Daily Forex Analysis and Predictions for Nov 20, 2009

EUR/USD
It is complicated. We predict that it is more likely to go down just for a while to around 1.4850 or may be lower, and after that, it might have potentially to go up to around 1.49 or 1.5. Better to hold BUY, but looking for the best price to enter Buy.
(Current Price: 1.4893)

GBP/USD
It is more likely to go up to around 1.67 or higher. Looking for the best price to enter Buy, may be at around 1.66.
(Current Price: 1.6629)

AUD/USD
It is more likely to go down to around 0.91. Looking for the best price to enter Sell, may be at around 0.92.
(Current Price: 0.9170)

USD/JPY
It is more likely to go up to around 89, and after that, it might have potentially to go down to around 88.
(Current Price: 88.89)

USD/CHF
It is complicated. We predict that it is more likely to go down lower than 1.01.
(Current Price: 1.0145)