Saturday, January 8, 2011

Daily Forex Signals – 07 Jan 2011

Beware of Non Farm Payroll news, because market would depends on that report.


Forex Analysis and Trading: Effective Top-Down Strategies Combining Fundamental, Position, and Technical Analyses (Bloomberg Financial)






EUR/USD

It is more likely to go down to below 1.30 or may be 1.2950, and after that, it might have potentially to go up to around 1.3050 or higher.

(Current Price: 1.3019)

GBP/USD

It is more likely to go down to around 1.5430 or lower than 1.54, and after that, it might have potentially to go up to around 1.55.

(Current Price: 1.5489)

AUD/USD

It is more likely to go down to around 0.9920 or lower, and after that, it might have potentially to go up to around 1.0

(Current Price: 0.9953)

USD/JPY

It is more likely to go up to around 83.50 or higher than 83.70, and after that, it might have potentially to go down to around 83.

(Current Price: 83.10)

USD/CHF

It is more likely to go up to around 0.97, and after that, it might have potentially to go down to around 0.9640.

(Current Price: 0.9647)


Forex Analysis and Trading: Effective Top-Down Strategies Combining Fundamental, Position, and Technical Analyses

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