Currency analysis – April 11
April 13th, 2010
EUR / USD Our designers tell us that for the day today you may be able able to open a position in buying if the exchange rate should break the rising share of 1.3690, with the first target to 1.3720 share and 1.3750 share for the second goal. If the value of contract should break downward the share of 1.3635, then we could open a short position by putting our first goal to 1.3620 share and 1.3600 share our second goal.
EUR / GBP
For Today we might consider opening a long position if the value of the exchange ratio should break 0.8850 on the upside, setting the first goal to reach an altitude of
0.8870 and 0.8890 second goal to achieve. If, however, the value of the exchange ratio would instead fall below the value of 0.8820, then we open a position in sales, or short, with the first objective to 0.8800 share and 0.8790 share for the second goal.
USD / JPY
For the day today we could consider opening a position if the purchase price exceeds the rising share of 93.25, with the first objective to reach an altitude of 93.30 and the second goal to reach an altitude of 93.50. If the value of the exchange rate should break the downward part 93.05, we could then open a position downwards by placing first goal as a share of 93.00 and 92.90 seconds target share.
GBP / USD
About this exchange ratio for the day today we open a long position if the price of the exchange ratio should break upward the value of 1.5480, setting the first goal and share 1.5500 1.5520 share for the second goal. If, however, the price should break down the proportion of 1.5420, then we could open a new sales position by setting the first target to 1.5400 share and 1.5380 share second goal.
USD / JPY
For the day today we could consider opening a position if the purchase price exceeds the rising share of 93.25, with the first objective to reach an altitude of 93.30 and the second goal to reach an altitude of 93.50. If the value of the exchange rate should break the downward part 93.05, we could then open a position downwards by placing first goal as a share of 93.00 and 92.90 seconds target share.
GBP / USD
About this exchange ratio for the day today we open a long position if the price of the exchange ratio should break upward the value of 1.5480, setting the first goal and share 1.5500 1.5520 share for the second goal. If, however, the price should break down the proportion of 1.5420, then we could open a new sales position by setting the first target to 1.5400 share and 1.5380 share second goal.
Tags: currency, Exchange rate, Foreign Exchange, GBP / USD