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gbpforex free forex predictions August 06, 2010

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Information about gbpforex free forex predictions August 06, 2010 from GBPForex

Free forex predictions for GBP-USD August 06, 2010

The pair has rebounded on its support and is challenging its bullish flag upper boundary.

Prefer scenario : BUY positions @ 1.5830 with

TP 1 : 1.5880

TP 2 : 1.5900

TP 3 : 1.5930

Alternative scenario: The downside penetration of 1.5810 will call for 1.5760 / 1.5715

free forex predictions for EUR-USD August 06, 2010

The pair is pulling back on its MT bullish channel lower boundary ahead of a rebound.

Prefer scenario : BUY positions @ 1.3165 with

TP 1 : 1.3195

TP 2 : 1.3220

TP 3 : 1.3240

Alternative scenario: The downside breakout of 1.3145 will open the way to 1.3120 / 1.3090

free forex predictions for AUD-USD August 06, 2010

The key rising trend line maintains a bullish bias.

Prefer scenario : BUY positions @ 0.9160 with

TP 1 : 0.9190

TP 2 : 0.9210

TP 3 : 0.9235

Alternative scenario : Below 0.9130 look for further downside with 0.9070 & 0.9020

free forex predictions for USD-JPY August 06, 2010

The pair has broken above its ST bearish channel upper boundary and should post a further up move

Prefer scenario : BUY positions @ 85.85 with

TP 1 : 86.10

TP 2 : 86.25

TP 3 : 86.35

Alternative scenario : The downside breakout of 85.70 will open the way to 85.55 / 85.30

 
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