Intraday forecast 05. Feb. 2010

EUR/USD bearish
Above 1.3775 look for further upside with 1.3825 & 1.3900 as targets.
Short positions below 1.3660 with targets @ 1.3610, & 1.3530 in extension.

USD/JPY bearish
Long positions above 90.10 with targets @ 90.55, look for further upside with 91.00.
Below 89.25 look for further downside to the 88.50 area, look for further downside with 88.00.

GBP/USD bearish
Above 1.5795 look for further upside with 1.5850 & 1.5920 in extension.
Short positions below 1.5670 with targets @ 1.5575 & 1.5450 in extension.

USD/CHF bullish
Long positions above 1.0775 with targets @ 1.0805 & 1.0850 in extension.
Below 1.0675 look for further downside with 1.0620 & 1.0575 in extension.