Economic Calendar And Predictions: Daily Forex Analysis and Predictions for Aug 13, 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 up higher than 1.4250 or even 1.43, and after that, it might have potentially to go down to around 1.41.
(Current Price: 1.4224)

GBP/USD
It is more likely to go up higher than 1.6550, and after that, it might have potentially to go down to around 1.6350.
(Current Price: 1.6495)

AUD/USD
It is more likely to go up to around 0.84. and after that, it might have potentially to go down to around 0.83.
(Current Price: 0.8353)

USD/JPY
It is more likely to go down to around 95 or may be lower. But if it still goes up and reaches 96.40 then it will bullish.
(Current Price: 95.96)

USD/CHF
It is more likely to go down lower than 1.073 or may be 1.0650, and after that, it might have potentially to go up to around 1.08 or higher.
(Current Price: 1.0751)