Intraday Forex Forecast May 17, 2006:

Forecast Time: 11:59 PM EST (US-NY Time)
Next Update: 2:50 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 4 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.
* Suggestions and comments are greatly welcomed please send your comments or
contact us by email fxforecaster@yahoo.com

Forex Updates [May17, 2006].. The GBP and EUR Data is coming at 4:30AM and 5:00AM EST The Canadian 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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Latest Forex Market Update

US Data will come tomorrow at 8:30 AM EST on May 18 2006 be ready that will change the EUR... trade accordingly...

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EUR/USD : Short term buy arround 1.2700 then Sell arround 1.2830...must use stoploss at 1.2725 ... Next Move: Buy again arround 1.2678 then Sell between 1.2890 and 1.2920
Current rate: 1.2753 Trend: short term up
Status: Target Achieved
My action: will Buy again at 1.2690 Sold at 1.2750 Time: 2:35AM
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USD/JPY: Short term buy arround 108.64 then sell arround 109.90
Next Move: buy again at 110.05 then sell arround 111.40
Current Rate: 110.73 Trend: short term down
Status: Target Achieved

My action: will Buy at 109.05 will Sell at 110.90Time: --
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GBP/USD: Short term Buy arround 1.8760 with selling targets arround 1.8870... must use stoploss.

Next Move: buy again arround 1.8765 with selling target arround 1.8920
Current rate: 1.8834 Trend: short term up then up
Status: Target Achieved

My action: will Buy again at 1.8780 Sold at 1.8825 Time: 2:35AM =====================================

USD/CHF : SHORT term buy arround 1.2010 then selling targets at 1.2090
Next Move: buy again arround 1.1990 then selling target arround 1.2010
Current rate: 1.2125 Trend: short term down
Status: Target Achieved
My action: will Buy at 1.2005 will Sell at 1.2135Time: -- =====================================

EUR/GBP: Buy arround 0.6752 Sell arround 0.6850
Next Move: depends on trend
Current rate: 0.6769 Trend: short term up
Status: Target Reached
My action: will Buy at 0.6752 Sold at 0.6775 Time: 2:35APM
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GBP/JPY : Buy again arround 206.10 with Selling targets at 207.10
Next Move: depends on trend so trade on different dips
Current rate: 208.67 Trend: short term up then down towards 206.00

Status: Target Achieved

My action: will Buy again at 206.10 Time: --
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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 !!!