Daily Forex Signals and Predictions for October 8, 2010

Today actually is hard to predict, because may be the market is waiting for the Non Farm Payroll News (NFP). So before the NFP is released, the market would potentially to move flat first.

EUR/USD
May be after from around 1.3850 or lower, then it is more likely to go up to around 1.39 or even 1.4. And then, it will goes down again.
(Current Price: 1.3876)

GBP/USD
May be after from around 1.5820 or 1.58, then it is more likely to go up to around 1.5950 or 1.6. And then, it will goes down again.
(Current Price: 1.5848)

AUD/USD
May be it would go up and reach 0.99, and after that, it might have potentially to go down again to around 0.98.
(Current Price: 0.9800)

USD/JPY
May be it would go up to around 83, and after that, it might have potentially to go down to around 82.
(Current Price: 82.40)

USD/CHF
After from around 0.97, then it is more likely to go down to around 0.96.
(Current Price: 0.9687)

Don’t be to late, and always check the posting time/update

Always remember that risk management is more important than the predictions !

FOREX NEWS. Beware from the today news: (GMT+7. Indonesia-Jakarta Time)

(See your time conversion at www.timeanddate.com)

Important Forex News Schedule
06:50 JPY
09:30 AUD
12:45 JPY
13:00 EUR
13:45 EUR
15:30 GBP
19:30 USD (Non Farm Payroll News)

(beware of the news revision or breaking news)

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