Intraday Forex Forecast May 16, 2006:

Forecast Time: 2:20AM EST (US-NY Time)
Next Update: 3:55 AM EST.
* Forecast is based on 24 hours trend, Put stoploss on your own (atleast 30pips) to prevent from loss.
* Next Move means next Forecast or next 18 hours after current forecast.
* Page Refresh rate set to 5 minutes.. Press F5 key or browser Refresh button to Refresh.
* You can sell and buy again on different dips in between short term uptrend.
* Wait for the right time and Refresh broswer before entering in trade.
* Analysis and forecast is based on market analysis, charts, past data analysis.
* For suggestions and comments please contact us by email fxforecaster@yahoo.com

Forex Updates [May17, 2006].. The Canadian Netfgn & Wholesale Data and US CPI and CPI core Data will come at 8:30EST. and these all data news are important and could change market direction... trade accordingly...
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EUR/USD : very short term buy again arround 1.2835 then Sell arround 1.2860...must use stoploss... trend is bullish can go towards 1.2910
Next Move: Buy again arround 1.2710 then Sell arround 1.2880
Current rate: 1.2845 Trend: short term up
Status: Target Achieved
My action: Bought at 1.2835 will Sold at 1.2868 Time: 1:15PM
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USD/JPY: Short term buy arround 109.20 then sell arround 109.90
Next Move: buy again at 110.05 then sell arround 111.40
Current Rate: 109.45 Trend: short term down
Status:Target in Range
My action: Bought at 109.20 Time: 9:15PM
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GBP/USD: very Short term Buy arround 1.8835 with selling targets arround 1.8870... must use stoploss. trend is bullish
Next Move: buy again arround 1.8710 with selling target arround 1.8890
Current rate: 1.8882 Trend: short term up
Status: Target Achieved
My action: Bought at 1.8835 Sold at 1.8875 Time: 8:35 PM
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USD/CHF : SHORT term buy arround 1.2048 then selling targets at 1.2070
Next Move: buy again arround 1.1990 then selling target arround 1.2010
Current rate: 1.2070 Trend: short term down
Status: Target in Range
My action: Bought again at 1.2040 Time:8:45PM =====================================

EUR/GBP: Buy arround 0.6800 Sell arround 0.6850
Next Move: depends on trend
Current rate: 0.6805 Trend: short term down
Status: Target Achieved
My action: Sold at 0.6812 Time: 3:25 AM
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GBP/JPY : Buy again arround 206.50with Selling targets at 207.24
Next Move: depends on trend so trade on different dips
Current rate: 206.62 Trend: short term upside now
Status: Target in Range
My action: Sold at 207.24 and will Buy again at 206.50 Time: 8:35PM
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Special trades:
* go long with CAD/JPY as it will move with Oil Prices
* go long with AUD/JPY as it will move with Gold Prices.

Best of Luck and Have a Nice trade !!!