Daily Forex Analysis and Predictions for Sep 4, 2009

EUR/USD
It is more likely to go down to around 1.42, and after that, it might have potentially to go up to around 1.43 or higher.
(Current Price: 1.4247)

GBP/USD
It is more likely to go up to around 1.6350 or even 1.64, and after that it might have potentially to go down to around 1.62.
(Current Price: 1.6317)

AUD/USD
It is complicated, we recommend to use a breakout strategy. Buy if it reaches 0.8450, and Sell if it reaches 0.8350.
(Current Price: 0.8395)

USD/JPY
It is more likely to go down to around 92.
(Current Price: 92.58)

USD/CHF
It is more likely to go up to around 1.070, and after that, it might have potentially to go down to around 1.0550.
(Current Price: 1.0628)