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free forex predictions for GBP-USD July 13, 2010

The pair is on the upside and is approaching its resistance, the RSI is mixed to bullish

Prefer scenario : BUY positions @ 1.5170 with

TP 1 : 1.5200

TP 2 : 1.5230

TP 3 : 1.5250

Alternative scenario: The downside penetration of 1.5150 will call for 1.5100 / 1.5050

free forex predictions for EUR-USD July 13, 2010

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

Prefer scenario : BUY positions @ 1.2670 with

TP 1 : 1.2700

TP 2 : 1.2720

TP 3 : 1.2740

Alternative scenario: The downside penetration of 1.2650 will call for a slide towards 1.260 / 1.2550

free forex predictions for AUD-USD July 13, 2010

The break above 0.8770 is a positive signal that has opened a path to 0.8850.

Prefer scenario : BUY positions above 0.8780 with

TP 1 : 0.8800

TP 2 : 0.8820

TP 3 : 0.8850

Alternative scenario : Below 0.8770 look for further downside with 0.8685 / 0.8670

free forex predictions for USD -JPY July 13, 2010

The RSI has broken above a declining trend line, the pair is on the upside and is approaching its previous high

Prefer scenario : BUY positions @ 88.70 with

TP 1 : 88.00

TP 2 : 88.30

TP 3 : 88.50

Alternative scenario : The downside breakout of 88.60 will open the way to 88.40 / 88.20

free forex predictions for GBP-USD July 13, 2010

The pair stands below its new resistance, the RSI is capped by a declining trend line.

Prefer scenario : SELL positions @ 1.5060 with

TP 1 : 1.5040

TP 2 : 1.5020

TP 3 : 1.5000

Alternative scenario: The upside breakout of 1.5075 will open the way to 1.510 / 1.5140

free forex predictions for EUR-USD July 13, 2010

The pair has broken above its ST bearish channel upper boundary and is challenging its resistance, the RSI is well directed

Prefer scenario : BUY positions @ 1.2570 with

TP 1 : 1.2600

TP 2 : 1.2620

TP 3 : 1.2640

Alternative scenario: The downside penetration of 1.2550 will call for a slide towards 1.2525 / 1.2475

free forex predictions for AUD-USD July 13, 2010

The RSI is bullish and calls for further upside.

Prefer scenario : BUY positions above 0.8730 with

TP 1 : 0.8760

TP 2 : 0.8780

TP 3 : 0.8800

Alternative scenario : Below 0.8690 look for further downside with 0.8620 / 0.8560

free forex predictions for USD -JPY July 13, 2010

The pair stands below its resistance and should face a further weakness as the RSI is badly directed.

Prefer scenario : SELL positions @ 88.70 with

TP 1 : 88.50

TP 2 : 88.30

TP 3 : 88.00

Alternative scenario : The upside penetration of 88.85 will call for 89.00 / 89.20

free forex predictions for GBP-USD July 12, 2010

The pair has broken below its strong support and remains under pressure, the RSI is mixed to bearish.

Prefer scenario : SELL positions @ 1.5070 with

TP 1 : 1.5030

TP 2 : 1.5000

TP 3 : 1.4980

Alternative scenario: The upside breakout of 1.5080 will open the way to 1.5140 / 1.5200

free forex predictions for EUR-USD July 12, 2010

The pair stands within a ST bearish channel and is challenging its support, the RSI is mixed and calls for caution.

Prefer scenario : SELL positions @ 1.2630 with

TP 1 : 1.2600

TP 2 : 1.2580

TP 3 : 1.2560

Alternative scenario: The upside penetration of 1.2650 will call for a rebound towards 1.2700 / 1.2750

free forex predictions for AUD-USD July 12, 2010

The RSI is bullish and calls for further advance.

Prefer scenario : BUY positions above 0.8750 with

TP 1 : 0.8780

TP 2 : 0.8800

TP 3 : 0.8820

Alternative scenario : Below 0.8690 look for further downside with 0.8620 / 0.8560

free forex predictions for USD -JPY July 12, 2010

The pair has broken above its resistance and remains on the upside.

Prefer scenario : BUY positions @ 88.80 with

TP 1 : 89.10

TP 2 : 89.30

TP 3 : 89.50

Alternative scenario : The downside penetration of 88.70 will call for a slide towards 88.25 / 87.95.

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