Daily Forex Analysis and Prediction for June 16, 2009

EUR/USD

It is more likely to go down to around 1.37 or lower, But before it goes down, it might have potential to go up first to around 1.3850 or even 1.39.
(Current Price: 1.3794)

GBP/USD
It is more likely to go down to around 1.62 or lower, But before it goes down, it might have potential to go up first to around 1.6350.
(Current Price: 1.6243)

AUD/USD
It is more likely to go down to around 0.78 or lower, But before it goes down, it might have potential to go up first to around 0.7950.
(Current Price: 0.7895)

USD/JPY
It is more likely to go down to around 96, but before it goes down, it might have potential to go up first to around 97.50.
(Current Price: 96.78)

USD/CHF
It is more likely to go up to around 1.0980 or even 1.1, But before it goes up, it might have potential to go down first to around 1.0850.
(Current Price: 1.0915)

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

??? JPY (about Monetary Policy and BOJ Press Conference)
14:15 CHF
15:30 GBP
16:00 EUR
19:30 USD
22:30 USD

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