Forex Prediction For Tuesday 18 January 2011

IMHO Investors prefer take profit assigned by the rise of GBP since last friday.
During this week, GBP will start down for profit taking action.
Prefer short GBP/USD with target 1.5620 area.

Euro still in consolidation with bearish domination until weekend.
Aussie also prefer bearish following by Kiwi
Gold bearish time to take profit.

Use this prediction as second opinion. Don't greedy.
Happy Trading

Forex Prediction For Friday 14 January 2011

After vacation for several week, it's good time for begin trading in the fresh new year 2011.

If you look at daily's chart for AUSSIE, you can find classical formation head and shoulder in it :-)
IMHO, prefered short AUD/USD for middle term maybe long term with target 0.977 extension to 0.955.

Happy trading

Happy New Years 2011

HAPPY NEW YEARS 2011