Predictions May 12 – 16, 2008

After a one-week hiatus, the predictions are back.

EURvUSD 1.5481
Short-term (1 day): Short, T/P between1.5425 and 1.5395
Long-term (Week): Buy at 1.5425, sell at 1.5525

USDvJPY 102.95
Short-term (12 hours): Buy, T/P 103.30
Long-term: Short, hold all week

USDvCHF – 1.0410
Short-term buy is too risky to bother with.
Short all week, or to 1.0070, whichever comes first.

USDvCAD 1.0053 – Trading in a very narrow range, headed towards a major breakout…
Sell, T/P @ 1.0020
Buy @ 1.0020, T/P 1.0050

If it breaks down through parity, sell the shit out of it.

AUDvUSD 0.9430 – Unclear. Buy if it drops to 0.9305, but that’s more of a month-long trend.
Off-the-record I’m going to say down to at least 0.9405.

GBPvUSD 1.9522 – Short all week


~ by yarcofin on May 11, 2008.

One Response to “Predictions May 12 – 16, 2008”

  1. USDvCAD, I’d expect no less if it breaks down through parity.

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