009
EUR/USD
It should move flat at today
GBP/USD
It may attempt a test higher to 1.4850, after which a downside move to 1.4500 or lower is expected
USD/JPY
It may attempt a test higher to 98.80, after which a downside move to 98.00 or lower is expected
USD/CHF
It should go down to 1.1630. But it also move flat at around 1.1700 – 1.1660 area
AUD/USD
It may attempt a test higher to 0.7120 after which a downside move to 0.7010 is expected
USD/CAD
It looks more likely that it would rise to 1.2420 or higher. Supports are at 1.2250.
EUR/GBP
It looks more likely that it would rise to 0.8880. After which a downside move is expected.
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