gbpforex free forex predictions August 09, 2010

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gbpforex free forex predictions August 09, 2010

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Free forex predictions for GBP-USD August 09, 2010

The pair remains on the upside and is challenging its previous high.

Prefer scenario : BUY positions @ 1.5950 with

TP 1 : 1.6000

TP 2 : 1.6030

TP 3 : 1.6040

Alternative scenario: The downside penetration of 1.5930 will call for 1.5865 / 1.5810

free forex predictions for EUR-USD August 09, 2010

The pair stands above its new support (former resistance) and should post a rebound

Prefer scenario : BUY positions @ 1.3250 with

TP 1 : 1.3280

TP 2 : 1.3300

TP 3 : 1.3330

Alternative scenario: The downside breakout of 1.3225 will open the way to 1.3170 / 1.3120

free forex predictions for AUD-USD August 09, 2010

The pair is trading in an intraday bullish channel.

Prefer scenario : BUY positions @ 0.9160 with

TP 1 : 0.9190

TP 2 : 0.9200

TP 3 : 0.9210

Alternative scenario : Below 0.914 look for further downside with 0.9100 / 0.9070

free forex predictions for USD-JPY August 09, 2010

The pair is on the upside but should strike against it’s resistance.

Prefer scenario : SELL positions @ 85.55 with

TP 1 : 85.30

TP 2 : 85.15

TP 3 : 85.00

Alternative scenario : The upside penetration of 85.70 will call for a rebound towards 86.00 / 86.20

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