Daily Forex Analysis and Prediction for June 24, 2009

EUR/USD
It is more likely to go up to around 1.4150, and after that, it might have potentially to go down to around 1.39, But if it still goes up and reaches 1.4290, then it will bullish. You can use a breakout strategy, Buy when it is at 1.4290, and Sell when it is at 1.3950.
(Current Price: 1.4074)

GBP/USD
It is more likely to go up to around 1.6650, and after that, it might have potentially to go down to around 1.6250.
(Current Price: 1.6436)

AUD/USD
It is more likely to go up to around 0.8050, and after that, it might have potentially to go down to around 0.78.
(Current Price: 0.7938)

USD/JPY
It is more likely to go up to around 95.80, and after that, it might have potentially to go down to around 94.50.
(Current Price: 95.25)

USD/CHF
It is more likely to go down to around 1.0560, and after that, it might have potentially to go up to around 1.08.
(Current Price: 1.0670)



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

13:30 JPY
15:00 EUR
17:00 CHF, GBP
19:30 USD
20:30 GBP
21:00 USD
21:45 GBP
June 25. 01:15 USD (<== FOMC. Beware of this news. High Impact !)

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