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Analysis of the Currency January 31, 2012
by admin ·
EUR / USD
For today’s session with respect to this cross currency we open a new long position if the price of this share exchange ratio should break the rising share of 1.3250, 1.3270 fixing the first lens and the second target 1.3290. Instead we might consider opening a short position if the price of this share exchange ratio would continue to fall to fall below 1.3080 share, setting the first goal at a height of 1.3060 and 1.3040 share for the second goal.
EUR / GBP
Looking at our charts, we can see that the session today, we could open a new long position if the price were to break the 0.8405 upside, placing our first goal at a height of 0.8420 and 0.8440 share our second goal. If the price of this share exchange ratio should break down the proportion of 0.8355, then we could open a new short position by setting a first target 0.8340 and 0.8320 share as a second goal.
USD / JPY
About this currency cross, for the day today we could open a new location in the purchase if the price were to rise up to break the rising value of 76.80, putting the first goal at a height of 76.90 and 77.00 seconds at an altitude goal. On the contrary if the price falls to the bottom to break up the value of 75.90, we could open a position in sales setting a first target 75.80 and 75.70 as the second goal.
GBP / USD
For today’s session between sterling and U.S. dollar could consider opening a long position if the price were to break upward the value of 1.5780, 1.5790, and fixed as the first goal as a second objective 1.5800. If the price falls to the bottom and break the share of 1.5660, then we could consider opening a new short position with first and second objective lens 1.5650 1.5640.
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