What is the direction of highest probability today?

Dec-15 Daily Forex Forecast and Trend Analysis

What is the direction of highest probability today?

Dec-14 Daily Forex Forecast and Trend Analysis

What is the direction of highest probability today?

Dec-11 Daily Forex Forecast and Trend Analysis

Dec-10 Daily Forex Forecast and Trend Analysis

What is the direction of highest probability today?

Dec-09 Daily Forex Forecast and Trend Analysis

Dec-08 Daily Forex Forecast and Trend Analysis




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Wednesday, December 16, 2009
Dec-16 What is the direction of highest probability today?

Events to watch for in the European morning session:

Eurozone PMI @ 09:00 GMT

UK Unemployment @ 09:30 GMT

Eurozone CPI @ 10:00 GMT

**Watch for the rate decision in the US later

Probability Studies:

eur

Direction of Highest Probability: BEARISH
60 minute trend resistance: 1.4580
Bullish Probability above: 1.4580
Significant resistance: 1.4870
Significant support:1.4480

gbp

Direction of Highest Probability: BEARISH
60 minute trend resistance: 1.6310
Bullish Probability above: 1.6310
Significant resistance: 1.6310, 1.6580
Significant support:1.6216, 1.5706

aud

Direction of Highest Probability: BEARISH
60 minute trend resistance: 0.9060
Bullish Probability above: 0.9060
Significant resistance: 0.9060, 0.9175
Significant support:0.8916

jpy

Direction of Highest Probability: BULLISH
60 minute trend support: 89.07
Bearish Probability below: 89.07
Significant support: 89.07, 84.78
Significant resistance:90.00, 93.00

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