Daily Forex Analysis and Predictions for 16 Sep 2009

EUR/USDIt is more likely to go down to around 1.46 or lower. But before it goes down, please beware because it might be to go up first to around 1.47.(Current Price: 1.4664)

GBP/USDIt is more likely to go down to 1.63 or may be 1.62. But if it goes up and break 1.6580 then it will Bullish.(Current Price: 1.6474)

AUD/USDIt is more likely to go down to around 0.8550, and after that, it might have potentially to go up to around 0.8650.(Current Price: 0.8638)

USD/JPYIt is more likely to go down to around 90 or may be 89, but before it goes down, may be it will try to reach 91.50.(Current Price: 91.00)

USD/CHFIt is more likely to go down to around 1.03, and after that, it might have potentially to go up to around 1.04.(Current Price: 1.0342)