BFI: Currency market commentary

Forex

Article

Articles menu

Article content

90

BFI: Currency market commentary

07.04.2009 10:48 Tuesday

Good morning. Herewith we would like to present our currency market forecasts for today.

EURUSD
Right now the pair is staying in range 1,3390-1,3310/1,3290. Possible downside rebound will bring the rate as low as 1,3200.

GBPUSD
Possible return to the area of 1,4950 and only fall below 1,4630 will cancel this scenario.

USDJPY
Drop to the level of 99,40 would be a good point to open long positions with destination target set at 102,70.

USDCHF
Range of trading seen between 1,1410-1,1300. Downside rebound will initiate drops to the area of 1,1190.

For more comments and recommendations please visit our website www.bavariafund.com







Notowania

Ads

Sonda

What is the best investment?

Forex Market
Stock Market
Real Estate
Mutual fund

Reklama



 

Ad.