Daily Forex Predictions and Analysis for May 4, 2010

EUR/USD
From around 1.3250, it is more likely to go down to around 1.3160, and after that, it might have potentially to go up to around 1.3270 or higher. Prefer to keep sell after it goes up.
(Current Price: 1.3208)

GBP/USD
From around 1.5280 or may be 1.53, it is more likely to go down to around 1.5220, and after that, it might have potentially to go up to around 1.53. Prefer to keep sell after it goes up.
(Current Price: 1.5257)

AUD/USD
It is more likely to go up to around 0.93.
(Current Price: 0.9265)

USD/CHF
It is more likely to go up to around 1.0870 or may be 1.09, and after that, it might have potentially to go down to around 1.08.
(Current Price: 1.0845)