By
Euro/Dollar. The candle "live", which was formed on the daily chart on Thursday as well as on a weekly chart, said that the current pair formed an interim minimum and will be consolidated on it in the next few days. Today the price will be likely traded above the level of 1.5350 with a possible breakthrough to 1.5450. In the case of overcoming of the figure 1.5500 the covering of short positions may be continued until the level of 1.5555/1.5600.
Strategy. To open buy positions at 1.5390/1.5360; stop below 1.5270. Short-term target at 1.5475, the next at 1.5550.
Dollar/Yen. Candle "bear merger" on a weekly chart against the level of 50% Fibonacci correction showed that the currency pair formed an intermediate top. This week the continuation of consolidation below 105.50 is expected. A descending movement may be supported in the range between 102.00 - 101.50. In the long term, we expect the continuation of the fall of course.
Strategy. To open short positions at the 103.50, but only in the case if you already prepared to reinforce positions before 104.50; stop above 105.00. Short-term target at 103.00/102.75 area, then at 101.50.
Pound/Dollar. The currenct pair tested the bottom of the figure "wedge" with descending movement. Keep an eye on the possible formation of the turn figures this week.
Strategy. To open buy positions at 1.9465, stop below 1.9400. Short-term target at 1.9550 and then at 1.9665.
Keine Kommentare:
Kommentar veröffentlichen