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Analysis of the Currency May 7, 2012
by admin ·
EUR / USD
For today’s session we might consider opening a new long position if the value of the exchange ratio should break to the upside the 1.3030 threshold, setting the first target 1.3050 at 1.3070 and the second goal. If the share price were to break the downward 1.2940 could open a short position with the first goal at a height of 1.2920 and 1.2900 share for the second goal.
EUR / GBP
For the day today we could open a new long position if the price were to break the rising share of 0.8080, by fixing the first lens portion and the second lens 0.8100 0.8120 share. If the price were to fall to 0.8040 but break, we could open a short position with the first target at an altitude of 0.8020 and 0.8000 share for the second goal.
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