Daily Forex Analysis and Prediction for June 3, 2009

EUR/USD
It is more likely to go up to around 1.4350 or even 1.44, But before it is go up, it have a potential to go down first to around 1.4240.
(Current Price: 1.4285)

GBP/USD
It is more likely to go up to around 1.6650 or even 1.67, But before it is go up, it have a potential to go down first to around 1.6490.
(Current Price: 1.6562)

AUD/USD
It is more likely to go up to around 0.8280 or even 0.83, But before it is go up, it have a potential to go down first to around 0.8150.
(Current Price: 0.8239)

USD/JPY
It is more likely to do down to around 94.50 or lower, But before it is go down, it have a potential to go up first to around 96.20.
(Current Price: 95.65)

USD/CHF
It is more likely to go down to around 1.0550 or lower, But before it is go down, it have a potential to go up first to around 1.07.
(Current Price: 1.0628)

Also beware from today news: (time is using GMT+7 / Indonesia - Jakarta Time)
(see your time convertion at www.timeanddate.com)

15:30 GBP
16:00 EUR
19:15 USD
21:00 USD

All the technical analysis can be affected by the news report (fundamental)

NOTE:
Please open the COMMENTS menu to see the discussions.
If you don’t want to miss our analysis when it is updated, please subscribe to our Forex Newsletter for free

Don’t trade without a stop loss (The Ratio of TP and SL should not more than 1:2), and Always use risk management control. ! (We suggest, you should not use more than 5% risk from your equity)

Use our Forex Analysis as your Second Opinion