Trade Strategy

[b]Euro/Dollar[/b] The currency pair traded below thin Ichimoku clouds and the middle of a wide range, formed in mid-March. Today the situation may not be fundamentally changed, but we always assume the close of short positions in this month.

[b]Strategy[/b] To open long positions at 1.5535, to set stop below 1.5440. Short-term targets at 1.5580 and at 1.5650.

[b]Dollar/Yen[/] The chart is boring and disappointing. We still await the formation of peaks.

[b]Strategy[/b] To sell the currency pair at 107.85/108.05, to set stops over 108.70. A short-term target at 107.00, the next at 106.50.

[b]Pound/Dollar[/b] The currency pair broke through the Ichimoku clouds and is now testing a resistance, which is a trend line. Breakthrough today or on Monday may provoke "a short compression."

[b]Strategy[/b] To open small long positions at 1.9715, to add positions to the level of 1.9650, to set stops below at 1.9550. To add long positions in the case of certain upward breakthrough to above 1.9750. Targets are 1.9800/1.9850.