Thursday, June 02, 2011

predictions for trading in forex markets-june 2


Prediction for June 2 2011: Experimental predictions
Valid for Power trading hours 12-4 pm GMT

Currency pairs
Reference price/Last  price around 12 noon GMT
Prediction/ Strategy-all time in GMT
,
EURUSD
Refer to 12 noon exchange rates
Volatile trade with overall euro likely to go down
JPYUSD
-
Buy JPY initially but safer to buy usd after initial correction in usd
CHFUSD
-
Buy CHF
CADUSD
-
Buy USD but may be too volatile

Mos currencies considered may show unusual volatility. Our cards show trading JPYUSD and USDCHF may be safest

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