Daily Forex Analysis and Prediction for June 17, 2009

EUR/USD
It is complicated. Because there is still no clear signs. But we predict that it is more likely to go up to around 1.39, and after that, it might have potentially to go down to around 1.37. You can use a breakout strategy, Buy when it reaches 1.3890, and Sell when it reaches 1.3740.
(Current Price: 1.3844)

GBP/USD
It is also still no clear signs. But we predict that it is more likely to go up to around 1.65. You can use a breakout strategy, Buy when it reaches 1.65, and Sell when it reaches 1.62.
(Current Price: 1.6385)

AUD/USD
No clear signs. No comments for AUD/USD today

USD/JPY
It is complicated. But we predict that it might have potentially to go up to around 97.50.
(Current Price: 96.42)

USD/CHF
It is more likely to go down to around 1.0820, and after that, it might have potentially to go up to around 1.0950.
(Current Price: 1.0877)

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

12:00 JPY
12:45 CHF
14:15 CHF
15:30 GBP
16:00 CHF
19:30 USD
20:00 USD

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