Currency analysis – April 13
April 13th, 2010
EUR / USD The day yesterday was clearly down, we will see today. For the meeting today if the price of contract should pierce downwards 1.3620 share, we open a long position with the first target 1.3640 and 1.3660 second goal. If the relationship were to pierce the rising value of 1.3550, we might opt for a position with the first acquisition target 1.3530 and 1.3510 second goal.
EUR / GBP
For today's session we could consider opening a new location where the purchase price exceeds the exchange ratio of 0.8860 share the upside, with first and second objective lens 0.8880 0.8900. Conversely, if the price were to fall below the share of 0.8830, we
open a position in sales with the first and second objective lens 0.8820 0.8800.
USD / JPY
Looking at the graphs at our disposal we can see that we could open a new long position if the price change should break upward the value of 93.10, with first and second objective lens 93.30 93.50. If, however, the price should break down 92.40, then we could open a short position with the first goal with 92.20 and 92.00 second goal.
GBP / USD
For Today we open a new long position if the value of contract should break upward 1.5380 share, placing first goal as 1.5400 and 1.5410 share of the second objective. If, however, the exchange ratio would drop to break downward the value of 1.5320, then we could consider opening a sales position with first and second objective lens 1.5300 1.5280.
USD / JPY
Looking at the graphs at our disposal we can see that we could open a new long position if the price change should break upward the value of 93.10, with first and second objective lens 93.30 93.50. If, however, the price should break down 92.40, then we could open a short position with the first goal with 92.20 and 92.00 second goal.
GBP / USD
For Today we open a new long position if the value of contract should break upward 1.5380 share, placing first goal as 1.5400 and 1.5410 share of the second objective. If, however, the exchange ratio would drop to break downward the value of 1.5320, then we could consider opening a sales position with first and second objective lens 1.5300 1.5280.
Tags: the Exchange, the price, Trading