Daily Forex Analysis and Predictions for Nov 10, 2009

EUR/USD
It is more likely to go up just for a little bit, may be around 1.50 – 1.5050, and after that, it might have potentially to go down to around 1.4950 or 1.48. Prefer to keep Sell.
(Current Price: 1.4985)

GBP/USD
It is complicated. May be it would go up first at around 1.68, and after that, it will go down to around 1.67 or lower. Better to keep Sell. But if it still goes up and reach 1.6860 then it can continue to 1.69.
(Current Price: 1.6739)

AUD/USD
It is more likely to go down to around 0.92 or may be lower.
(Current Price: 0.9279)

USD/JPY
It is more likely to go up to around 90.50 – 91, and after that, it might have potentially to go down to around 89. This currency pair still move zig zag, around 91 and 89.
(Current Price: 89.95)

USD/CHF
It is more likely to go up to around 1.01 or 1.0150.
(Current Price: 1.0091)