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Analysis of the Currency January 23, 2012
by admin ·
EUR / USD
For the session earlier this week we might consider opening a new location in the event that the purchase price of this share exchange ratio should break the rising share of 1.2950, setting the first goal at a height of 1.2970 and the second goal to achieve the proportion of 1.2900. If, otherwise, the price should break to the downside, the share of 1.2870, then we could open a short position by fixing the first goal at a height of 1.2960 and 1.2850 share for the second goal.
EUR / GBP
Today for our graphs we see that we could open a new long position if the value of the exchange ratio should break the rising share of 0.8330, with the first goal at a height of 0.8350 and 0.8370 share for the second goal. If the exchange ratio would continue to decline up to break down the proportion of 0.8290, we could open a short position by fixing the first goal at a height of 0.8270 and 0.8250 share of the second objective.
USD / JPY
From our graphs show that for today’s session we could open a new long position if the value of the exchange rate between two currencies exceeds the rising share of 77.10, setting the first goal at a height of 77.20 and 77.30 seconds at an altitude of goal . If, however, the price should break the downward portion of 76.90, then we could open a new location for sale with the first goal at a height of 76.70 and 76.50 seconds at an altitude goal.
GBP / USD
For today’s session for this cross currencies, we could open a long position in the event that the price should break the rising share of 1.5550, setting the first goal at a height of 1.5570 and 1.5590 share for the second goal. If the value of the exchange ratio would fall below the value of 1.5530, we could open a new short position by fixing the first goal at a height of 1.5520 and 1.5500 share for the second goal.
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