Daily Forex Analysis and Predictions for Jan 5, 2010

EUR/USD
It is more likely to go up to around 1.45 and then goes down, but before it goes up to 1.45 may be it will try to go down first to around 1.4360. Looking for the best price to enter Buy.
(Current Price: 1.4422)

GBP/USD
After it goes down to around 1.6040, it is more likely to go up to around 1.6150 or may be higher than 1.62, and then goes down.
(Current Price: 1.6085)

AUD/USD
It is more likely to go down to around 0.9050, and after that, it might have potentially to go up to around 0.9150 or higher.
(Current Price: 0.9120)

USD/JPY
It is more likely to go up to around 93.
(Current Price: 92.14)

USD/CHF
It is more likely to go up to around 1.0320, and after that, it might have potentially to go down to around 1.0250.
(Current Price: 1.0287)

Beware from today news: (time is using GMT+8 / Malaysia)
(see your time conversion at www.timeanddate.com)
16:55 EUR
17:30 GBP
18:00 EUR
23:00 USD
(beware of the news revision)

Forex signals and technical analysis can be affected by the news report (fundamental)

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