Tuesday, December 7, 2010

Both USD and EURO are bad currency now

Investors not interested with both USD and EURO.
Since the USD too weak, and EURO too risk with many problem since Yunani and now Irish, then Portugal and other next.
IMHO until the end of this year, USD and EURO will be weaker.
Prefer short EUR/GBP with target 0.8000
Prefer short USD/CHF with target 0.9400

Use this as second opinion
Happy Trading

Thursday, December 2, 2010

USD Weaken Before NFP on Friday

Today probably some scenario prediction before the NFP.
Last night USD weaken and sharply drop down.
IMHO better not trade when the NFP rilis today.

Happy trading

Wednesday, December 1, 2010

Forex Prediction For Thursday 02 December 2010

Something never go as usually, whatever the forces or interverns will make more dificult situation.
Investors will not make big risk and keep steady with the USD.
IMHO USD still bullish until the end of this year.
GBPUSD Prefer short targeting 1.5320
EURUSD Prefer short targeting 1.2650 (This is biggest support for EU until the end of the year)
AUDUSD Prefer short targeting 0,9100 (Will down more deep maybe 0.8900)
USDCHF Prefer long reach 1.0250

Use this as the second opinion, and keep remember don't greedy :)

Happy Trading