Economic Calendar And Predictions: Daily Forex Analysis and Predictions for Aug 10, 2009

Pivot Point Calculator

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	Results	Formulas
	Res3	Res3= H + 2*(P-L)
	Res2	Res2= P + (Res1-Sup1)	Extreme Trading Range
Normal Trading Range	Res1	Res1= 2 * P - L
	Pivot Point	P= ( H + C + L ) / 3
	Sup1	Sup1= 2 * P - H
	Sup2	Sup2= P - (Res1-Sup1)
	Sup3	Sup3= L - 2*(H-P)

EUR/USD
It is more likely to go down to lower than 1.4150 or even 1.4050, and after that, it might have potentially to go up to around 1.4250.
(Current Price: 1.4182)

GBP/USD
It is more likely to go down to around 1.66, and after that, it might have potentially to go up to around 1.6750.
(Current Price: 1.6686)

AUD/USD
It is more likely to go down to around 0.83, and after that, it might have potentially to go up to around 0.84.
(Current Price: 0.8373)

USD/JPY
It might be to move zig zag today. And we predict that it will go down first to around 97, and after that, it might have potentially to go up to around 98.
(Current Price: 97.56)

USD/CHF
It is more likely to go up higher than 1.0850 or even 1.09, and after that, it might have potentially to go down to around 1.0750.
(Current Price: 1.0811)