Daily Forex Predictions and Analysis for May 5, 2010

EUR/USD
It is more likely to go down below 1.30 or may be 1.2950, and after that, it might have potentially to go up to around 1.31.

GBP/USD
It is more likely to go down to around 1.5070, and after that, it might have potentially to go up to around 1.52.

AUD/USD
No Comment

USD/JPY
No Comment

USD/CHF
It is more likely to go up to around 1.1040, and after that, it might have potentially to go down to below 1.1.