Free forex predictions for GBP-USD August 11, 2010
The pair is facing a consolidation as its intraday RSI lacks upward momentum.
Prefer scenario : SELL positions @ 1.5855 with
TP 1 : 1.5810
TP 2 : 1.5800
TP 3 : 1.5780
Alternative scenario: The upside penetration of 1.5880 will call for 1.5915 / 1.5955
free forex predictions for EUR-USD August 11, 2010
The pair is under pressure and is challenging its support, the RSI is mixed to bearish.
Prefer scenario : SELL positions @ 1.3155 with
TP 1 : 1.3115
TP 2 : 1.3100
TP 3 : 1.3090
Alternative scenario: The upside penetration of 1.3175 will call for a rebound towards 1.3235 / 1.3265
free forex predictions for AUD-USD August 11, 2010
The RSI is mixed to bearish.
Prefer scenario : SELL positions @ 0.9135 with
TP 1 : 0.9100
TP 2 : 0.9090
TP 3 : 0.9075
Alternative scenario : Above 0.9150 look for further upside with 0.9175 / 0.9207
free forex predictions for USD-JPY August 11, 2010
The pair has broken below its bearish flag lower boundary and is approaching its previous low.
Prefer scenario : SELL positions @ 85.60 with
TP 1 : 85.30
TP 2 : 85.20
TP 3 : 85.10
Alternative scenario : The upside penetration of 85.75 will call for a rebound towards 86.00 / 86.25